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Miami River Townhome Development 1543 Northwest South River Drive, Miami, FL 33125
Property 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.
Area Description
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
Full Address: 1543 Northwest South River Drive, Miami, FL 33125
Listing Type: FOR SALE
Status: Active
Zoning: T4-R
Region: S-SE
County: Miami-Dade County
Use Type: Multifamily
Property ID: 4044376
Parcel Num: 3
Year Built: 2025
PROPOSED PROPERTY HIGHLIGHTS