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Miami River Ground Lease Opportunity
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3066 Northwest South River Drive, Miami, FL 33142

Rare ground lease opportunity in Miami's growing urban corridor.

Property Size7,850 SF
Lot Size0.79 Acres
Days on Market73

Property Features for 3066 Northwest South River Drive

General Information

Standard status Active
Size 7,850 SF
Lot size 0.79 Acres
Property subtype Retail, Land, Restaurant
Listing Agency: Bravo & Partners Realty, Inc
Listed By: Luis Gonzalez · License #3412494
Source: Crexi
Added: May 19 Changed: Jul 10 Last Checked: Jul 29 at 4:54PM

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 Bravo & Partners Realty, Inc

Investment Insights

Based on property information with market context.

Located at 3066 NW S River Dr, Miami, FL, this rare ground lease opportunity consists of approximately 34,596 square feet (0.79 acres). It includes an existing 7,850 square foot building that can be utilized or redeveloped based on tenant requirements. Positioned along one of Miami’s fastest-growing urban corridors, the site provides accessibility to Brickell, Downtown Miami, the Health District, Miami International Airport, and major transportation routes. The surrounding area is experiencing residential, hospitality, and mixed-use growth, making this a unique opportunity within the evolving Miami River market. The property is suitable for commercial land, retail, restaurants, and other commercial real estate purposes.

Key Highlights

  • Rare Miami River ground lease opportunity.
  • Located in a fast‑growing urban corridor with excellent accessibility to key areas like Brickell, Downtown, and the Airport.
  • Redevelopment potential on a ±34,596 SF (0.79 acres) site.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Restaurant Pharmacy

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,674
Businesses Nearby

Demographics for 33142, FL

55,425
Population
22,275
Households
2.5
Avg Household Size
39
Median Age
13%
College-Educated
69%
High-School Grad
10.9 sq mi
ZIP Area
5,085
Density / Sq Mi
$37,900
Median Household Income
$29,109
Median Earnings
$1,289
Median Rent
$298,000
Median Home Value

Market

Vacancy Rate% for Retail in Miami, FL

3.5% 2019
4.3% 2020
3.3% 2021
2.9% 2022
3.1% 2023
2% 2024
2.7% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Rare ground lease opportunity in Miami's growing urban corridor.
Where is this commercial land located?
The property is located at 3066 Northwest South River Drive Miami, FL.
What are key features of this property?
This property features: Rare Miami River ground lease opportunity.; Located in a fast‑growing urban corridor with excellent accessibility to key areas like Brickell, Downtown, and the Airport.; Redevelopment potential on a ±34,596 SF (0.79 acres) site.
More about this property
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