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1515 NW North River Dr, Miami FL 33125

Commercial For Sale
$13,750,000

BTC: 172.95597484

ETH: 5,836.88144975

-$249K (2026/10/09)
232 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 with 36 units per acre per T4-R zoning. One concept envisions the creation of 40 luxury townhomes that take full advantage of the site’s river frontage and lifestyle appeal.

Location

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

Recent sales nearby
30 public-records sales within 0.5 mi
Median actual sale: $280K
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.

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

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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.