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 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.

Overview

At a glance

Property Type

Land & Docks

Property Sub-Type

Unimproved Land

Address

SW 272 Street, Miami, FL 33032

Zoning

3050

MLS ID

A11988245

Listing Date

2026-03-17

Last Updated

4/9/2026, 6:52:39 AM

Days on Market

87

Subdivision

HIDDEN GROVE

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17325 SW 188th Street

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10.22 acres

Courtesy of Alterra Realty Group Inc

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