$14,999,000
$1M PRICE INCREASE

1515 NW North River Dr Miami, FL 33125

Allapattah Neighborhood

Estimated payment $82,873/month

Total Views 1,990
1.77 Acres
$8,474,011 Price per Acre
77,101 Sq Ft Lot

Highlights

  • River Front
  • 1.77 Acre Lot
  • No HOA

About This Lot

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 with 36 units per acre per T4-R zoning. One concept envisions the creation of 40 luxury townhomes that take full advantage of the site’s river frontage and lifestyle appeal.

Listing Agent

Edward Schmidt-CCIM, SIOR

E. L. S. Realty Corp. License #0473167 Listed on: 03/09/2026

E. L. S. Realty Corp.

Property Details

Property Type

  • Land

Lot Details

  • 1.77 Acre Lot
  • Lot Dimensions are 77101x77101
  • River Front
  • Property is zoned 3900

Additional Features

  • City Lot
  • Sewer Not Available

Community Details

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

Listing and Financial Details

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

Property Details

Property Type

Land

Lot Details

1.77 Acres

Listing Details

  • Property Type: Commercial Land
  • Horses: No
  • Inclusions: Other
  • Lot Size Acres: 1.77
  • Lot Size: 77101x77101
  • New Construction: No
  • Road Frontage Type: Public Road
  • Subdivision Name: GROVE PARK
  • LastStatus: Temp Off Market
  • CurrentPrice: 14999000
  • InternetRemarks: 1.77 acres of prime contiguous land along the Miami River, an increasingly rare opportunity in one of Miami’s fastest-growing corridors.
  • ShowingTimeFlag: No
  • TempOffMarketDate: 2026-04-15
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Other Plan Use

Exterior Features

  • Lot Features: City Location, 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: Other
  • Utilities: No Utilities, None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-31-35-016-0040
  • Current Use: Unimproved Multi Family (5+Units)
  • Lot Size Sq Ft: 45723
  • Zoning: 3900

Tax Info

  • Tax Year: 2026

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $22,305 $1,098,277
2024 $22,587 $998,434 $765,000 $233,434
2023 $22,587 $1,098,774 $879,750 $219,024
2022 $16,443 $797,599 $573,750 $223,849
2021 $10,154 $350,673 $0 $0
2020 $9,793 $740,007 $535,500 $204,507
2019 $7,959 $537,800 $459,000 $78,800
2018 $7,120 $501,304 $459,000 $42,304
2017 $6,349 $239,516 $0 $0
2016 $6,219 $217,742 $0 $0
2015 $6,443 $289,748 $0 $0
2014 $6,206 $273,651 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2026 06/12/26 Price Changed $14,999,000 +7.1% --
05/14/2026 05/14/26 For Sale $13,999,000 0.0% --
04/15/2026 04/15/26 Off Market $13,999,000 -- --
03/09/2026 03/09/26 For Sale $13,999,000 +976.8% --
01/21/2022 01/21/22 Sold $1,300,000 -13.3% $330 / Sq Ft View Prior Sale
10/20/2021 10/20/21 For Sale $1,500,000 -- $381 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11979551

MIAMI REALTORS® MLS
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