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3066 NW River Dr, Miami FL 33142

Commercial For Sale
$15,000,000

BTC: 233.68267855

ETH: 8,508.51418653

36 days
Waterfront
0 room(s)

Overview

Rare Miami River redevelopment opportunity located at 3066 NW S River Dr, Miami, FL 33142. The property consists of approximately 34,596 SF (0.79 acres) with an existing ±7,850 SF building. Current zoning allows up to 250 units per acre, supporting approximately 197 residential units with potential for up to a 16-story development. Existing improvements can be utilized or redeveloped for multifamily, mixed-use, hospitality, restaurant, entertainment, or owner-user use. Strategically positioned along the rapidly transforming Miami River corridor with close proximity to Brickell, Downtown Miami, Wynwood, the Health District, Miami International Airport, and major highways. The Miami River continues to emerge as one of Miami’s premier waterfront destinations with substantial residential, hospitality, and commercial growth throughout the area. Excellent opportunity for developers, investors, restaurant operators, or owner-users seeking a prime riverfront location in one of Miami’s fastest-growing urban corridors. Offered for sale at $15,000,000 and for lease at $450,000 NNN.

Location

Details

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

Valuation

Our model vs. what's actually selling nearby.
Estimate
$4,500,000
$2.8M – $11.1M
Confidence Low
List vs. estimate
$10.5M above estimate
List $15,000,000 · +233.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $455K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$35,726
2025
View
River View
Waterfront
Ocean Access, River
All facts and features
  • Lot

    • Lot: 0.79 Acres

    Other Property Information

    • Parcel Number: 30-31-28-000-0080

    • Zoning: 6117

  • Type and style

    • Property Type: Commercial Land

  • Utility

    • Electricity Connected

    • Sewer Connected

    • Water Connected

    • Electricity Available

    • Natural Gas Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $35,726

  • Source details

    • MLS ID: A12020456

    Other facts

    • Lot Features: Other Location / Shopping Center / Urban Area Development / Less Than 1 Acre

    • Waterfront: Yes

    • Water Source: Municipal Water

    • Lot Size Dimensions: 166x205

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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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: Bravo & Partners Realty