LoPresto Allard Team
Price Reduced 10.61%
Price History
$3,300,000
3/17/2026
$2,950,000
4/4/2026
139XX SW 272 ST, Naranja, FL, 33032
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 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.
Status:
Active
Type:
Land (Residential)
Zoning:
3050
Frontage:
845
Subdivision:
HIDDEN GROVE
Acreage:
3.38
Est. Taxes:
$10,396
Utilities
Electricity Available,Sewer Available,Water Available
View Description:
Canal
Waterfront:
Yes
Days on Market:
17
MLS #:
A11986385
Community Info
School Info
Listing courtesy of Compass Florida, LLC. 305-697-2904