139XX SW 272 ST, Naranja FL 33032 — #A11986385
- $2,950,000
Description
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.
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Overview
- Residential
- sqft
- A11986385
Details
Updated on June 5, 2026 at 7:50 pm-
Property ID A11986385
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Price $2,950,000
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Type Residential
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Property Status For Sale
Address
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Address: 139XX SW 272 ST
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City: Naranja
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State/county: Florida
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Zip/Postal Code: 33032
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Area: HIDDEN GROVE,Naranja Village
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Country: United States
- JFA Realtors