Approved Multi-Family Development
For Sale
Contact for pricing
Pending
498 SW 7th Ave, Florida City, FL 33034
Five-acre lot is approved for 100–120 multi-family units, with an adaptable site plan concept.
Property SizeContact for details
Days on Market122
Property Features for 498 SW 7th Ave
General Information
Standard status
Pending
Property subtype
Land
Listing Agency:
The Goldstein Group
Listed By:
Martin J Goldstein · License #FL
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Apr 11 at 4:53AM
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 Goldstein Group
Investment Insights
Based on property information with market context.
This five-acre parcel has zoning approval for a multi-family rental or condominium development of 100–120 units. An attached site plan illustrates a 100-unit concept, and the plan indicates it can be adjusted to align with a buyer’s development approach.
The site is located in an extremely high-density, high-traffic area, approximately two blocks from US Highway 1, near the southern tip of the state and less than 30 miles from the Florida Keys (per the provided map). Access is identified via SW 7th Ave, with an extension planned by the county at its sole expense to reach SW 3rd Ave.
FL 997 runs nearly adjacent to the property and serves as a major north/south traffic artery, currently being widened to add additional travel and turning lanes in both directions, which is expected to increase the existing traffic capacity.
The site is located in an extremely high-density, high-traffic area, approximately two blocks from US Highway 1, near the southern tip of the state and less than 30 miles from the Florida Keys (per the provided map). Access is identified via SW 7th Ave, with an extension planned by the county at its sole expense to reach SW 3rd Ave.
FL 997 runs nearly adjacent to the property and serves as a major north/south traffic artery, currently being widened to add additional travel and turning lanes in both directions, which is expected to increase the existing traffic capacity.
Key Highlights
- 5‑acre lot approved for 100–120 multi‑family rental units or condominiums
- Attached site plan includes a 100‑unit concept and can be altered to match the buyer’s development concept
- Access via SW 7th Ave, with extension planned by the county to reach SW 3rd Ave
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
588
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Five-acre lot is approved for 100–120 multi-family units, with an adaptable site plan concept.
Where is this residential land & home lot located?
The property is located at 498 SW 7th Ave Florida City, FL.
What are key features of this property?
This property features: 5‑acre lot approved for 100–120 multi‑family rental units or condominiums; Attached site plan includes a 100‑unit concept and can be altered to match the buyer’s development concept; Access via SW 7th Ave, with extension planned by the county to reach SW 3rd Ave
