GROVE PARK
1515 NW North River Dr, Miami FL 33125
$13,999,000
Est. Payment $74,509/mo
37
Days on Market
Description
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. One concept envisions the creation of 40 luxury townhomes that take full advantage of the site’s river frontage and lifestyle appeal.
Facts
- MLS#
- A11979551
- Subdivision
- GROVE PARK
- Property Type
- Commercial Land
- Property Sub Type
- —
- Year Built
- —
- Lot Size
- 77,101 ft²
- Sq. Ft.
- —
- Sq. Mt.
- —
- Price per sq. ft.
- —
- Price per sq. mt.
- —
- Stories
- —
- Garage
- —
- Pool
- —
- Days on Market
- 37 days
- Listed
- Mar 9, 2026
- Last Updated
- May 14, 2026
- Price/Lot Sq.Ft.
- $182/ft²
Comparable homes
Same ZIP, similar price + bedrooms.
Market insights for Miami
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
May 2026
45
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 3/9/2026 | Listed for sale | $13,999,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
The Montessori Academy At St John'sPK,KG,1,2,3 · private · 0.3 mi
Temple Beth Sholom Innovative SchoolPK,KG,1,2,3,4 · private · 0.7 mi
Temple Beth Sholom Innovative SchoolPK,TK,KG,1 · private · 0.7 mi
Nautilus Middle School6,7,8 · public · 0.7 mi
North Beach Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.7 mi
Casa Dei Bambini Montessori SchoolUG · private · 0.8 mi
Casa dei Bambini Montessori SchoolPK,KG,1,2,3,4 · private · 0.9 mi
St Patrick Elementary SchoolKG,1,2,3,4,5,6,7,8 · private · 0.9 mi
Mesivta of Greater Miami7,8,9,10,11,12 · private · 0.9 mi
Tree of Knowledge7,8,9,10,11,12 · private · 1.0 mi
Estimated Monthly Payment
$86,324/mo
Principal & Interest
$74,509
Property Tax
$11,666
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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