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 site may qualify for a density increase of up to 84 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.
Listing SummaryAI-generated from listing data
Imagine living in a thriving community with endless opportunities for growth and development, surrounded by the vibrant culture of South Miami-Dade County. This exceptional development site, situated at 139xx SW 272 Street, Naranja, FL 33032, offers a unique chance to invest in the future of the area. With a sprawling 147,233 sq ft lot, the property boasts ample space for a multifamily project, zoned R-Edge within the Naranja Community Urban Center District. The site's allowable FAR of 3.7 and potential for a density increase of up to 90 units under the Live Local Act make it an attractive opportunity for investors and developers. Its convenient location, directly across from a school and with easy access to US1, public transit, the Florida Turnpike, and major commercial corridors, adds to its appeal. The adjacent canal provides a serene buffer and flexibility for site design, making it an ideal location for a variety of projects. As the seller navigates the process of obtaining ASPR approvals for a 66-unit garden-style multifamily project, the possibilities for this site continue to unfold. With its prime location in Naranja, Miami-Dade County, this property offers a rare chance to be a part of the area's growth and development. The site's proximity to major transportation routes and commercial centers makes it an attractive option for those looking to invest in the future of South Miami-Dade County. For those interested in learning more about this exceptional opportunity, Darci Margeson at Homes by Darci invites you to schedule a private showing or ask questions about this incredible development site. With its unique blend of natural beauty, convenient location, and potential for growth, this property is sure to captivate the imagination of investors and developers alike. Reach out to Darci Margeson at Homes by Darci to explore the possibilities of this extraordinary development site. With Darci's expertise and guidance, you can unlock the full potential of this incredible property and make your vision a reality. Schedule a private showing today and discover the endless possibilities that await. Let Darci help you bring your project to life. Ask Darci Margeson at Homes by Darci your questions about this property today. Let Darci be your partner in making this development site a success. Contact Darci Margeson at Homes by Darci to schedule a private showing or ask questions. Darci is ready to help you every step of the way
Facts & Features
37 detailsOverview
- List Price
- $2,950,000
- Lot Size
- 3.38 acres
- Property Type
- Land & Docks
- Sub-Type
- Unimproved Land
- Standout Features
- Canal FrontCity SewerCity WaterNo HOA
Exterior & Construction
- Direction Faces
- Northeast
- Zoning
- 3050
- Lot Features
- OtherStreet Lights
- View
- Canal
Waterfront & Boating
- Waterfront
- Yes
Utilities & Green Energy
- Utilities
- Electricity AvailableSewer AvailableWater AvailableNone
- Water Source
- Public
- Sewer
- Public Sewer
Location & Schools
- Address
- 139xx SW 272 Street, Naranja, FL 33032
- City
- Naranja
- County
- Miami-Dade
- Zip Code
- 33032
- Subdivision
- HIDDEN GROVE
- Elementary School
- Dr. William A. Chapman
- Middle School
- Redland
- High School
- Homestead
- State
- FL
Financial & Tax
- Annual Tax
- $10,396
- Parcel Number
- 3069340000091
Listing & MLS
- MLS #
- A11986385
- Listing Agent
- Laura Kefalidis
- Listing Office
- Compass Florida, LLC
- Listing Updated
- Jul 22, 2026
Additional Details
- Lot Size Square Feet
- 147,363
- Lot Size Dimensions
- 3.38
- Current Use
- Check Land Use PlanResidentialUnimproved
- Directions
- South Dixie Hwy to SW 272 ST, turn right to SW 140 AV. Site is located next to the elementary school.
- Postal Code Plus4
- 0000
- Mls Area Major
- 2690
- Photos Count
- 12
- Property Type Label
- Land & Docks
- Permit Internet
- Yes
Monthly Cost
Estimated with 20% down ($590,000), 30-yr fixed at 6.5%
- Principal & interest
- $14,917
- Property taxes
- $866
- Home insurance
- $1,475
Estimate only — not a loan offer or pre-approval. Taxes from the latest county tax bill; insurance estimated at 0.6% of price per year.
Price & Status History
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History shown as reported by BeachesMLS. Information deemed reliable but not guaranteed.
Schools
Elementary
Dr. William A. Chapman
Middle / Jr High
Redland
High School
Homestead
School assignments can change — verify enrollment eligibility directly with the school district.
Location & Flood Zones
139xx SW 272 Street, Naranja, FL 33032
Naranja, FL 33032
HIDDEN GROVE
Listed by
Laura Kefalidis
Compass Florida, LLC
MLS #A11986385. Information deemed reliable but not guaranteed. Listing information last updated Jul 22, 2026.
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- Principal & interest
- $14,917
- Property taxes
- $866
- Home insurance
- $1,475
- Loan amount
- $2,360,000
Taxes based on the latest county tax bill ($10,396/yr). Insurance estimated at 0.6% of price per year. Estimate only — not a loan offer or pre-approval.