Coconut Grove New Developments 2026: The Complete Guide to Every New Luxury Project

SW 272 ST
Miami, FL, 33032
$2,950,000
Beds
0 Baths
0 SqFt
3.38 Acres
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MLS #A11988245 image #0
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 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.

Property Details

Price:
$2,950,000
MLS #:
A11988245
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial
Subdivision:
HIDDEN GROVE
Neighborhood:
hiddengrove
Listed Date:
Mar 17, 2026
Lot Size:
147,363 sqft / 3.38 acres (approx)
WaterfrontHidden GroveHiddengroveHidden GroveOther Water ViewUnimproved Business/commercial,unimproved Multi Family (5+units)

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Schools

Interior

Exterior

Building Features
Medium Traffic
Lot Features
County Location, Near School, Other Soil Type, 2.5-5 Acres
View
Other Water View
Waterfront Features
Canal Width 1-80 Feet

Financial

Tax Year
2025
Taxes
$10,396

Map

Community

Subdivisions in Miami

Market Summary

Current real estate data for Single Family in Miami as of Jun 11, 2026
3,511
Single Family Listed
137
Avg DOM
585
Avg $ / SqFt
$1,702,585
Avg List Price

Property Summary

    Located in the HIDDEN GROVE subdivision, SW 272 ST Miami FL is a Single Family for sale in Miami, FL, 33032. It is listed for $2,950,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space.The average price per square foot for Single Family listings in Miami is $585. The average listing price for Single Family in Miami is $1,702,585. To schedule a showing of MLS#a11988245 at SW 272 ST in Miami, FL, contact your Julien Drieu agent at 7862380927.

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