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Land in Florida City, FL 33034Coral Bay Manor,
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OFF MARKET
$3,000,000
0.14
AcreStatus
OFF MARKETExpired
Size
0.14 Acres (557 m2)
Price
$21,428,571/Acre ($5,382/m2)
Type
Land
MLS Number
A12019296
On Site
123 Days
Updated
121 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 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.
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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Scores
73
100
75
100
Community Snapshot
$625K – $625K
Price Tier
858 - 5,162
SqFt Range
1956
Year Build
2
Total Floors
100
Total Units
Florida City Entry-Level Entry-Level Homes & Condos
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- Costa Blanca Villas Townhouse5
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- Friedland Manor House2
- Hadley Place Townhouse0
- Juana House0
- Keys Pointe Townhouse14
- Las Palmas Townhouse0
- Palm Ave Heights House2
- Palm Cay Townhouse2
- Regal Palm Square Townhouse9
- Royal Homes West House4
- Sebastian Isles Townhouse10
- Southern Pointe Villas Townhouse1
- Sunny Land Park House0
- Towerview Villas Townhouse0
- Washington Park House6
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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