Unimproved Land in SW 272 Street, Miami, FL 33032 for sale with MLS# A11988245

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 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.

📅 View days on the market

Days on the market

SW 272 Street, Miami, FL 33032

Price
Price:
$2,950,000.00
Original List Price:
$3,300,000.00
List Price per Sq Ft (Calculated, Approx.):
$20.03
List Price per Sq Ft (Calculated, Approx.):
$20.02
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 Reduced
Last Major Update on:
April 4, 2026 3:41 am
Other Special Conditions:
County Jurisdiction, Corporate Owned, Plan Approval Required
Measures
Lot Area:
147,363 Sqft
Lot Size Dimensions and Info:
3.38
Additional Parcels
Lot Size Acres:
3.38
Number of Lots:
3
Property Features
Waterfront:
Yes
Waterfront Features:
Canal Front, None
Current Use:
Commercial, Unimproved
Vegetation and Trees:
Other, Partial Tree Coverage
Construction
Road Frontage Type:
County Road, Public Road
Possible Use:
Commercial
Flood Zone Code:
AH,X
Taxes and Expenses
Tax Annual Amount:
$10,396.00
Tax Year:
2025
Utilities
Sewer:
Public Sewer
Utilities Available:
None, Electricity Available, Sewer Available, Water Available
Water Source:
Other
Community
Subdivision Name:
HIDDEN GROVE
Senior Community:
No
Terms
Documents Available:
Survey, Engineering Study, Other Available Information
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
34 56 39 1.074 AC BEG SW COR OF SW1/4 OF SE1/4 OF NE1/4 TH N331.52FT SELY435.47FT W282.50FT TO POB F/A/U 30-6934-000-0090 OR 22070-0904 0220
Real Estate Folio Number (Parcel Number):
3069340000091
Zoning:
3050
Public Schools Assigned
Elementary School:
South Miami K-8
High School:
Homestead
Middle Or Junior School:
Cutler Bay Middle
Listing History
Active on the market since:
March 17, 2026
Listing Agreement executed on:
March 17, 2026
Price change occurred on:
April 4, 2026 3:41 am
Listing Status Last Changed On:
March 17, 2026 4:00 am
Photos updated on:
July 22, 2026 7:06 pm
Last Modified:
July 22, 2026 7:06 pm
Additional Information
Courtesy of:
Compass Florida, LLC
Attribution:
Not provided
Road Surface Type:
Paved
Location
Street Name:
272
City:
Miami
State:
Florida
Zip Code:
33032
County:
Miami-Dade
Latitude:
N25° 30' 52.2''
Longitude:
W81° 35' 53.2''
Street Suffix:
Street
Street Direction Prefix:
SW
Property Map

Want to schedule an in-person or virtual tour? Have questions?

Want to schedule an in-person or virtual tour? Have questions?
Schedule a Tour or Ask a Question


Neighborhood Stats

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

Median Household Income $74,995
Median Home Value $374,700
Median Rent $1,626/mo
Median Age 33
Population 62,021

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 SW 272 Street, Miami, FL 33032
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.