1515 N River Drive, Miami, FL 33125

$14,999,000

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List Price
$14,999,000
Days on Market
156
MLS#
A11979551
Lot Size
45,723
Acres
1.77
MLS Area Major
2310

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.

Additional Information

Utilities
None, Sewer Not Available
Elementary School
Paul Laurence Dunbar K-8
Middle School
Citrus Grove
High School
Booker T. Washington

Listing courtesy of E. L. S. Realty Corp..

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Calculator source: Real Geeks