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Counties
Coral Bay Manor, Land in Florida City, FL 33034
$3,000,000
0.14
AcreStatus
Active
Size
0.14 Acres (557 m2)
Price
$21,428,571/Acre ($5,382/m2)
Type
Land
MLS Number
A12019296
On Site
43 Days
Updated
40 Days ago
Page Views
0
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 ar... Read more
Features
All features
- Property SqFt: 6000
- Remarks: 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.
- Internet Remarks: 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.
- Waterfront: No info
- Days on Market: 3
- Office Name: DG Pinnacle Realty
- Area: 6000
- Taxes: 35000
- Tax Year: 2026
- Listing Date: 2026-05-15T13:32:07.000-00:00
- Lot Size Square Feet: 6000
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
05/14/2026
Listed
$3M
$500 ft2
$5,382 m2
05/14/2026
$3M
Event
Listed
Price Per
$500 ft2
$5,382 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Yanisel Limonte • DG Pinnacle Realty • Buyer Agency Compensation .
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Community Snapshot
N/A
Bedrooms
$699K to $3M
Price Tier
858 - 4,928
SqFt Range
1956
Year Build
2
Total Floors
100
Total Units
N/A
Total Sales
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
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