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Property profile & analytics
OFF-MARKET
Commercial real estate

700 North River Dr Miami, FL 33136

3,273 SF Built 1949
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1949
Total area 3,273 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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