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Riverfront Development Site on Miami River
For Sale
$8,495,000

1871 NW North River Dr, Miami, FL 33125

Waterfront land with development potential in the heart of Miami.

Property Size8,410 SF
Lot Size1.27 Acres
Price / SF$1,010
Days on Market179

Property Features for 1871 NW North River Dr

General Information

Standard status Active
Size 8,410 SF
Lot size 1.27 Acres

Building Details

Year Built 1961
Listing Agency: London Foster Realty
Listed By: Lilibeth Toussaint · License #3385482
Source: Thepennteam
Added: Mar 26 Changed: Sep 18 Last Checked: Sep 20 at 10:53AM

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 London Foster Realty

Investment Insights

Based on property information with market context.

This riverfront development site is located at the widest cove on the Miami River, offering 436 feet of frontage on N River Dr. Situated directly across from Hurricane Cove and River Cove Marinas, the property is 2.6 miles inland from the mouth of the Miami River, providing boaters with access to marinas and services. The site encompasses 1.27 acres and has the potential to acquire remaining lots. This corner site is accessible via three streets: N River Dr, NW 15th St, and 19th Ave. Located at the southern border of Allapattah, the site is in the heart of the City of Miami, 4.8 miles from Miami International Airport and 3.7 miles from Brickell City Centre. The property is in a suburban enclave with access to SR-836 and I-95. It is within walking distance of the new River-Landing Development, Miami Health District, and Civic Center.

Key Highlights

  • 436ft of River Frontage on the Widest Cove of the Miami River
  • 1.27 Acre Development Site with Potential to Acquire Remaining Lots
  • Prime Location: Heart of Miami, Accessible via Three Streets (N RIVER DR, NW 15TH ST & 19TH AVE)

Property Analytics

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Current Use

Waterfront Land

Suggested Use

Top Pick Real Estate Agency Carpet & Flooring Store Tanning Salon (Bike/Boat/Book/etc) Store Pet Grooming Service Buffet

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

4,549
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Waterfront land with development potential in the heart of Miami.
Where is this waterfront land located?
The property is located at 1871 NW North River Dr Miami, FL.
What is the asking price?
The asking price for this property is $8,495,000.
What are key features of this property?
This property features: 436ft of River Frontage on the Widest Cove of the Miami River; 1.27 Acre Development Site with Potential to Acquire Remaining Lots; Prime Location: Heart of Miami, Accessible via Three Streets (N RIVER DR, NW 15TH ST & 19TH AVE)
More about this property
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