1515 N River Drive, Miami, FL 33125

$14,999,000
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List Price
$14,999,000
MLS#
A11979551
Lot Size
45,723
Lot Dimensions
77101
Subtype
Unimproved Land
County
Miami-Dade
Subdivision
Grove Park
Region
2310
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Property Description

1.77 acres of prime contiguous land along the Miami River, an increasingly rare opportunity in one of Miami’s fastest-growing corridors. With direct waterfront access and approximately 14 existing 50 foot boat slips, this three lot assemblage is ideally positioned for impactful development.Under current T4-R zoning, the property permits multifamily residential construction by right, offering immediate development potential with 36 units per acre per T4-R zoning. One concept envisions the creation of 40 luxury townhomes that take full advantage of the site’s river frontage and lifestyle appeal.

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Additional Information

Water
Other
Elementary School
Paul Laurence Dunbar K-8
Middle School
Citrus Grove
High School
Booker T. Washington
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Listing courtesy of E. L. S. Realty Corp.. Contact:

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