Unimproved Land in 1515 N River Drive, Miami, FL 33125 for sale with MLS# A11979551

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.

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1515 N River Drive, Miami, FL 33125

Price
Price:
$14,999,000.00
Original List Price:
$13,999,000.00
List Price per Sq Ft (Calculated, Approx.):
$194.53
List Price per Sq Ft (Calculated, Approx.):
$328.04
Business Info
Gross Scheduled Income:
0
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Land & Docks
Property Type:
Unimproved Land
Description of Last Important Update:
Price Change
Last Major Update on:
June 12, 2026 4:51 pm
Other Special Conditions:
City Jurisdiction
Measures
Lot Area:
45,723 Sqft
Lot Size Dimensions and Info:
77101
Lot Size Acres:
1.77
Property Features
Waterfront:
Yes
Waterfront Features:
River Front, Other
Current Use:
Unimproved, Multi-family
Construction
Road Frontage Type:
Public Road
Flood Zone Code:
AE,X
Taxes and Expenses
Tax Year:
2026
Utilities
Utilities Available:
None, Sewer Not Available
Water Source:
Other
Community
Subdivision Name:
GROVE PARK
Senior Community:
No
Terms
Buyer Possession:
Other
Zoning and Legal
Tax Legal Description:
GROVE PARK PB 5-66 LOTS 4 THRU 6 BLK 1 LESS PORT OF LOT 4 BEG SE COR OF LOT 4 TH N 00 DEG W 112.49FT N 71 DEG W 0.35FT S 00 DEG E 112.50FT S
Real Estate Folio Number (Parcel Number):
0131350160040
Zoning:
3900
Public Schools Assigned
High School:
Booker T. Washington
Middle Or Junior School:
Citrus Grove
Listing History
Active on the market since:
March 9, 2026
Listing Agreement executed on:
March 9, 2026
Price change occurred on:
June 12, 2026 4:51 pm
Listing Status Last Changed On:
May 14, 2026 5:15 am
Photos updated on:
July 13, 2026 8:26 pm
Last Modified:
July 13, 2026 8:26 pm
Additional Information
Courtesy of:
E. L. S. Realty Corp.
Attribution:
Not provided
Location
Street Name:
River
Street Number:
1515
City:
Miami
State:
Florida
Zip Code:
33125
County:
Miami-Dade
Latitude:
N25° 47' 12.1''
Longitude:
W81° 46' 44.2''
Street Suffix:
Drive
Street Direction Prefix:
N
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $40,940
Median Home Value $377,600
Median Rent $1,427/mo
Median Age 43
Population 55,449

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 45 Good
☀️ O3 35 Good
🫁 PM2.5 45 Good
Ver la Propiedad Ver la propiedad 1515 N River Drive, Miami, FL 33125
Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.