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1884 NW 15th St - Development Site - River Dr 0.38 Acres of Commercial Land Offered at $1,890,000 in Miami, FL 33125
Investment Highlights
- Miami River Adjacent
- Core Miami Market Minutes from Brickell
- Rare Continuous Assemblage
Executive Summary
Positioned at the epicenter of Miami’s most transformative waterfront corridor, the 1884 NW N River Dr. represents a rare
opportunity to secure a hard-corner riverfront site in a submarket poised for exponential growth. Spanning 16,437 square feet this property sits directly along the Miami River — a corridor undergoing over $1 billion in large-scale, mixed-use, and
luxury residential development.
With the unique advantages of D1 zoning the property offers endless uses from residential, commercial, office, retail, mixed use and now of Live Local (SB102) legislation, the site benefits from as-of-right approvals for approximately 82 residential
units over 12 stories, providing a streamlined path to vertical development. Surrounded by catalytic projects such as River Landing, Miami
Riverbridge by Hyatt/Gencom, One River Point, and The Chetrit Group’s Miami River mega-project, this location offers immediate connectivity
to the Health District, Downtown, Brickell, and Miami International Airport, while capturing the rising demand for waterfront living, retail,
and lifestyle destinations. The property currently has one updated two story office building with recent 40 year cert, and two duplex offering an additonal covered land play.
opportunity to secure a hard-corner riverfront site in a submarket poised for exponential growth. Spanning 16,437 square feet this property sits directly along the Miami River — a corridor undergoing over $1 billion in large-scale, mixed-use, and
luxury residential development.
With the unique advantages of D1 zoning the property offers endless uses from residential, commercial, office, retail, mixed use and now of Live Local (SB102) legislation, the site benefits from as-of-right approvals for approximately 82 residential
units over 12 stories, providing a streamlined path to vertical development. Surrounded by catalytic projects such as River Landing, Miami
Riverbridge by Hyatt/Gencom, One River Point, and The Chetrit Group’s Miami River mega-project, this location offers immediate connectivity
to the Health District, Downtown, Brickell, and Miami International Airport, while capturing the rising demand for waterfront living, retail,
and lifestyle destinations. The property currently has one updated two story office building with recent 40 year cert, and two duplex offering an additonal covered land play.
Property Facts
1 Lot Available
Lot 1
| Price | $1,890,000 | Lot Size | 0.38 AC |
| Price Per AC | $5,008,718.88 |
| Price | $1,890,000 |
| Price Per AC | $5,008,718.88 |
| Lot Size | 0.38 AC |
Folio:01-3134-015-0750, Lot Size 16,437 Sq.Ft, zoning D1, current use office Adjusted Area 2,741 Sq.Ft. With SB102 (live Local) would allow approximately 82 units. As of right use are commercial, industrial, office, and residential
Property Taxes
| Parcel Number | 01-3134-015-0750 | Improvements Assessment | $229,669 |
| Land Assessment | $591,732 | Total Assessment | $821,401 |
Property Taxes
Parcel Number
01-3134-015-0750
Land Assessment
$591,732
Improvements Assessment
$229,669
Total Assessment
$821,401
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1884 NW 15th St - Development Site - River Dr
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