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New Construction Five-Plex in Homestead
For Sale
$1,500,000
Pending

1515 N Redland Rd, Florida City, FL 33034

New construction five-unit multifamily property, ready for lease-up.

Property SizeContact for details
Days on Market198

Property Features for 1515 N Redland Rd

General Information

Standard status Pending
Listing Agency: the keyes company
Listed By: Carlos Villanueva JR · License #0638148
Source: Exprealty
Added: Feb 17 Changed: Aug 25 Last Checked: Sep 2 at 2:17AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of the keyes company

Investment Insights

Based on property information with market context.

This new construction five-plex in Homestead is a multifamily property ready for lease-up. Constructed in 2026, this low-rise garden-style building features a modern design and quality construction. The property contains five units, each with three bedrooms and two bathrooms. The property is positioned to attract tenants seeking convenience and comfort. This property is located in a car-dependent area with a walk score of 18, but it is somewhat bikeable with a bike score of 37 and has some transit options with a transit score of 39. This property is positioned as a turnkey investment in a thriving market, ideal for multifamily investors looking to maximize rental income.

Key Highlights

  • New construction five‑plex (built in 2026), offering low maintenance and modern design.
  • Turnkey investment property, ready for lease‑up and immediate rental income.
  • All 5 units are 3 bedrooms and 2 bathrooms, appealing to a broad tenant base.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Nail Salon Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

489
Businesses Nearby

Demographics for 33034, FL

22,850
Population
6,631
Households
3.4
Avg Household Size
34
Median Age
9%
College-Educated
65%
High-School Grad
1,173.1 sq mi
ZIP Area
19
Density / Sq Mi
$46,404
Median Household Income
$31,712
Median Earnings
$1,283
Median Rent
$310,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - New construction five-unit multifamily property, ready for lease-up.
Where is this apartment building located?
The property is located at 1515 N Redland Rd Florida City, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: New construction five‑plex (built in 2026), offering low maintenance and modern design.; Turnkey investment property, ready for lease‑up and immediate rental income.; All 5 units are 3 bedrooms and 2 bathrooms, appealing to a broad tenant base.
More about this property
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