This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/15
$3,000,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/15
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.
Full Property Details
Full Property Details for MLS# A12019296
General
- Price: $3,000,000
- Taxes: $35,000 (2026)
- Status: Active
- Type: Multi-Family
- Source: Greater_Miami
- MLS ID: A12019296
- Updated: 5/17/2026
- Added to Site: 4 day(s) ago
Location
- Area: Coral Bay Manor
- County: Miami-Dade County
- Subdivision: CORAL BAY MANOR
- Building Name: CORAL BAY MANOR
Community
- Community Name: Coral Bay Manor
Utilities
- Sewer: None
- Water: Municipal Water
- Utility Description: No Utilities, None
Structural Information
- Structure Type: Multi Family
- Detached/Attached: Detached
- Current Bldg. Use: Unimproved Single Family (5+ Lots)
Lot Features
- Lot Size (Acres): 1.8
- Lot Size (Sq. Ft.): 6,000
- Lot Dimensions: 360 x 220
- Frontage Feet: 360
- Lot Features: Corner Lot, 1-2.5 Acres
- Potential Use: Suburban
- Zoning: 3000
Financial Considerations
- Tax Amount: $35,000
- Tax Year: 2026
- Terms: All Cash, Owner Will Carry
Disclosures and Reports
- Legal Description: CORAL BAY MANOR PB 57-40 LOT 1 BLK 1 LOT SIZE 60.000 X 100 OR 21103-4509 0502 3
- Property ID: 16-78-24-020-0010
Listed by DG Pinnacle Realty
Get Pre-Approved Today
Price & Sales History for MLS# A12019296
Date
Details
Price
Change
Source
5/14/2026
Listed
$3,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for MLS# A12019296
MLS# A12019296, Florida City, FL 33034 (MLS# A12019296) is a Multi-Family property with a lot size of 1.8 acres. MLS# A12019296 is currently listed for $3,000,000 and was received on May 14, 2026. Want to learn more about MLS# A12019296? Do you have questions about finding other Multi-Family real estate for sale in Florida City? You can browse all Florida City real estate or contact a Coldwell Banker agent to request more information.

