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Listing Details
- $3,000,000
- MLS# A12019296
- Type Land - Lot/Land
- 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 Floridas 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... Read more
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All Property Features
- Property Type: Land - Lot/Land
- Crops Included Y/N: No
- Days on Site: 56
- Home Warranty Y/N: No
- Lease Considered Y/N: No
- Listing Terms: All Cash, Owner Will Carry
- Lot Description: Corner Lot,1-2.5 Acres
- Lot Dimensions: 360x220
- Lot Size: 1.80 Acres
- Parcel#: 16-78-24-020-0010
- Property Attached Y/N: No
- Property Sub-Type: Multi Family
- Sewer: None
- Taxes: $35,000
- Utilities: No Utilities, None
- Water: Municipal Water