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.

Address

Open on Google Maps

Address: 272
City: Miami
State/county: Miami-Dade
Zip/Postal Code: 33032
Area: Miami

Details

Updated on July 22, 2026 at 9:53 pm

Property ID A11988245
Price $2,950,000
Land Area 3.38 Sq Ft
Type Unimproved Land
Property Status Land

Additional details

AdditionalParcelsDescription 3rd Parcel ID 30-6934-0140-0010, 2nd Parcel ID 30-6934-000-0015
AdditionalParcelsYN 1
CommunityFeatures Near Schools
ContractStatusChangeDate 2026-03-23
CumulativeDaysOnMarket 127
CurrentPrice 2950000
CurrentUse Commercial, Unimproved
DaysOnMarket 127
DaysOnMarketReplication 127
DaysOnMarketReplicationDate 2026-07-22
DaysOnMarketReplicationIncreasingYN 1
Directions South Dixie Highway to SW 272 Street, turn East to SW 142 AV. Site located next to the elementary school
DocumentsAvailable Environmental Study, Other, Survey
DocumentsCount 0
ElementarySchool Mandarin Lakes K-8 Academy
GrossScheduledIncome 0
HighSchool Homestead
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR Miami REALTORS
ListAgentAOR Miami Association of REALTORS
ListAgentDirectPhone 786-251-2319
ListAgentEmail laurakefalidis@aol.com
ListAgentFirstName Laura
ListAgentFullName Laura Kefalidis
ListAgentKey 26743814
ListAgentKeyNumeric 26743814
ListAgentLastName Kefalidis
ListAgentMlsId SEF0486120
ListAgentNationalAssociationId 279506000
ListAgentOfficePhone 305-697-2904
ListAgentPreferredPhone 786-251-2319
ListAgentStateLicense 0486120
ListOfficeAOR Miami Association of REALTORS
ListOfficeEmail mlsfl@compass.com
ListOfficeKey 5904299
ListOfficeKeyNumeric 5904299
ListOfficeMlsId SEFCOMP11
ListOfficeName Compass Florida, LLC
ListOfficePhone 305-697-2904
ListingAgreement Exclusive Right To Sell
ListingContractDate 2026-03-17
ListingKey 1155742603
ListingKeyNumeric 1155742603
ListingTerms Cash, Conventional
LotFeatures 2-3 Acres, Rural Lot
LotSizeDimensions 3.38
LotSizeSquareFeet 147363
MLSAreaMajor 2690
MajorChangeTimestamp April 3, 2026 at 11:41pm
MajorChangeType Price Change
MiddleOrJuniorSchool Cutler Bay Middle
MlsStatus Active
MobileDimUnits Feet
ModificationTimestamp July 22, 2026 at 07:11pm
NumberOfLots 3
OnMarketDate 2026-03-17
OnMarketTimestamp 2026-03-17T00:00:00.000-00:00
OpenHouseModificationTimestamp 2026-07-22T15:09:20.813-00:00
OriginalEntryTimestamp March 24, 2026 at 12:14am
OriginalListPrice 3300000
OriginatingSystemID M00000151
OriginatingSystemKey 562517044
OriginatingSystemListAgentMemberKey 1217880
OriginatingSystemListOfficeKey 1252712
OriginatingSystemModificationTimestamp 2026-07-22T15:09:20.813-00:00
OriginatingSystemName BEACH
OriginatingSystemSubName BEACH_MIAMI
ParcelNumber 3069340000091
Permission IDX
PhotosChangeTimestamp July 22, 2026 at 07:11pm
PhotosCount 26
Possession Close Of Escrow
PossibleUse Commercial
PostalCity Miami
PostalCode 33032
PostalCodePlus4 0000
PreviousListPrice 3300000
PriceChangeTimestamp April 3, 2026 at 11:41pm
PropertySubTypeAdditional Unimproved Land
PublicSurveyTownship 30
RoadFrontageType County Road, Public Road
RoadSurfaceType Paved
Sewer Public Sewer
SignOnPropertyYN 1
SourceSystemID TRESTLE
SourceSystemKey 1155742603
SourceSystemName flexmls
SpecialListingConditions Corporate Listing
StateOrProvince FL
StatusChangeTimestamp March 17, 2026 at 12:00am
StreetDirPrefix SW
StreetName 272
StreetSuffix Street
SubdivisionName HIDDEN GROVE
TaxAnnualAmount 10396
TaxLegalDescription 34 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 0220
TaxYear 2025
UniversalPropertyId US-12025-N-3069340000091-R-N
Utilities Electricity Available, None, Sewer Available, Water Available
Vegetation Grassed, Other, Partially Wooded
VideosChangeTimestamp 2026-07-22T19:11:34.753-00:00
VideosCount 0
WaterSource Other
WaterfrontFeatures Canal Front, None
Zoning 3050