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Active unimprovedland SALE

1515 N River Drive, Miami, Florida 33125

Miami, FL 33125

$14,999,000
Property Details
MLS# A11979551
Type Unimprovedland

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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30 Year Fixed, 6.59% Interest
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Property Location
Listing Office: E. L. S. Realty Corp.
Listing Agent: Edward Schmidt

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