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Miami River Waterfront Development Opportunity
For Sale
Contact for pricing
Pending

1515-1543 NW S River Dr, Miami, FL 33125

1.77 acres of prime land with waterfront access.

Property SizeContact for details
Lot Size1.77 Acres
Days on Market381

Property Features for 1515-1543 NW S River Dr

General Information

Standard status Pending
Lot size 1.77 Acres
Property subtype Land
Zoning T4-R
Listing Agency: Porosoff Group
Listed By: Arthur Porosoff · License #3160379
Source: Crexi
Added: Jul 29, 2025 Changed: Aug 8 Last Checked: Aug 8 at 12:02PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Porosoff Group

Investment Insights

Based on property information with market context.

This offering consists of 1.77 acres of contiguous land situated along the Miami River. The property includes approximately 14 existing 50-foot boat slips and direct waterfront access. The three-lot assemblage is zoned T4-R, permitting multifamily residential construction. A concept envisions the creation of 40 luxury townhomes. Rezoning to a minimum of T4-L, combined with Florida’s Live Local Act, could potentially allow for the construction of approximately 1,800 units. The property is not restricted by the "working waterfront" prohibition. The site is located near River Landing, the UM Jackson Medical District, Miami International Airport, and the upcoming Miami Freedom Park Stadium. This land provides an opportunity to shape the future of the Miami River, whether for a residential enclave or a high-density urban hub.

Key Highlights

  • 1.77 acres of prime, contiguous land on the Miami River, a rare opportunity.
  • Direct waterfront access with approximately 14 existing 50‑foot boat slips.
  • Zoned T4‑R, permitting multifamily residential construction by right.

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Pharmacy Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

593
Businesses Nearby

Demographics for 33125, FL

53,507
Population
22,496
Households
2.4
Avg Household Size
43
Median Age
22%
College-Educated
69%
High-School Grad
3.9 sq mi
ZIP Area
13,720
Density / Sq Mi
$40,940
Median Household Income
$30,648
Median Earnings
$1,427
Median Rent
$377,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - 1.77 acres of prime land with waterfront access.
Where is this waterfront land located?
The property is located at 1515-1543 NW S River Dr Miami, FL.
What is the asking price?
The asking price for this property is $18,000,000.
What are key features of this property?
This property features: 1.77 acres of prime, contiguous land on the Miami River, a rare opportunity.; Direct waterfront access with approximately 14 existing 50‑foot boat slips.; Zoned T4‑R, permitting multifamily residential construction by right.
(305) 209-8866 Call to check price and availability
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