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.
Property Details
Price:
$2,950,000
MLS #:
A11988245
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial
Subdivision:
HIDDEN GROVE
Neighborhood:
hiddengrove
Listed Date:
Mar 17, 2026
Lot Size:
147,363 sqft / 3.38 acres (approx)
WaterfrontHidden GroveHiddengroveHidden GroveOther Water ViewUnimproved Business/commercial,unimproved Multi Family (5+units)
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Schools
Interior
Exterior
Building Features
Medium Traffic
Lot Features
County Location, Near School, Other Soil Type, 2.5-5 Acres
Located in the HIDDEN GROVE subdivision, SW 272 ST Miami FL is a Single Family for sale in Miami, FL, 33032. It is listed for $2,950,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space.The average price per square foot for Single Family listings in Miami is $583. The average listing price for Single Family in Miami is $1,676,762.
Courtesy of Compass Florida, LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Miami, FL. Detailed information about real estate listings held by brokerage firms other than Wilk Real Estate LLC include the name of the listing broker. Neither the listing company nor Wilk Real Estate LLC shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Miami, FL. All rights reserved.
