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Status:
Active
Size: 3.39 Acres (13,690 m2)
Price: $973,451/Acre ($241/m2)
Type: Land
MLS Number: A11986385
View: Canal
On Site: 17 Days
Updated: 11 Days ago
Page Views: 0
This Development Site Represents One Of The Lowest Price-per-acre Opportunities In The Naranja/south Miami-dade Market, Offered At $976,335 Per Acre-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 Live Local Act, The Site May Qualify For A Density Increase Of Up To 90 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.
Features
All features
- Property SqFt: 147363
- Remarks: This development site represents one of the lowest price-per-acre opportunities in the Naranja/South Miami-Dade market, offered at $976, 335 per acre-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 Live Local Act, the site may qualify for a density increase of up to 90 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.
- Internet Remarks: This development site represents one of the lowest price-per-acre opportunities in the Naranja/South Miami-Dade market, offered at $976, 335 per acre-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 Live Local Act, the site may qualify for a density increase of up to 90 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.
- View: Canal
- Waterfront: Yes
- Directions: Northeast
- Days on Market: 9
- Compass Point: SW
- Office Name: Compass Florida, LLC
- Area: 147363
- Taxes: 10396
- Tax Year: 2025
- Listing Date: 2026-03-20T01:36:43.000-00:00
- Lot Size Square Feet: 147363
Apples-to-Apples Comparables
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Price History
03/19/2026
Date
Listed
Event
$3.3M
Price
$22 ft2 / $241 m2
Price Per
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Laura Kefalidis • Compass Florida, LLC • Buyer Agency Compensation .
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