Commercial property in Miami, Florida № 1984675

Property description

Positioned at the epicenter of Miami’s most transformative waterfront corridor, the 1884, 1878,1870 NW N River Dr. assemblage represents a rare opportunity to secure a hard-corner riverfront site in a submarket poised for exponential growth. Spanning 28,587 square feet across three contiguous parcels, 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 and T3 O 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 124 residential units over 12 stories, providing a streamlined path to vertical development. The property currently has one updated two story office building with recent 40 year cert, and two duplex offering an additonal covered land play.