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 #:
A11986385
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Residential
Subdivision:
HIDDEN GROVE,Naranja Village
Neighborhood:
hiddengrove
Listed Date:
Mar 17, 2026
Lot Size:
147,363 sqft / 3.38 acres (approx)
WaterfrontCanalfrontHidden GroveHiddengroveHidden Grove,naranja VillageCanal ViewMulti-family,check Land Use Plan
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Schools
Interior
Exterior
Direction Faces
Northeast
Lot Features
City Location, Inside Location, Near School, Other Soil Type, 3 To Less Than 4 Acre Lot, No Misc/Improvements, Other, Street Lights
Located in the HIDDEN GROVE,Naranja Village subdivision, 139XX SW 272 ST Naranja FL is a Single Family for sale in Naranja, 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 listing price for Single Family in Naranja is $3,616,667. To schedule a showing of MLS#a11986385 at 139XX SW 272 ST in Naranja, FL, contact your Julien Drieu agent at 7862380927.
Courtesy of Compass Florida, LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Miami, FL. Detailed information about real estate listings held by brokerage firms other than Julien Drieu include the name of the listing broker. Neither the listing company nor Julien Drieu shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Miami, FL. All rights reserved.
