SW 272 ST, Miami FL 33032

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 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

County Location, Near School, Other Soil Type, 2.5-5 Acres

Lot Size Square Feet

147,363

Waterfront

Yes

Waterfront Features

Canal Width 1-80 Feet

View

Other Water 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