Opportunity:
Compass FL presents a premier development opportunity for a garden-style multifamily community in the rapidly growing Naranja Lakes submarket of South Miami-Dade.
Site Details:
- Total Size: 3.38 acres (3 folios)
- Zoning: R-EDGE (18 units per acre)
- Allowable FAR: 3.7
- Current Plan: ASPR approvals in process for 66 units
- Potential Expansion: Up to 90 units under the Live Local Act (subject to eligibility and compliance)
Value Proposition:
- Offered at one of the lowest price-per-acre opportunities in the Naranja/South Miami-Dade market
- Strong demand drivers from population growth, affordable housing needs, and major nearby developments
- Adjacent to a canal, providing a natural buffer and design flexibility
Location Advantages:
- Directly across from a school
- Convenient access to US-1, Florida Turnpike, public transit, and major commercial corridors
- Surrounded by ongoing public and private investments fueling growth
Market Context:
- Naranja is a rapidly developing submarket with significant residential and commercial expansion
- Affordable housing demand continues to rise, supported by strong demographic trends
- Strategic location within South Miami-Dade ensures long-term value creation
Laura Kefalidis
Compass
