- For Sale $23,750,000
- Property Type VacantLand
- Lot Size 1.77 Acre
- Year Built 2025
- Date Updated May 15, 2026
Description
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.
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Contacts
RE/MAX 360 Real Estate
Location
Located at 1543 Northwest South River Drive, Miami, FL 33125, this property is part of the Grapeland Heights neighborhood and Miami market.
RE/MAX 360 Real Estate