About 1515 N River Drive
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.
Features of 1515 N River Drive
| MLS® # | A11979551 |
|---|---|
| Price | $14,999,000 |
| Acres | 1.77 |
| Type | Land / Boat Docks |
| Sub-Type | Unimproved Land |
| Status | Active |
Community Information
| Address | 1515 N River Drive |
|---|---|
| Area | 2310 |
| Subdivision | GROVE PARK |
| City | Miami |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33125 |
| HOPA | No Hopa |
Amenities
| Utilities | None, Sewer Not Available |
|---|---|
| Is Waterfront | Yes |
| Waterfront | Other,River Front |
School Information
| Elementary | Paul Laurence Dunbar K-8 |
|---|---|
| Middle | Citrus Grove |
| High | Booker T. Washington |
Additional Information
| Zoning | 3900 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | E. L. S. Realty Corp. |
|---|