139XX SW 272 ST, Naranja, FL 33032

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 7:07AM

Listing Office:

Compass Florida, LLC : 305-697-2904

Listing Agent:

Laura Kefalidis : 786-251-2319

MLS ID:

A11986385

Exterior

• General: None

Location

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

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 022030-69-34-000-0091
• View: Canal ViewView
• Current Use: Multi-FamilyCheck Land Use Plan

Utilities

• Utilities: No UtilitiesElectricity AvailableSewer AvailableWater Available
• Water: Municipal Water
• Sewer: Public Sewer

Financial

• Source: Miami Association of REALTORS®