Property Description

Rare Miami River redevelopment opportunity located at 3066 NW S River Dr, Miami, FL 33142. The property consists of approximately 34,596 SF (0.79 acres) with an existing ±7,850 SF building. Current zoning allows up to 250 units per acre, supporting approximately 197 residential units with potential for up to a 16-story development. Existing improvements can be utilized or redeveloped for multifamily, mixed-use, hospitality, restaurant, entertainment, or owner-user use. Strategically positioned along the rapidly transforming Miami River corridor with close proximity to Brickell, Downtown Miami, Wynwood, the Health District, Miami International Airport, and major highways. The Miami River continues to emerge as one of Miami’s premier waterfront destinations with substantial residential, hospitality, and commercial growth throughout the area. Excellent opportunity for developers, investors, restaurant operators, or owner-users seeking a prime riverfront location in one of Miami’s fastest-growing urban corridors. Offered for sale at $15,000,000 and for lease at $450,000 NNN.

Overview

At a glance

Property Type

Land & Docks

Property Sub-Type

Unimproved Land

Address

3066 NW River Drive, Miami, FL 33142

Zoning

6117

MLS ID

A12020456

Listing Date

2026-04-29

Last Updated

5/20/2026, 7:30:33 PM

Days on Market

42