,Multi Family, Unimproved Single Family (5+ Lots), Coral Bay Manor for Sale & Rent

for Sale & Rent

Price $3,000,000.00

• Lot size 6000
• Year Build
• Waterfront
• Zip 33034
• Style
• Parking Description
• Pool Yes
• Status Active

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.

CORAL BAY MANOR PB 57-40 LOT 1 BLK 1 LOT SIZE 60.000 X 100 OR 21103-4509 0502 3

Corner Lot, 1-2.5 Acres

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.

City:Florida City,Zoning:3000,List A O R:A-Miami Association of REALTORS,Tax Year:2026,Latitude:25.462219,List Price:3000000,Listing Id:A12019296,Longitude:-80.480707,Mls Status:Active,Utilities:1:None,Postal Code:33034,Coordinates:1:25.462219,Lot Features:1:1-2.5 Acres,Photos Count:15,Building Name:CORAL BAY MANOR,Days On Market:23,Listing Terms:1:Owner Will Carry,Lot Size Acres:1.8,Lot Size Units:Square Feet,M I A M I R E_ Area:78,M L S Area Major:Coral Bay Manor,On Market Date:2026-05-14,Parcel Number:16-78-24-020-0010,Property Type:Commercial Land,Public 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.,County Or Parish:Miami-Dade County,Expiration Date:2026-07-16,Frontage Length:360,List Office Name:DG Pinnacle Realty,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Property Sub Type:Multi Family,State Or Province:FL,Subdivision Name:CORAL BAY MANOR,Tax Annual Amount:35000,Listing Agreement:Exclusive Agency,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Dimensions:360x220,Lot Size Square Feet:6000,M I A M I R E_ Flood Zone:X,M I A M I R E_ L P Amt Sq Ft:500,Original List Price:3000000,Public Survey Range:78,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Showing Contact Type:1:Call Listing Office,Syndication 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.,Additional Parcels Y N:1,Listing Contract Date:2026-05-14,Originating System I D:miamire,Public Survey Section:24,Showing Instructions:Call Listing Agent,Call Listing Office,Tax Legal Description:CORAL BAY MANOR PB 57-40 LOT 1 BLK 1 LOT SIZE 60.000 X 100 OR 21103-4509 0502 3,Gross Scheduled Income:1414512,M I A M I R E_ Current Price:3000000,M I A M I R E_ Jurisdiction:City,Public Survey Township:78,M I A M I R E_ Municipal Code:16,M I A M I R E_ Total Mortgage:345000,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Geographic Area:Tamarac/Snrs/Lderhl (3650-3670;3730-3750;3820-3850),M I A M I R E_ Internet Remarks:38-unit multifamily development opportunity in Florida City with approved plans and projected $900K+ NOI.,M I A M I R E_ Parcel Number M L X:0010,M I A M I R E_ Street View Param:1$25.46222$-80.480707$149.12$13.33$1.00$b7I2VN9znKrcSmfE22mceA,Contract Status Change Date:2026-05-14,M I A M I R E_ Folio Num2nd Parcel:16-7824-020-1120,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:20,M I A M I R E_ Environmental Audit:Phase 3,M I A M I R E_ Agent Alternate Phone:786-709-6196,M I A M I R E_ Inc Exp Statement Period:12 months,Internet Entire Listing Display Y N:1,M I A M I R E_ Multiple Offers Accepted Y N:1,