Description

Exceptional development opportunity for investors and developers to build a 51-unit multifamily project in a prime Miami location within a designated Opportunity Zone. Property includes preliminary architectural drawings, allowing for an expedited development timeline. Ideal for Section 8 rentals, offering strong demand and stable cash flow. Seller financing available at a very low interest rate, providing an attractive and flexible capital structure. Rare opportunity to acquire a high-yield multifamily project with favorable tax advantages and financing terms. Contact us today!

Address

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Address: 176th St
City: Palmetto Bay
State/county: Miami-Dade County
Zip/Postal Code: 33157
Area: Palmetto Bay, Kindom Village II

Details

Updated on February 19, 2026 at 4:08 am

Property ID A11873104
Price $2,380,000
Land Area 0.33 Square Feet
Type Residential
Property Status Land/Boat Docks

Additional details

BuildingAreaUnits Square Feet
BuildingName Palmetto Bay
ContractStatusChangeDate 2025-09-04
CurrentUse Multi-Family, Check Land Use Plan
DaysOnMarket 161
DevelopmentStatus Undeveloped
DirectionFaces East
ExpirationDate 2026-03-04
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 321-332-2507
ListingTerms All Cash, Conventional, Cryptocurrency, Owner Will Carry
LotFeatures Other
LotSizeSquareFeet 14250
MLSAreaMajor Palmetto Bay
MajorChangeTimestamp February 18, 2026 at 03:14pm
MajorChangeType Price Decrease
MlsStatus Active
ModificationTimestamp February 18, 2026 at 03:14pm
OnMarketDate 2025-09-04
OriginalEntryTimestamp September 5, 2025 at 03:45pm
OriginalListPrice 2600000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
OtherStructures Other Bldg Incl
ParcelNumber 30-50-32-004-1011
PhotosChangeTimestamp January 14, 2026 at 04:38pm
PhotosCount 18
PreviousListPrice 2600000
PriceChangeTimestamp February 18, 2026 at 03:14pm
PublicSurveyRange 50
PublicSurveySection 32
PublicSurveyTownship 50
ShowingContactType Agent
ShowingInstructions Call Listing Agent
SourceSystemKey 420186756
StateOrProvince FL
StatusChangeTimestamp January 14, 2026 at 04:35pm
StreetDirPrefix SW
StreetName 176th St
StreetNumber 10060
StreetNumberNumeric 10060
StructureType Residential
SyndicationRemarks Exceptional development opportunity for investors and developers to build a 51-unit multifamily project in a prime Miami location within a designated Opportunity Zone. Property includes preliminary architectural drawings, allowing for an expedited development timeline. Ideal for Section 8 rentals, offering strong demand and stable cash flow. Seller financing available at a very low interest rate, providing an attractive and flexible capital structure. Rare opportunity to acquire a high-yield multifamily project with favorable tax advantages and financing terms. Contact us today!
TaxAnnualAmount 3696
TaxLegalDescription MAP OF PERRINE PB B-79 E1/2 OF S95FT OF LOT 11 BLK 12 & SWLY95FT OF LOT 10 BLK 12 LOT SIZE 14250 SQ FT M/L OR 22551-2975 0704 3
TaxYear 2024
Vegetation Other Trees
Zoning 6261