139XX SW 272 St, Naranja, FL 33032

Naranja
Local realty services provided by:First Service Realty ERA Powered
139XX SW 272 St,Naranja, FL 33032
$2,950,000
Virtual Tour
  • 3.38 Acres
  • Lots / Land
  • Active
Listed by: laura kefalidis
Office: compass florida, llc.305-697-2904
MLS#:A11986385
Source:SEFMLS

Price summary

  • Price:$2,950,000

About this home

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.

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Home facts

  • Listing ID #:A11986385
  • Updated:May 10, 2026 at 09:54 AM

Structure and exterior

  • Lot area:3.38 Acres

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$2,950,000
  • Tax amount:$10,396 (2025)
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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