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1427 2nd

Coral Bay Manor, Florida City, FL 33034
$2,550,000
30,000 Lot Sq Ft
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33034 / Florida City / FL

Property Highlights

Active
Property Type Land & Docks
Sub-Type Unimproved Land
Lot Size 30,000 Sq Ft
Community Coral Bay Manor

Description

Incredible value-add and development opportunity in a high-growth area! This 9-unit multifamily generates $7,971/month at 97% occupancy, offering strong cash flow. Includes a $300K transferable Affordable Housing Grant and $80K in recent capital improvements, Brand new roof (2025), impact windows (2025), and doors (2025). Additional: 24,000 SF adjacent vacant lot approved for 30 units, ideal for portfolio expansion or ground-up development. Zoned for flexibility and positioned for future growth. Rare opportunity for investors seeking stable income, upside potential, or both. Remarks are not guaranteed and should not be relied upon as representations or warranties, express or implied. Seller Financing Available!

About This Land & Docks in Florida City

This property is located in Coral Bay Manor, a community in Florida City, FL. People searching for properties in Florida City can use this listing page to review property details, photos, location, pricing, and nearby similar listings.

Property Information

Facts & Features

Listing Details
StatusActive
Property TypeLand & Docks
Property Sub-TypeUnimproved Land
MLS ID20250803033356548847000000
Interior
Bathrooms0.00
Exterior
Lot Size30,000 Sq Ft
Community & HOA
CommunityCoral Bay Manor
CountyMiami-Dade
Market Information
List Price$2,550,000
Days on Market319
Location

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Property Address 1427 2nd

Florida City, FL 33034

Community Coral Bay Manor
County Miami-Dade

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