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Florida City, Florida 33034

Active For Sale
$3,000,000
  • Beds 0
  • Baths 0
  • Sq Ft 0 Sqft
  • Visits: 5 in 30 days

Description

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 potential. Ideal for multifamily investors, builders, and developers seeking a high-growth South Florida asset.

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Florida City
  • Subdivision: CORAL BAY MANOR
  • Zipcode: 33034
  • Floor Number: 0
  • Longitude: W81° 31' 15.2''
  • Latitude: N25° 26' 52.8''
  • MLS Area: 78

MLS Addon

  • Association Fee: $0
  • Close Price: $0
  • Insurance Expense: $0
  • Lot Size Dimensions: 360x220
  • New Taxes Expense: $0
  • Tax Annual Amount: $35,000
  • Utilities: Sewer Not Available, None

Location

Listing Updated: 2026-05-18 06:20:27

  • Property Type : Land
  • Property Sub Type : Multi Family
  • Listing Type : For Sale
  • Listing ID : A12019296
  • Price : $3,000,000
  • View : Garden
  • Bedrooms : 0
  • Bathrooms : 0
  • Half Bathrooms : 0
  • Square Footage : 0 Sqft
  • Year Built : 0
  • Lot Area : 1.80 Acre
  • Listing Status : Active
  • Days On Market : 29
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