1515 N River Drive, Miami, FL 33125

$14,999,000

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List Price
$14,999,000
Status
ACTIVE
Days on Market
142
MLS#
A11979551
Subtype
Land
Lot Size
45,723
Acres
1.77
Subdivision
Grove Park
MLS Area Major
2310

Property Description

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.

Additional Information

Elementary School
Paul Laurence Dunbar K-8
Middle School
Citrus Grove
High School
Booker T. Washington

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Listing courtesy of E. L. S. Realty Corp.. Contact:

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Edward L Schmidt | Email: eschmidt@naimiami.com