1515 N River Drive, Miami, FL 33125

Property Description

1.77 acres of prime contiguous land along the Miami River, an increasingly rare opportunity in one of Miami’s fastest-growing corridors. With direct waterfront access and approximately 14 existing 50 foot boat slips, this three lot assemblage is ideally positioned for impactful development.Under current T4-R zoning, the property permits multifamily residential construction by right, offering immediate development potential with 36 units per acre per T4-R zoning. One concept envisions the creation of 40 luxury townhomes that take full advantage of the site’s river frontage and lifestyle appeal.

Listing Status:

Active

Date Added:

March 9, 2026

Data Last Updated:

July 28, 2026 at 2:21PM

Listing Office:

E. L. S. Realty Corp. : 305-938-4000

Listing Agent:

Edward L Schmidt : 786-697-6223

MLS ID:

A11979551

Location

• Road/Access: Public Road
• Originating MLS: BEACH_MIAMI
• County: Miami-Dade

Lot

• Zoning: 3900GROVE PARK PB 5-66 LOTS 4 THRU 6 BLK 1 LESS PORT OF LOT 4 BEG SE COR OF LOT 4 TH N 00 DEG W 112.49FT N 71 DEG W 0.35FT S 00 DEG E 112.50FT S0131350160040
• Current Use: Multi-FamilyUnimproved

Utilities

• Utilities: NoneSewer Not Available
• Water: Other

Financial

• Source: BEACH_MIAMI