About 139xx Sw 272 Street
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.
Features of 139xx Sw 272 Street
| MLS® # | A11986385 |
|---|---|
| USD | $2,950,000 |
| CAD | $4,082,948 |
| CNY | 元19,797,450 |
| EUR | €2,540,039 |
| GBP | £2,170,793 |
| RUB | ₽255,286,805 |
| Acres | 3.38 |
| Type | Land |
| Sub-Type | Unimproved Land |
| Status | Active |
| HOPA | No Hopa |
Community Information
| Address | 139xx Sw 272 Street |
|---|---|
| Area | 2690 |
| Subdivision | HIDDEN GROVE |
| Development | Naranja Village |
| City | Naranja |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33032 |
Amenities
| Utilities | Electricity Available, None, Sewer Available, Water Available |
|---|---|
| View | Canal |
| Is Waterfront | Yes |
| Waterfront | None, Canal Front |
Exterior
| Lot Description | Street Lights, Other |
|---|
School Information
| Elementary | Dr. William A. Chapman |
|---|---|
| Middle | Redland |
| High | Homestead |