MIAMI RIVER TOWNHOME DEVELOPMENT

Investment Overview

REMAX 360 is pleased to present the opportunity of "Miami River Cove

1543 NW S RIVER DR | 1529 NW S RIVER DR | 1515 NW S RIVER DR | MIAMI, FL 33125 

The property consists of three contiguous lots Approximately 1.77 Acres located directly on the Miami River. The site is currently "site plan" approved for 40 luxury townhomes with 14 fifty-foot existing boat slips.

The investment consists of a redevelopment project for a point of difference in a new modern luxury townhome development with fifty-foot docks on the Miami River. The Miami River is currently booming with mega-developments.

The property is directly across the Miami “River Landing” minutes from the JMH-UM Medical & Employment hub, Miami International Airport, and the Miami Freedom Park Stadium which will host the 2026 FIFA World Cup.

Alternatively, tremendous value could be created by a simple up-zone from T4-R to T4-L.The up-zone in conjunction with The Live Local strategy would allow for approximately 1800

units. This rare site is also not encumbered by the working waterfront restriction prohibiting residential on the river. 

 

Area Overview

LOCATION HIGHLIGHTS:

• Approved Site Plan
• Along Miami River
• Directly across the New "River Landing" project
• Close to some of the hottest riverfront dining and entertainment
• 3 blocks from Miami International Airport
• Possibility to redevelop
• Possibility to upzone and redevelop

Highlights

PROPOSED PROPERTY HIGHLIGHTS

• Redevelopment Potential
• Floors: 3 Living Units: 40
• Year Built: Proposed 2025