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$3,000,000

Price Changed

Florida City, FL 33034•Miami-Dade County•CORAL BAY MANOR
Multi FamilyFor SaleActive

Property Highlights

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Beds / Baths

0

Square Feet

1.80

Acres

About This Property

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.

Property Details

0
Lot Size1.80 acres

Listing Information

MLS IDA12019296
MLS NameMiamiAssociationOfRealtors
Sale TypeFor Sale
Days on Market19 days
Last UpdatedMay 18, 2026
Price ChangedMay 14, 2026

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Location

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Florida City, FL

Location coordinates not available

Quick Stats

Property Type:Multi Family
Status:Active
Listed:N/A
- $3,000,000 Multi Family | Gabriella Gonda