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1515 NW North River Dr, Miami FL 33125

Commercial For Sale
$13,999,000

BTC: 215.36923077

ETH: 7,777.22222222

84 days
Waterfront
0 room(s)

Overview

1.77 acres of prime contiguous land along the Miami River, an increasingly rare opportunity in one of Miami’s fastest-growing corridors. With direct waterfront access and approximately 14 existing 50 foot boat slips, this three lot assemblage is ideally positioned for impactful development. Under current T4-R zoning, the property permits multifamily residential construction by right, offering immediate development potential. One concept envisions the creation of 40 luxury townhomes that take full advantage of the site’s river frontage and lifestyle appeal.

Location

Florida • Miami • 33125 • Commercial • For Sale • Waterfront

Details

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
1.77 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$5,725,000
$5.7M – $11.0M
Confidence Low
List vs. estimate
$8.3M above estimate
List $13,999,000 · +144.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
6 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $282K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Waterfront
River
All facts and features

  • Lot

    • Lot: 1.77 Acres

    Other Property Information

    • Parcel Number: 01-31-35-016-0040

    • Zoning: 3900

  • Type and style

    • Property Type: Commercial Land

  • Utility

    • No Utilities

    • None

  • Source details

    • MLS ID: A11979551

    Other facts

    • Lot Features: City Location / 1-2.5 Acres

    • Waterfront: Yes

    • Water Source: Other

    • Lot Size Dimensions: 77101x77101

    • Subdivision Name: GROVE PARK

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33125
203
median $679K
Active
Same city
Miami
12,004
median $650K
Active
Same type
Commercial
1,144
median $1.3M
Active
Similar price
$9.8M – $18.2M
168
median $12.5M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: E. L. S. Realty Corp.