139XX SW 272 St, Naranja, FL 33032
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
Listed by: laura kefalidis
Office: compass florida, llc.305-697-2904
MLS#:A11986385
Source:SEFMLS
Price summary
- Price:$2,950,000
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 Live Local Act, the site may qualify for a density increase of up to 90 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.
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Home facts
- Listing ID #:A11986385
- Updated:June 30, 2026 at 10:03 AM
Structure and exterior
- Lot area:3.38 Acres
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$2,950,000
- Tax amount:$10,396 (2025)
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