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1515 N River Drive, Miami, FL 33125 (MLS# A11979551)

1515 N River Drive, Miami, FL 33125

$14,999,000
Property Type: Land & Docks Lot Size (sq. ft.): 45,723 Status: Active
Current Price: $14,999,000 List Date: 3/09/2026 Last Modified: 6/14/2026

Overview

Description

1.77 acres of prime contiguous land along the Miami River, an increasingly rare opportunity in one of Miami’s fastest-growing corridors. With direct waterfront access and approximately 14 existing 50 foot boat slips, this three lot assemblage is ideally positioned for impactful development.Under current T4-R zoning, the property permits multifamily residential construction by right, offering immediate development potential. One concept envisions the creation of 40 luxury townhomes that take full advantage of the site’s river frontage and lifestyle appeal.

Listing Details MLS# A11979551

General Property Information

Property Sub Type
Unimproved Land
Lot Size Acres
1.77
Lot Size Square Feet
45723
Lot Size Dimensions
77101
Lot Depth
77101
Waterfront YN
Yes
Lot Frontage
77101
LP/SqFt
328.04

Property Features

Comprehensive Plan Use: Other Current Use: Multi-Family; Unimproved Environmental Audit: Unknown Location of Property: City Location Possession: Other Special Information: City Jurisdiction Utilities: Sewer Not Available; None Road Frontage Type: Public Road Water Access: Other Water Source: Other Waterfront Features: River Front Showing Requirements: Call Listing Agent Acreage Description: 1 To Less Than 2 Acre Lot; 2 To Less Than 3 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
13999000
LP/Acre
8474011.3
LP/Frontage
194.54

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
1515
Street Direction Prefix
N
Street Name
River
Street Suffix
Drive
City Name
Miami
Municipal Code
Yes
State Or Province
FL
Postal Code
33125
Postal Code +4
2633
Postal Zip
33125
Subdivision Name
GROVE PARK
Area
2310
Elementary School
Paul Laurence Dunbar K-8
Middle Or Junior School
Citrus Grove
High School
Booker T. Washington
Parcel Number
0131350160040
Subdivision Number
16
Zoning
3900
Flood Zone
AE,X

Financial Information

Tax Year
2026
Tax Legal Description
GROVE PARK PB 5-66 LOTS 4 THRU 6 BLK 1 LESS PORT OF LOT 4 BEG SE COR OF LOT 4 TH N 00 DEG W 112.49FT N 71 DEG W 0.35FT S 00 DEG E 112.50FT S

Status Change Information

Major Change Timestamp
2026-06-12T16:51:48Z
Major Change Type
Price Change
Price Change Timestamp
2026-06-12T16:51:48Z
Status Change Date
2026-05-14

More Information

Price Calculations

Current Price To SqFt
194.53

Section Details

Parcel Number MLX
0040

Originating Details

Originating System Key
438801136
Originating System ID
M00000151

Office/Member Information

DXORIGMLSID
SEF

Comprehensive Plan Use

Other
Yes

Current Use

Multi-Family
Yes
Unimproved
Yes

Environmental Audit

Unknown
Yes

Location of Property

City Location
Yes

Possession

Other
Yes

Special Information

City Jurisdiction
Yes

Utilities

Sewer Not Available
Yes
None
Yes

Water Access

Other
Yes

Road Frontage Type

Public Road
Yes

Water Source

Other
Yes

Waterfront Features

River Front
Yes

Income and Expenses

Inc/Exp Statement Period
No

Showing Requirements

Call Listing Agent
Yes

Acreage Description

1 To Less Than 2 Acre Lot
Yes
2 To Less Than 3 Acre Lot
Yes
Listing Office: E. L. S. Realty Corp.
IDX
Last Updated: June - 14 - 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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