Lot/land

$2,950,000

139XX SW 272nd St, Homestead, FL 33032

--beds

--baths

3.38Acres

Unimproved Land

Built in ----

3.38 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

This development site represents one of the lowest price-per-acre opportunities in the Naranja/South Miami-Dade market, delivering exceptional value for investors and developers alike. The property is zoned R-Edge within the Naranja Community Urban Center District, allowing multifamily developments. The site is comprised of 3 folios totaling 3.38 acres, with an allowable FAR of 3.7. The seller is currently in the process of obtaining ASPR approvals for a 66-unit garden-style multifamily project. Additionally under the Live Local Act, the site may qualify for a density increase of up to 90 units, subject to verification of eligibility and compliance with program requirements. Located directly across from a school and with convenient access to US1, public transit, the Florida Turnpike and major commercial corridors. The site is also located next to a canal which adds a nice buffer and flexibility for site design.

111 days

22

1

Facts & features

Interior

Video & virtual tour

View virtual tour

Property

Features

Has view: Yes
View description: Canal
Has water view: Yes
Water view: Canal
Waterfront features: Canal Front
Frontage length: 845

Lot

Size: 3.38 Acres
Features: City Lot, Inside Location, Near School, Other Soil Type, 3 To Less Than 4 Acre Lot, No Misc/Improvements, Other, Street Lights
Residential vegetation: Other Trees, Partially Wooded, Grass/Pasture, Other Ground Cover

Details

Additional structures: None
Has additional parcels: Yes
Parcel number: 3069340000091
Zoning: 3050

Utilities & green energy

Sewer: Public Sewer
Water: Municipal Water
Utilities for property: None, Electricity Available, Sewer Available, Water Available

Community & HOA

Community

Subdivision: Hidden Grove,Naranja Village

HOA

Has HOA: No

Location

Region: Homestead

Financial & listing details

Annual tax amount: $10,396
Date on market: 3/17/2026
Listing terms: All Cash,Conventional
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
4/4/2026	Price change	$2,950,000-10.6%
Source: MIAMI #A11986385 Report a problem
3/20/2026	Listed for sale	$3,300,000
Source: MIAMI #A11986385 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Estimated monthly payment$1,822

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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