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139XX SW 272 ST, Naranja, FL 33032

$2,950,000 Beds Baths

Naranja, FL 33032 · HIDDEN GROVE

Status
Active
Type
Residential
Year Built
Days on Market
127
Lot Size
147,363 sqft
MLS #
A11986385

About This Home

This development site represents one of the lowest price-per-acre opportunities in the Naranja/South Miami-Dade market, delivering exceptional value for investors and developers alike. The property is zoned R-Edge within the Naranja Community Urban Center District, allowing multifamily developments. The site is comprised of 3 folios totaling 3.38 acres, with an allowable FAR of 3.7. The seller is currently in the process of obtaining ASPR approvals for a 66-unit garden-style multifamily project. Additionally under the site may qualify for a density increase of up to 84 units, subject to verification of eligibility and compliance with program requirements. Located directly across from a school and with convenient access to US1, public transit, the Florida Turnpike and major commercial corridors. The site is also located next to a canal which adds a nice buffer and flexibility for site design.

Building & Association

Building Name
HIDDEN GROVE
Association
No

Lot & Construction

Lot Features
City Location, Inside Location, Near School, Other Soil Type, 3 To Less Than 4 Acre Lot, No Misc/Improvements, Other, Street Lights
Lot Size Square Feet
147,363
Waterfront
Yes
Waterfront Features
Canal Front
View
Canal View
New Construction
No

Public Records

Parcel Number
30-69-34-000-0091
Tax Annual Amount
$10,396
Tax Year
2,025
Zoning
3050
County Or Parish
Miami-Dade County

Location

Courtesy of Compass Florida, LLC

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