700 North River Dr Miami, FL 33136
- Commercial real estate
- 3,273 SF
Current Use by Public Records
- Commercial real estate
Property Details for 700 North River Dr
- Year built
- 1949
- Property size
- 3,273 SF
- Property type
- Commercial real estate
Description
Exceptional waterfront assemblage in Miami's River District, spanning 27,892 square feet with 360 feet of direct river frontage. This prime site, located at 700 NW North River Drive, Miami, FL 33136, presents a remarkable investment opportunity for boutique condo or townhouse development. The property's 3,273 square foot existing structure was built in 1949 and is currently listed at $5,000,000. Its strategic location offers unmatched convenience, situated near Downtown Miami, Brickell, and Wynwood, capitalizing on Miami's thriving real estate market and high demand for waterfront living. The Miami River access adds significant value, enhancing the property's appeal to developers seeking to create a luxurious residential project. This is a rare chance to acquire a substantial waterfront parcel in a rapidly transforming neighborhood, promising significant returns for the discerning investor. The property's size and location make it ideal for a high-end development catering to Miami's affluent population. Further details are available upon request.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.2093
- Latitude
- 25.7805
