This rare and fully entitled mixed use apartment project offers a unique investment opportunity at the gateway to the Florida Keys, located within the highly sought after opportunities zone. Featuring two eight story buildings, the first consists of 168 units while the second offers 175 units, at the prime corner of 344th Street/Palm Drive and Krome Avenue/177th Avenue. Adjacent to Lennar Homes with active multifamily residential development, this AAA location is ideal for capitalizing on the growing demand in the area. The project will be delivered fully zoned and entitled, with site plan approval and T plat in place, and the land filled to grade with completed water, sewer, paving, and drainage infrastructure.
This rare and fully entitled mixed use apartment project offers a unique investment opportunity at the gateway to the Florida Keys, located within the highly sought after opportunities zone. Featuring two eight story buildings, the first consists of 168 units while the second offers 175 units, at the prime corner of 344th Street/Palm Drive and Krome Avenue/177th Avenue. Adjacent to Lennar Homes with active multifamily residential development, this AAA location is ideal for capitalizing on the growing demand in the area. The project will be delivered fully zoned and entitled, with site plan approval and T plat in place, and the land filled to grade with completed water, sewer, paving, and drainage infrastructure.
Features
Building and Construction
Front Exposure: East
Surface Description: Paved Road
Property Information
Styleof Property: Zoned Multifamily
Typeof Property: Residential
Land Information
Lot Description: 4 To Less Than 5 Acre Lot, Corner Lot, West Of Us 1
Lot Sq Footage: 196020
Subdivision Name: INDUSTRIAL ADD
Total Acreage: 4.5000
Eco-Communities
Typeof Trees: No Trees
Water Access: None
Water Description: Municipal Water
Water View: None
Utilities
On Site Utilities: Cable Tv, Electric, Other Utilities Available, Sewer, Underground Utilities, Water
Sewer Description: At Site, Municipal Sewer
Finance and Tax Information
Tax Year: 2024
Other Features
Available Documents: Aerial Photo, Environmental Impact Study, Other Documents Available, Plat Map, Survey Available
Board Identifier: BeachesMLS
Country: United States
Development Name: Ocean Gate
Development: Other Development Incl, Recorded Plat
Fill Description: Fill Not Req
Folio Num 2 Nd Parcel: 16-7825-000-0280
Legal Description: INDUSTRIAL ADDN TO FLA CITY PB 5-6 LOTS 1 THRU 91 & PORT OF 12 ST CLOSED BETW LOTS 50 & 51 & 50FT STRIP LYG SWLY & ADJ TO LOTS 21 THRU 91 CL
Location: City Location, Corner Location, County Location, Other Location
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