LKV Realty
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$3,000,000
$7,200Reward *
Florida City, FL 33034Listing ID A12019296

Florida City, FL 33034

Active
CORAL BAY MANOR
Last updated: May 18, 2026
Property Type
Property Type
Land
Property Sub Type
Property Sub Type
Multi Family
Acres
Acres
1.8
Days on Site
Days on Site
90

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 Information

Property Details

Location

County
Miami-Dade
City
Florida City
Zip Code
33034
Subdivision
CORAL BAY MANOR
MLS Area
78

Property Taxes

Tax Annual Amount
$35,000
Tax Year
2026
DG Pinnacle Realty, (754) 234-5306

Market Report for 33034

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Miami Association of REALTORs
Miami Association of REALTORs logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

For corrections to this data please contact Brytecore MLS Support.

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