What is the asking price and what does it include?

The list price for 3066 NW River Dr, Miami FL 33142 is $15,000,000. The property is a property with — bedrooms, — bathrooms, approximately — square feet of living space, on a — lot. List price reflects the home and customarily-attached fixtures; it does not include furniture, art, or detached personal property unless explicitly listed in contract. Final inclusions are determined by the executed purchase contract, not by this page. Contact us if you want a written inclusions/exclusions schedule before drafting an offer.

Where exactly is it, and what is the neighborhood like?

The property sits at 3066 NW River Dr, Miami FL 33142 in Miami, 33142. Coordinates are approximately 25.7944504, -80.2458171. Walkability, transit, distance to beach or bay, and traffic patterns vary block by block and are best evaluated in person; visit at both a weekday rush hour and a weekend afternoon before writing an offer. We do not characterize neighborhoods by demographic composition — Fair Housing Act constraints we take seriously. We will gladly provide objective data on request: distance to nearest grocery, hospital, marina, public school, and major roadway.

What are the property taxes and any homestead implications?

Miami-Dade County real-estate taxes are administered by the Miami-Dade Property Appraiser (current assessment + tax-bill data at https://www.miamidade.gov/pa/property_search.asp). A new buyer's tax bill resets based on the sale price and the buyer's own exemption status; the first full tax bill after purchase is often meaningfully higher than the seller's prior bill. Florida's Homestead Exemption reduces the taxable value for a primary residence — eligibility requirements and filing windows are published at https://www.miamidade.gov/pa/exemptions_homestead.asp. The statewide Florida Department of Revenue property-tax reference is at https://floridarevenue.com/property/.

Is it in a flood zone, and what does that mean for insurance?

Authoritative flood-zone designation for any U.S. address is published by FEMA on the National Flood Hazard Layer at https://msc.fema.gov/portal/home. Coastal South Florida includes properties in multiple flood-risk zones (AE, V, VE, X). Lenders typically require flood insurance in high-risk zones. The FEMA Risk Rating 2.0 methodology (premiums based on elevation, construction type, claims history, distance to water) is documented at https://www.fema.gov/flood-insurance/risk-rating. Florida-specific flood-insurance program data is at https://floridarevenue.com/.

How do you determine the list price?

We analyze recent comparable sales in Miami — similar properties in size, condition, and location that sold within the last three to six months. This Comparative Market Analysis (CMA) helps ensure 15,000,000 reflects current market value. For a personalized CMA on a specific property or to discuss listing strategy, contact us directly.

How long does it typically take to close on this property?

Most Florida real estate transactions close in 30–45 days from accepted offer, assuming timely financing, inspections, and HOA or condominium questionnaire responses. Condominium sales may take longer if SB-4D structural reports or association approvals are needed. We manage the timeline closely to avoid delays. Contact us for a detailed closing checklist tailored to 3066 NW River Dr, Miami FL 33142.

What financing step do you recommend before touring?

Get pre-approved by a licensed lender before making an offer. A pre-approval letter shows sellers you are a serious buyer and can close. In Florida's competitive market, it is often a practical requirement. We work with trusted local lenders who understand Miami-Dade specifics like flood-zone implications and condominium-warrantability requirements. Call us for lender referrals.

3066 NW River Dr, Miami FL 33142 | Miami-Dade County

Sq Ft
Area Size

Active

3066 NW River Dr, Miami FL 33142 | Miami-Dade County | A12020456

$15,000,000

Description

Rare Miami River redevelopment opportunity located at 3066 NW S River Dr, Miami, FL 33142. The property consists of approximately 34,596 SF (0.79 acres) with an existing ±7,850 SF building. Current zoning allows up to 250 units per acre, supporting approximately 197 residential units with potential for up to a 16-story development. Existing improvements can be utilized or redeveloped for multifamily, mixed-use, hospitality, restaurant, entertainment, or owner-user use. Strategically positioned along the rapidly transforming Miami River corridor with close proximity to Brickell, Downtown Miami, Wynwood, the Health District, Miami International Airport, and major highways. The Miami River continues to emerge as one of Miami’s premier waterfront destinations with substantial residential, hospitality, and commercial growth throughout the area. Excellent opportunity for developers, investors, restaurant operators, or owner-users seeking a prime riverfront location in one of Miami’s fastest-growing urban corridors. Offered for sale at $15,000,000 and for lease at $450,000 NNN.

Address

Open on Google Maps

Address: River Dr
City: Miami
Zip/Postal Code: 33142

Details

Updated on June 8, 2026 at 2:08 am

Property ID A12020456
Price $15,000,000
Property Status Active

Additional details

StreetDirPrefix NW
LivingAreaUnits Square Feet
PhotosCount 10
MIAMIRE_SubdivisionNumber 0
WaterfrontFeatures Ocean Access, River, Seawall
ViewYN Yes
MIAMIRE_EnvironmentalAudit Phase 1
MIAMIRE_NARRulesYN Yes
ListingKeyNumeric 477616866
TaxAnnualAmount 35726
CurrentUse Unimproved Multi Family (5+Units), Other Usage, Unimproved Business/Commercial
AssociationYN No
MlsStatus Active
StreetNumber 3066
ListingKey 97bd3ca486feaa8de1dc073381f52cb7
MIAMIRE_AddressInternetDisplay 3066 NW River Dr
PoolPrivateYN No
ListingTerms All Cash, Conventional
Possession Funding
WaterfrontYN Yes
InternetAddressDisplayYN Yes
WaterSource Municipal Water
StreetNumberNumeric 3066
MIAMIRE_MunicipalCode 30
MIAMIRE_Area 31
ListingAgreement Exclusive Right To Sell
ListingId A12020456
BuildingAreaUnits Square Feet
InternetEntireListingDisplayYN Yes
InternetAutomatedValuationDisplayYN Yes
TaxYear 2025
PossibleUse None
InternetConsumerCommentYN Yes
LotSizeUnits Square Feet
MIAMIRE_IncExpStatementPeriod 0
ListingContractDate 2026-04-29
Zoning 6117
RoadFrontageType Other Road, Public Road
StateOrProvince FL
MIAMIRE_Jurisdiction County
FrontageLength 166
View River View
SignOnPropertyYN No
IDXParticipationYN Yes
LotSizeDimensions 166x205
HorseYN No
LeasableAreaUnits Square Feet
Inclusions Deeded Dock
Sewer Other
SyndicationRemarks Rare Miami River redevelopment opportunity located at 3066 NW S River Dr, Miami, FL 33142. The property consists of approximately 34,596 SF (0.79 acres) with an existing ±7,850 SF building. Current zoning allows up to 250 units per acre, supporting approximately 197 residential units with potential for up to a 16-story development. Existing improvements can be utilized or redeveloped for multifamily, mixed-use, hospitality, restaurant, entertainment, or owner-user use. Strategically positioned along the rapidly transforming Miami River corridor with close proximity to Brickell, Downtown Miami, Wynwood, the Health District, Miami International Airport, and major highways. The Miami River continues to emerge as one of Miami’s premier waterfront destinations with substantial residential, hospitality, and commercial growth throughout the area. Excellent opportunity for developers, investors, restaurant operators, or owner-users seeking a prime riverfront location in one of Miami’s fastest-growing urban corridors. Offered for sale at $15,000,000 and for lease at $450,000 NNN.
MIAMIRE_LPAmtSqFt 433.5761
MIAMIRE_FloodZone AE
Utilities Electricity Connected, Sewer Connected, Water Connected, Electricity Available, Natural Gas Available, Sewer Available, Water Available
NewConstructionYN No
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LotFeatures Other Location, Shopping Center, Urban Area Development, Less Than 1 Acre
MIAMIRE_OkToAdvertiseList No
LotSizeSquareFeet 34596
UnparsedAddress 3066 NW River Dr, Miami FL 33142
MIAMIRE_Blogging Yes
FeedTypes IDX