Little River Development Assemblage | ±0.48-Acre T5-R Corner | Opportunity Zone

Zoned T5-R, the assemblage supports up to 31 residential units by right at 65 units per acre, inside a permitted five-story envelope. The by-right density occupies only a portion of that envelope, leaving meaningful unbuilt capacity that a buyer may weigh against a density-increasing strategy.

The corner is currently improved with two existing structures, which may allow a buyer to pursue a covered-land approach: controlling the site, and potentially carrying it, while a future development is designed, finalized, and permitted. Investors are encouraged to evaluate the optimal hold-and-entitle path on their own terms.

Beyond the by-right plan, identifiable routes to additional value include a Transit Station Neighborhood District (TSND) petition and a rezoning or land-use change to greater density, along with a potential parking reduction by Exception given transit proximity. The property sits on the Florida East Coast rail corridor within the county’s Northeast SMART transit corridor and minutes from Wynwood, the Design District, and MiMo.

Offered at roughly $111 per land square foot, the assemblage is priced below recent Little River development-site trades and draws on the momentum of the $3 billion Little River District nearby, which is set to deliver thousands of residences, new retail, and a planned transit station. Contiguous ownership delivers a build-ready corner in a single transaction with no assembly risk.

Investment highlights

• Single-sale assemblage: ±0.48 acre (20,776 SF) across two contiguous parcels under common ownership

• Priced at $2,300,000, approximately $111 per land SF, below recent area development-site pricing

• T5-R zoning supports up to 31 residential units by right (65 units per acre)

• Five-story permitted envelope only partially used by the by-right program, leaving room to explore added density

• Potential covered-land strategy: control and carry the site while designing, finalizing, and permitting a future project

• Entitlement optionality: TSND petition, rezoning or land-use change, and a possible by-Exception parking reduction near transit

• Federally designated Opportunity Zone, offering potential tax advantages to qualifying investors

• On the FEC corridor within the Northeast SMART transit corridor; minutes to Wynwood, Design District, and MiMo

• Adjacent to the transformational $3 billion Little River District

• Contiguous corner delivers a build-ready site with no holdout or assembly risk