$11,500,000
Miami, FL 33142
MLS# A11330551
Status: Closed
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Property Description
The offering is a rare opportunity to own irreplaceable property with ±750’ of sea wall frontage on the iconic Miami River. A prime Development Opportunity ideally located on S. River Drive. This vacant parcel totals 4.05 acres and is ready for development. The subject is currently zoned Palmer Lake Metropolitan Urban Center (PLMUC) and allows for a wide variety of industrial uses, recreational boat storage, marinas, product processing and wholesale, and vessel sales. Additional uses may include Mixed-Use, Residential, Hotel and Industrial. Zoned located in Unincorporated Miami-Dade County. This property is across the street from the Miami River and boarded to the west by Palmer Lake a retention lake that connects to Miami River.The property is situated on the south bank of the Miami River
Details
Documents
Contract Information
Comp Sale YN: No
Listing Date: 2023-01-24
Status: Closed
Original List Price: 11500000
Sold Price: $11,500,000
Current Price: $11,500,000
LP/Acre: 2839506.17
Location and Legal
Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Name: .
City Name: Miami
Municipal Code: 30
State Or Province: FL
Postal Code: 33142
Postal Code +4: 0000
Postal Zip: 33142
Subdivision Name: AIR MARINE TERMINALS
Area: 2310
Parcel Number: 3031280280040
Subdivision Number: 28
Zoning: 6118
Flood Zone: AE
General Property Information
Property Sub Type: Unimproved Land
Lot Size Acres: 4.05
Lot Size Square Feet: 176418
Lot Size Dimensions: 176418
Waterfront YN: 1
LP/SqFt: 65.19
Status Change Information
Major Change Timestamp: 2024-04-04T22:24:20Z
Major Change Type: Status Change
Status Change Date: 2024-04-04
Under Contract Date: 2023-04-20
Close Date: 2024-04-04
Close Price: 11500000
Buyer Financing: Cash
SP/Acre: 2839506.17
Buyer Details
Intended Use: Unknown/Withheld
Concessions
Seller Concessions: No
Section Details
Parcel Number MLX: 0040
Financial Information
Tax Year: 2022
Tax Annual Amount: 103612
Tax Legal Description: AIR MARINE TERMINALS PB 111-81 4.05 AC M/L TR D LOT SIZE 176418 SQ FT
Originating Details
Originating System Key: 378036599
Originating System ID: M00000151
Property Features
Comprehensive Plan Use: Industrial; Other
Current Use: Industrial; Warehouse; Other
Environmental Audit: Unknown
Location of Property: Near Airport; Near Industrial Park
Possession: Negotiable
Special Information: City Jurisdiction
Utilities: Sewer Available; Other
Road Frontage Type: Public Road
Water Access: None
Water Source: Other
Waterfront Features: Lake Front; Other
Showing Requirements: Call Listing Agent
Contingencies: None
Acreage Description: 2 To Less Than 3 Acre Lot; 3 To Less Than 4 Acre Lot; 4 To Less Than 5 Acre Lot
OM 
Listing Office: One Sotheby's International Realty
Last Updated: June - 09 - 2026
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