$18,000,000

1515 NW North River Dr Miami, FL 33125

Allapattah Neighborhood

Estimated payment $110,237/month

Total Views 178
1.77 Acres
$10,169,492 Price per Acre
77,101 Sq Ft Lot

Highlights

  • Private Dock
  • 1.77 Acre Lot
  • No HOA
  • River Front

About This Lot

The property is currently zoned T4-R, allowing for multifamily residential development by right. The property’s location offers unparalleled connectivity and access to some of Miami’s most significant commercial, medical, and transportation hubs. It is situated just minutes from River Landing, the University of Miami Jackson Medical District, Miami International Airport, and the under-construction Miami Freedom Park Stadium, which is set to host the prestigious 2026 FIFA World Cup. The Miami River has emerged as a dynamic corridor of growth, characterized by large-scale developments. Court-ordered receiver sale. Call for offers 8/20/25. Property includes 1529 and 1543. Go to Riverlandmiami.com for additional information.

Listing Agent

Arden Karson

Karson & CO License #3004310 Listed on: 07/16/2025

Co-Listing Agent

Arthur Porosoff

Compass Florida, LLC. License #3160379

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $126,473

Lot Details

  • 1.77 Acre Lot
  • Lot Dimensions are 296x266
  • River Front
  • Additional Parcels
  • Property is zoned 3900

Additional Features

  • City Lot
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 01-31-35-016-0040

Community Details

Overview

  • No Home Owners Association
  • Grove Park Condos
  • Grove Park Subdivision

Recreation

  • Private Dock

Property Details

Property Type

Land

Est. Annual Taxes

$126,473

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Co List Office Mls Id: COMP01
  • Co List Office Phone: 561-285-4794
  • Horses: No
  • Inclusions: Dock Available,Private Dock
  • Lot Size Acres: 1.77
  • Lot Size: 296x266
  • New Construction: No
  • Road Frontage Type: Public Road, U.S. Highway
  • Subdivision Name: GROVE PARK
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Open Land

Exterior Features

  • Lot Features: City Location, Urban Area Development, 1-2.5 Acres
  • Pool Private: No
  • View: No
  • Waterfront Features: River
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: GROVE PARK

Utilities

  • Sewer: None
  • Water Source: Municipal Water
  • Utilities: No Utilities, None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-31-35-016-0040
  • Additional Parcels: Yes
  • Current Use: Unimproved Multi Family (5+Units), Other Usage, Other Style
  • Lot Size Sq Ft: 77101
  • Zoning: 3900

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 126473

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 For Sale $18,000,000 +1284.6% --
01/21/2022 01/21/22 Sold $1,300,000 -13.3% $330 / Sq Ft
10/20/2021 10/20/21 For Sale $1,500,000 -- $381 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11841869

MIAMI REALTORS® MLS

Florida Miami/Dade County Miami 33125 Allapattah

1515 NW North River Dr, Miami, FL

This home is located at 1515 NW North River Dr, Miami, FL 33125 and is currently priced at $18,000,000. 1515 NW North River Dr is a home located in Miami-Dade County with nearby schools including Paul Laurence Dunbar K-8 Center, Citrus Grove Middle School, and Booker T. Washington Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Arden Karson
Listing Agent
Arden Karson
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Karson & CO
(305) 405-0615