Address not disclosed, Florida City, FL 33034
Address not disclosed, Florida City, FL 33034
Address not disclosed, Florida City, FL 33034
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Monica Cataluña, CCIM, ALC

Monica Cataluña, CCIM, ALC

+1(954) 812-1831
$3,000,000
Est. payment /mo
1.8 Acres Lot
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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Coral Bay Manor

MLS Listing ID A12019296

HOA Y/N No

Annual Tax Amount $35,000

Tax Year 2026

Lot Size 1.800 Acres

Acres 1.8

Lot Dimensions 360x220

Property Sub-Type Multi Family

Property 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.

Location

State FL

County Miami-dade

Community Coral Bay Manor

Area 78

Exterior

Utilities Available None, Sewer Not Available

Private Pool Yes

Building

Sewer None

Water Public

Others

Tax ID 16-78-24-020-0010

Acceptable Financing Cash, Owner May Carry, Other

Listing Terms Cash, Owner May Carry, Other

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12019296

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Miami Association of Realtors (SEFMIAMI MLS)
Listed by DG Pinnacle Realty
Monica Cataluña, CCIM, ALC

"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

2665 Executive Park Drive, Suite 1 Weston, FL, 33331

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Address not disclosed