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Land

Florida City, FL 33034
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SqFt6,000

Sqft(Lot)

38-Unit Build-Ready Multifamily Development Opportunity in Florida City, FL. Rare investment opportunity featuring approved plans for a 38-unit rental community in one of South Florida’s fastest-growing markets. Strategically located in a high-demand rental area with strong population growth, expanding job market, and excellent access to major highways and the Florida Keys.This shovel-ready development site offers investors and developers the opportunity to capitalize on long-term cash flow and appreciation potential. Projected stabilized financials show approximately $1.4M in gross rental income with projected NOI exceeding $900K annually.Property highlights include approved multifamily zoning, efficient site layout, modern community design, ample parking, and strong rental absorption pot ential. Ideal for multifamily investors, builders, and developers seeking a high-growth South Florida asset.

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Detail Ic Property Details

Property Type : Land

Price : $3,000,000

AD Id : 78721206

MLS Id : A12019296

Lot Size : 6,000 Sqft(Lot)

County : Miami-Dade

Subdivision: Coral Bay Manor

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Feature Features

  • Lot Information

    Lot Dimensions: 360x220 Main Square Feet: 6000 Lot Size Acres: 1.8 Lot Size Square Feet: 6,000

    Property Information

    Subdivision: CORAL BAY MANOR Source Property Type: Land MLS Area Minor: Tamarac/Snrs/Lderhl (3650-3670;3730-3750;3820-3850) Zoning Description: 3000 Property SubType: Multi Family

  • Listing Price Information

    Listing Price: $3000000
    Cash, OwnerMayCarry, Other

  • Tax Information

    Parcel Number: 16-78-24-020-0010 Tax Year: 2026 Annual Tax: $35000 Tax Legal Desc: CORAL BAY MANOR PB 57-40 LOT 1 BLK 1 LOT SIZE 60.000 X 100 OR 21103-4509 0502 3

  • Utility Information

    None, SewerNotAvailable
  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
15900 SW 408 St, Florida City, FL, 33034 $62,500 -- -- -- 30,056 Sqft(Lot)
193XX SW 334 Street, Florida City, FL, 33034 $269,950 -- -- -- 33,977 Sqft(Lot)
189XX SW 354, Florida City, FL, 33034 $169,900 -- -- -- 12,664 Sqft(Lot)
100 W Palm Drive, Florida City, FL, 33034 $795,000 -- -- -- 20,400 Sqft(Lot)
215 NW 3rd Ave, Florida City, FL, 33034 $599,000 -- -- -- 15,000 Sqft(Lot)
8TH STREE NW 8st Nw, Florida City, FL, 33034 $189,850 -- -- -- 9,700 Sqft(Lot)
Davis Pkwy, Florida City, FL, 33034 $2,500,000 -- -- -- 64,033 Sqft(Lot)
945 W Lucy St, Florida City, FL, 33034 $1,800,000 -- -- -- 43,560 Sqft(Lot)
Us1, Florida City, FL, 33034 $14,500 -- -- -- 30,056 Sqft(Lot)
Us1, Florida City, FL, 33034 $14,500 -- -- -- 30,056 Sqft(Lot)

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 06/06/2026 @ 16:00

MLS: A12019296 LISTED BY: Yanisel Limonte, DG Pinnacle Realty 754-234-5306 SOURCE: SEFMIAMI

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