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1871 NW North River Dr, Miami FL 33125

Commercial For Sale
$8,495,000

BTC: 107.79090316

ETH: 3,468.76276031

New
0 room(s)

Overview

Miami River front location offering 436 ft. frontage on North River Drive. Property features a 26,57 Sq. Ft. lot, with a 8,410 Sq. Ft. commercial building. This property has been approved for a liquor establishment, its is an ideal location for a Restaurant, Bar or Lounge. Located directly across from River Cove Marina, which will be converting to a Luxury yacht marina. The property is 1.5 miles inland from the mouth of the Miami River. Recognize the amazing tide of change coming to Allappattah, with billions in new development planned. Major retailers, up and coming luxury residential and commercial developments will lead to a vibrant new River District. This riverfront site offers a unique opportunity to be part of the new Miami.

Location

Florida • Miami • 33125 • Commercial • For Sale

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1961
Lot:
26799 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
Central Building A/C / Central Individual A/C
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$3,397,500
$731K – $5.8M
Confidence Low
List vs. estimate
$5.1M above estimate
List $8,495,000 · +150.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
8 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $350K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.
All facts and features

  • Flooring

    • Carpet

    • Concrete

    Cooling

    • Central Building A/C

    • Central Individual A/C

  • Lot

    • Lot: 26799 Square Feet

    Other Property Information

    • Parcel Number: 01-31-34-017-0130

    • Zoning: 4801

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Mixed Use

  • Source details

    • MLS ID: A12080205

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: City Location / Near Airport / Near Seaport

    • Water Source: Public

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
209
median $666K
Active
Same city
Miami
12,279
median $640K
Active
Same type
Commercial
1,197
median $1.2M
Active
Similar price
$5.9M – $11.0M
317
median $7.8M
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: London Foster Realty