$2,950,000
SW 272 ST, Miami FL 33032
Commercial · Lot 147,363 sq ft · Active
MLS# A11988245 · Listing courtesy of Compass Florida, LLC
Facts
- Type
- Commercial
- Lot
- 147,363 sq ft
- Zoning
- 3050
- Taxes
- $10,396 (2025)
- Listed
- Mar 17, 2026
About this property
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.
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Listing data last updated 10/23/2026, 9:00:55 AM ET.