1515 N River Drive, Miami, FL 33125
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Active

$14,999,000

1515 N River Drive, Miami, FL 33125

Beds
0 Baths
Sq Ft
Year Built

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.

Property Details

MLS Number
A11979551
Property Type
Unimproved Land
City
Miami
County
Miami-Dade
Subdivision
GROVE PARK
Garage
spaces