139XX SW 272 ST, Naranja FL 33032

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.

This residential home located at 139XX SW 272 ST, Naranja FL 33032 is currently for sale and has been available on Brickellsold for 18 days. This property is listed at $3M. It has N/A beds, N/A bathrooms, and is N/A square feet. 139XX SW 272 ST, Naranja FL 33032 is in Naranja county Miami-Dade County.