$3,300,000

SW 272 ST, Miami, FL 33032

Commercial Property
Built in ——
3.38acre lot
—— car garage
$——/sqft
Listed 11 days ago

Property Description

This development site represents one of the lowest price-per-acre opportunities in the Naranja/South Miami-Dade market, offered at $976,335 per acre-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.

Listing Status:: Active
Date Added:: March 17, 2026
Data Last Updated:: March 28, 2026 at 6:08PM
Listing Office:: Compass Florida, LLC : 305-697-2904
Listing Agent:: Laura Kefalidis : 786-251-2319
MLS ID:: A11988245

Road/Access: County RoadPublic Road
Originating MLS: Miami Association of REALTORS®
County: Miami-Dade County

Zoning: 305034 56 39 1.074 AC BEG SW COR OF SW1/4 OF SE1/4 OF NE1/4 TH N331.52FT SELY435.47FT W282.50FT TO POB F/A/U 30-6934-000-0090 OR 22070-0904 022030-69-34-000-0091
View: Other Water ViewView
Current Use: Unimproved Business/CommercialUnimproved Multi Family (5+Units)

Utilities: No UtilitiesElectricity AvailableSewer AvailableWater Available
Water: Other
Sewer: Public Sanitation

Source: Miami Association of REALTORS®

This listing courtesy of Laura Kefalidis , Compass Florida, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Somerset Academy Silver Palms at Princeton

13390 SW 248th St, Homestead, FL, 33032

Grades KG-8

0.61 miles away

Somerset Academy Silver Palms at Princeton

13390 SW 248th St, Homestead, FL, 33032

Grades KG-8

0.61 miles away

Somerset Academy Charter High School

12425 SW 248th St, Homestead, FL, 33032

Grades 9-12

0.90 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.