SW 272 Street, Miami, FL 33032

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 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.

Listing Status:

Active

Date Added:

March 17, 2026

Data Last Updated:

July 31, 2026 at 7:20AM

Listing Office:

Compass Florida, LLC : 305-697-2904

Listing Agent:

Laura Kefalidis : 786-251-2319

MLS ID:

A11988245

Location

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

Lot

• 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 02203069340000091
• Current Use: CommercialUnimproved

Utilities

• Utilities: Electricity AvailableNoneSewer AvailableWater Available
• Water: Other
• Sewer: Public Sewer

Financial

• Source: BEACH_MIAMI