1515 River Drive, Miami, FL 33125

$13,750,000 — Active

Property Features

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1.77 acres of prime contiguous land along the Miami River, an increasingly rare opportunity in one of Miami’s fastest-growing corridors. With direct waterfront access and approximately 14 existing 50 foot boat slips, this three lot assemblage is ideally positioned for impactful development.Under current T4-R zoning, the property permits multifamily residential construction by right, offering immediate development potential with 36 units per acre per T4-R zoning. One concept envisions the creation of 40 luxury townhomes that take full advantage of the site’s river frontage and lifestyle appeal.

▼ Price Reduced β€” originally listed at $13,999,000

Property Details

  • Listing ID: A11979551
  • Status: Active
  • Listing Date: 2026-03-09
  • Property Type: Unimproved Land
  • Subdivision: GROVE PARK
  • County: Miami-Dade
  • MLS Area: 2310
  • Bedrooms: 0
  • Full Bathrooms: 0
  • Living Area Sq Ft: N/A
  • Lot Dimensions: 77101

Financial

  • List Price: $13,750,000
  • Original List Price: $13,999,000
  • HOA Fee: None
  • Taxes: N/A

Features & Amenities

Courtesy of E. L. S. Realty Corp.

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RAPB

© 2026 Starfish Real Estate. Listings updated Nov 8, 2026 5:00 am. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.