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Pinnacle Real Estate Group – FL

SW 272 Street, Miami, FL 33032 (MLS# A11988245)

SW 272 Street, Miami, FL 33032

$2,950,000
Property Type: Land & Docks Lot Size (sq. ft.): 147,363 Status: Active
Current Price: $2,950,000 List Date: 3/17/2026 Last Modified: 7/22/2026

Overview

Description

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 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 Details MLS# A11988245

General Property Information

Property Sub Type
Unimproved Land
Number Of Lots
3
Lot Size Acres
3.38
Lot Size Square Feet
147363
Lot Size Dimensions
3.38
Lot Depth
1086
Additional Parcels YN
Yes
Additional Parcels Description
3rd Parcel ID 30-6934-0140-0010, 2nd Parcel ID 30-6934-000-0015
Property Description
Development site
Waterfront YN
Yes
Lot Frontage
320
LP/SqFt
20.02

Property Features

Comprehensive Plan Use: Suburban Current Use: Commercial; Unimproved Documents Available: Engineering Study; Other Available Information; Survey Environmental Audit: Phase 1 Location of Property: County Location; Near School Possession: Close Of Escrow Possible Use: Commercial Sewer: Public Sewer Soil Type: Other Special Information: County Jurisdiction; Plan Approval Required; Corporate Owned Trees: Partial Tree Coverage; Other Utilities: Electricity Available; Sewer Available; Water Available; None Vegetation: Grassed; Other Listing Terms: Cash; Conventional Road Frontage Type: County Road; Public Road Road Surface Type: Paved Traffic Type: Medium Rail Description: No Rail Service Water Access: None Water Source: Other Waterfront Features: Canal Front Showing Requirements: No Appointment; Sign On Property Acreage Description: 2 To Less Than 3 Acre Lot; 3 To Less Than 4 Acre Lot; 4 To Less Than 5 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
3300000
LP/Acre
872781.07
LP/Frontage
9218.75

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Direction Prefix
SW
Street Name
272
Street Suffix
Street
City Name
Miami
Municipal Code
30
State Or Province
FL
Postal Code
33032
Postal Code +4
0000
Postal Zip
33032
Subdivision Name
HIDDEN GROVE
Area
2690
Elementary School
Mandarin Lakes K-8 Academy
Middle Or Junior School
Cutler Bay Middle
High School
Homestead
Parcel Number
3069340000091
Zoning
3050
Flood Zone
AH,X
Directions
South Dixie Highway to SW 272 Street, turn East to SW 142 AV. Site located next to the elementary school

Financial Information

Tax Year
2025
Tax Annual Amount
10396
Tax Legal Description
34 56 39 1.074 AC BEG SW COR OF SW1/4 OF SE1/4 OF NE1/4 TH N331.52FT SELY435.47FT W282.50FT TO POB F/A/U 30-6934-000-0090 OR 22070-0904 0220

Status Change Information

Major Change Timestamp
2026-04-04T03:41:18Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-04-04T03:41:18Z
Status Change Date
2026-03-23

More Information

Price Calculations

Current Price To SqFt
20.03

Section Details

Parcel Number MLX
0091

Originating Details

Originating System Key
445262709
Originating System ID
M00000151
IDX
Listing Office: Compass Florida, LLC
Source MLS Verified
Last Updated: July - 22 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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