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Shovel-Ready Multifamily Development Land
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2326 89th St, Palmetto, FL 34221

Shovel-ready site with approvals for a 183-unit, surface-parked multifamily project with controlled access and air-conditioned corridors.

Property SizeContact for details
Lot Size9.16 Acres
Days on Market154

Property Features for 2326 89th St

General Information

Standard status Active
Lot size 9.16 Acres
Property subtype LAND

Additional Details

Multifamily Units 183
Listing Agency: JLL | Miami
Listed By: Simon Banke
Source: Moodyscre
Added: Mar 12 Changed: Aug 8 Last Checked: Apr 19 at 2:42PM

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 JLL | Miami

Investment Insights

Based on property information with market context.

This shovel-ready development site comes with approvals in place for a 183-unit, surface-parked multifamily project. The approved concept includes controlled access, elevators, and air-conditioned corridors.

The property is located at 2326 89th St, Palmetto, FL 34221.

According to the public remarks, the area is described as having strong demographic fundamentals, including projected rent growth of 9.6% by 2030 and household incomes above $120,000, along with major corporate investment in the region.

Key Highlights

  • Shovel‑ready development site with approvals in place for a 183‑unit multifamily project
  • Planned surface parking and controlled‑access community design
  • Project includes elevators and air‑conditioned corridors

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency HVAC Service Bakery Auto Parts Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store

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

Lease Details

183
Residential units

Location Intelligence

Trade Area within ½ mile

53
Businesses Nearby

Demographics for 34221, FL

48,082
Population
24,812
Households
1.9
Avg Household Size
45
Median Age
28%
College-Educated
91%
High-School Grad
53.9 sq mi
ZIP Area
892
Density / Sq Mi
$74,314
Median Household Income
$40,072
Median Earnings
$1,459
Median Rent
$298,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Shovel-ready site with approvals for a 183-unit, surface-parked multifamily project with controlled access and air-conditioned corridors.
Where is this residential land & home lot located?
The property is located at 2326 89th St Palmetto, FL.
What are key features of this property?
This property features: Shovel‑ready development site with approvals in place for a 183‑unit multifamily project; Planned surface parking and controlled‑access community design; Project includes elevators and air‑conditioned corridors
(305) 421-6546 Call to check price and availability
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