$18,000,000

75 W Palm Dr Florida City, FL 33034

Estimated payment $102,517/month

Total Views 7,258
4.5 Acres
$4,000,000 Price per Acre
196,020 Sq Ft Lot

Highlights

  • 4.5 Acre Lot
  • Corner Lot
  • 3-minute walk to Community Center Park

About This Lot

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.

Listing Agent

Camilo Perez

Home Sold Realty LLC License #3467504

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $26,922

Year Built

  • 1955

Lot Details

  • 4.5 Acre Lot
  • East Facing Home
  • Corner Lot
  • Paved or Partially Paved Lot
  • 3 Lots in the community
  • Site Plan Filed
  • Property is zoned 7000

Location

  • City Lot

Community Details

  • Industrial Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 16-78-25-003-0010

Property Details

Property Type

Land

Est. Annual Taxes

$26,922

Year Built

1955

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Residential
  • Property Sub Type Additional: Residential
  • Directions: The prime corner of 344th Street/Palm Drive and Krome Avenue/177th Avenue. Adjacent to Lennar Homes with active multifamily residential development.
  • Special Features: VirtualTour
  • Year Built (Public Record): 1955

Exterior Features

  • Lot Features: Corner Lot, City Lot, Other
  • Road Surface Type: Paved
  • Waterfront: No
  • Direction Faces: East

Utilities

  • Sewer: Not Connected (at lot), Public Sewer
  • Utilities: Sewer Available
  • Water Source: Public

Lot Info

  • Parcel #: 16-78-25-003-0010
  • Development Status: Other, Site Plan Filed
  • Lot Size Acres: 4.5
  • Lot Size: 196,020
  • Lot Size Sq Ft: 196020.0
  • Number Of Lots: 3
  • Additional Parcels Description: 16-7825-000-0280,
  • Zoning Description: 7000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 26922.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $114,948 $371,930 -- --
2023 $114,948 $3,707,000 $0 $0
2022 $74,356 $3,370,000 $2,376,798 $993,202
2021 $66,079 $3,164,477 $0 $0
2020 $66,234 $3,370,000 $2,376,798 $993,202
2019 $67,655 $3,370,000 $2,376,798 $993,202
2018 $61,070 $3,150,000 $1,980,665 $1,169,335
2017 $57,186 $2,295,112 $0 $0
2016 $56,745 $2,197,393 $0 $0
2015 $62,000 $2,462,664 $0 $0
2014 $64,242 $2,238,786 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 For Sale $18,000,000 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

Deed History

Date Type Sale Price Title Company
Special Warranty Deed $12,500,000 Gutierrez Bergman Boulris Pllc
Quit Claim Deed -- Gutierrez Bergman Boulris Pllc
Quit Claim Deed -- Attorney
Quit Claim Deed -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $8,125,000 New Conventional
Source: Public Records

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10498712

BeachesMLS (Greater Fort Lauderdale)

APN: 16-7825-003-0010