Price Check
How this price compares
- Asking price
- $11,000,000
- Price per sq ft
- N/A
- Original price
- $12,000,000
- Days on market
- 145
This lot in ZIP 33142 went under contract with an asking price of $11,000,000. The asking price has come down 8.3% from its original $12,000,000. It spent 145 days on the market before going under contract.
Estimated monthly payment
$57,810 /mo
Principal and interest only, based on $2,200,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $11,000,000
- Days on Site
- 145 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 2.58 Acres
- Property Type
- Land
- MLS #
- A12020461
- Subdivision
- MELROSE HEIGHTS 5TH SEC
- County
- Miami Dade
- Status
- Under Contract
About This Property
3460–3464 NW North River Drive offers a unique opportunity to acquire approximately 112,750 SF of heavy industrial waterfront property in the heart of Miami’s urban core. Comprised of both folios combined, this ±2.4-acre assemblage is strategically positioned directly on the Miami River and features approximately ±440 linear feet of dockage with an existing ramp, making it ideal for marine industrial, logistics, shipping, manufacturing, distribution, or redevelopment users seeking direct water access.Zoned IU-2 Industrial Districts – Heavy Manufacturing, the property allows for a wide range of intensive industrial uses rarely available this close to Downtown Miami. Utilities are already on site, and the property’s layout provides flexibility for owner-users, investors, or maritime operators looking to establish a presence along one of South Florida’s most active industrial waterways.The property offers exceptional connectivity with immediate access to State Road 836, I-95, and other major transportation corridors. Conveniently located east of Miami International Airport and near the iconic Magic City Casino, the site is centrally located near Downtown Miami, the Health District, and the Port of Miami.Industrial waterfront properties with heavy manufacturing zoning and substantial dockage are increasingly scarce in Miami.
Virtual TourGeneral Features
- Property Type
- Land
- Status
- Under Contract
- Lot Size (Acres)
- 2.58
- Water Source
- Other
- Zoning
- 7300
Exterior Features
- Lot Features
- One To Two Acres / Two To Three Acres / Other
- Waterfront
- Yes
- Waterfront Features
- Other / River Front
Community & HOA
- Utilities
- Other / Sewer Available
- MLS Area
- 2310
Schools
- Elementary School
- Melrose
- Middle School
- Brownsville
- High School
- Miami Northwestern
Features & Amenities
About the Community
- Homes for Sale
- 1
- Median List Price
- $735,000
- Median $/Sq Ft
- $404
- Avg Days on Market
- 82
Frequently Asked Questions
- How do I schedule a tour of 3464 N River Drive, Miami, FL 33142?
- Use the Tour button on this listing to request a showing of 3464 N River Drive, Miami, FL 33142. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 3464 N River Drive, Miami, FL 33142 still available?
- 3464 N River Drive, Miami, FL 33142 is currently listed as Under Contract, and has been on the market 145 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 3464 N River Drive, Miami, FL 33142?
- With 20% down ($2,200,000) on the $11,000,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 3464 N River Drive, Miami, FL 33142 is about $57,810/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 3464 N River Drive, Miami, FL 33142?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 3464 N River Drive, Miami, FL 33142. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 3464 N River Drive, Miami, FL 33142?
- 3464 N River Drive, Miami, FL 33142 is zoned for Melrose (elementary), Brownsville (middle), Miami Northwestern (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 3464 N River Drive, Miami, FL 33142?
- Often, yes. The right offer on 3464 N River Drive, Miami, FL 33142 depends on how it's priced against comparable land sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Fausto Commercial Realty Consultants Inc
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$11,000,000
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Listed by Guarionex Antonio Berrido, Fausto Commercial Realty Consultants Inc
Map & Location
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Recent Sales
Recently sold homes in ZIP 33142
These are the last 6 recorded closings in ZIP 33142, with the price each home actually sold for rather than what it was listed at. They closed at a median of $374 per square foot. The most recent closed on October 9, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$490,000
Sold · October 9, 2026
2501 NW 55th Terrace
3 bed · 2 bath · 1,320 sqft · $371/sqft
$15,000 under the asking price
Sold$542,700
Sold · October 1, 2026
1613-1615 NW 45th Street
0 bed · 0 bath · 1,452 sqft · $374/sqft
$6,300 under the asking price
Sold$370,000
Sold · September 29, 2026
2335 NW 55th Street
3 bed · 1 bath · 904 sqft · $409/sqft
$24,900 under the asking price
Sold$780,000
Sold · September 25, 2026
1895 NW 47th Terrace
0 bed · 0 bath · 2,300 sqft · $339/sqft
$15,000 under the asking price
Sold$540,000
Sold · September 25, 2026
2944 NW 61st Street
4 bed · 2 bath · 1,284 sqft · $421/sqft
$20,000 under the asking price
Sold$850,000
Sold · September 22, 2026
2100 NW 24th Street
0 bed · 0 bath · 2,508 sqft · $339/sqft
$45,000 under the asking price
See every recorded sale in ZIP 33142 or find out what your ZIP 33142 home is worth.
