MELROSE HEIGHTS 5TH SEC

3464 NW North River Dr, Miami FL 33142

For Sale · Active Listing

$12,000,000

Est. Payment $63,869/mo

MLS Sheet Video

2

Days on Market

Description

3460–3464 NW North River Drive offers a unique opportunity to acquire approximately 112,750 SF of heavy industrial waterfront property in the heart of Miami’s urban core. Comprised of both folios combined, this ±2.4-acre assemblage is strategically positioned directly on the Miami River and features approximately ±440 linear feet of dockage with an existing ramp, making it ideal for marine industrial, logistics, shipping, manufacturing, distribution, or redevelopment users seeking direct water access. Zoned IU-2 Industrial Districts – Heavy Manufacturing, the property allows for a wide range of intensive industrial uses rarely available this close to Downtown Miami. Utilities are already on site, and the property’s layout provides flexibility for owner-users, investors, or maritime operators looking to establish a presence along one of South Florida’s most active industrial waterways. The property offers exceptional connectivity with immediate access to State Road 836, I-95, and other major transportation corridors. Conveniently located east of Miami International Airport and near the iconic Magic City Casino, the site is centrally located near Downtown Miami, the Health District, and the Port of Miami. Industrial waterfront properties with heavy manufacturing zoning and substantial dockage are increasingly scarce in Miami.

Facts

MLS#
A12020461
Subdivision
MELROSE HEIGHTS 5TH SEC
Property Type
Commercial Land
Property Sub Type
Year Built
Lot Size
112,385 ft²
Sq. Ft.
Sq. Mt.
Price per sq. ft.
Price per sq. mt.
Stories
Garage
Pool
Days on Market
2 days
Listed
May 15, 2026
Last Updated
May 17, 2026
Price/Lot Sq.Ft.
$107/ft²

Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

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).

5/15/2026Listed for sale$12,000,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

3464 NW North River Dr, Miami FL 33142Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$74,019/mo

Principal & Interest

$63,869

Property Tax

$10,000

Insurance

$150

HOA

$0

20% ($2,400,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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 12 hours ago

Similar listings nearby

More homes in Miami around $12,000,000.

Call NowWhatsApp