$2,950,000
↓ Reduced 11%139XX SW 272 ST, Naranja FL 33032
Naranja, FL, 33032
- Lot Size
- 3.38 acres
- Property Type
- Residential
- Annual Taxes
- $10,396/yr
- MLS #
- A11986385
Listing courtesy of Compass Florida, LLC · 305-697-2904
Listed by Laura Kefalidis
Last updated: Jul 22, 2026
Overview
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.
Features
Waterfront
View
est.$15,783/mo
Est. payment based on a $2,950,000 home price.
Estimate includes principal & interest, property tax and HOA where known — it excludes insurance, PMI, flood/wind, CDD and special assessments. For information only; actual amounts vary.
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