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.
SW 272 Street, Miami, FL 33032
- 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
- Gross Scheduled Income:
- 0
- 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
- Lot Area:
- 147,363 Sqft
- Lot Size Dimensions and Info:
- 3.38
- Additional Parcels
- Lot Size Acres:
- 3.38
- Number of Lots:
- 3
- Waterfront:
- Yes
- Waterfront Features:
- Canal Front, None
- Current Use:
- Commercial, Unimproved
- Vegetation and Trees:
- Other, Partial Tree Coverage
- Road Frontage Type:
- County Road, Public Road
- Possible Use:
- Commercial
- Flood Zone Code:
- AH,X
- Tax Annual Amount:
- $10,396.00
- Tax Year:
- 2025
- Sewer:
- Public Sewer
- Utilities Available:
- None, Electricity Available, Sewer Available, Water Available
- Water Source:
- Other
- Subdivision Name:
- HIDDEN GROVE
- Senior Community:
- No
- Documents Available:
- Survey, Engineering Study, Other Available Information
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Close Of Escrow
- 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
- Elementary School:
- South Miami K-8
- High School:
- Homestead
- Middle Or Junior School:
- Cutler Bay Middle
- 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
- Courtesy of:
- Compass Florida, LLC
- Attribution:
- Not provided
- Road Surface Type:
- Paved
- 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

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