About Sw 272 Street
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.
Features of Sw 272 Street
| MLS® # | A11988245 |
|---|---|
| Price | $2,950,000 |
| Acres | 3.38 |
| Type | Land / Boat Docks |
| Sub-Type | Unimproved Land |
| Status | Active |
Community Information
| Address | Sw 272 Street |
|---|---|
| Area | 2690 |
| Subdivision | HIDDEN GROVE |
| City | Miami |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33032 |
| HOPA | No Hopa |
Amenities
| Utilities | Electricity Available, None, Sewer Available, Water Available |
|---|---|
| Is Waterfront | Yes |
| Waterfront | None,Canal Front |
School Information
| Elementary | Mandarin Lakes K-8 Academy |
|---|---|
| Middle | Cutler Bay Middle |
| High | Homestead |
Additional Information
| Zoning | 3050 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Compass Florida, LLC |
|---|