139XX SW 272 ST, Naranja FL 33032

For sale Days on market 127

HIDDEN GROVE [ Residential ]

$2,950,000

$350,000
Price Decreased

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Overview

3.38 acres

Property Type

Residential

Property 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 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.

Property Details

MLS#

A11986385

Building

HIDDEN GROVE

Address

139XX 272 ST SW

City

Naranja

State/county

Zip/Postal Code

33032

Area

Hidden Grove,naranja Village

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$10,396

Maint Fee

$--

Tax Year

2025

Canal View

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