442-490 NW South River Dr 25,956 SF 100% Leased Industrial Building Miami, FL 33128 $14,850,000 ($572.12/SF)

South River Station offers a rare covered land assemblage along the Miami River, one of the city’s most dynamic development corridors. Spanning 30,094 square feet across two contiguous parcels, this site combines immediate income potential with transformative redevelopment upside. Existing improvements include 16,913 square feet of warehouse space, providing interim cash flow while entitlements are pursued.
Positioned within minutes of Downtown Miami, Brickell’s Financial District, and the Health District, the property boasts exceptional connectivity via I-95, SR-836, and SR-112. Its river frontage enhances long-term value, aligning with the surge of mixed-use, residential, and hospitality projects redefining the Miami River corridor.
Zoned T5-L under Miami 21, the site supports a flexible mix of uses, including multifamily, retail, office, and marine-oriented operations. The Florida Live Local Act further amplifies development potential, enabling significant height and density bonuses, streamlined approvals, and tax incentives for qualifying projects. This legislation creates a clear path for large-scale mixed-use development, positioning South River Station as a premier opportunity for investors seeking scale in one of Miami’s fastest-growing urban submarkets.
With strong supply-demand fundamentals, proximity to major employment hubs, and access to cultural destinations like Wynwood and Little Havana, South River Station represents a stra