Florida City Place
Multifamily | 191 Units
Marketing description
Cushman & Wakefield is pleased to present Florida City Place. Comprising approximately five acres, the site has approved Planned Unit Development (PUD) zoning and has secured Final Site Plan Approval from the City of Florida City for a mixed-use program of 191 residential units and approximately 12,600 square feet of ground-floor commercial space.
The opportunity offers an incoming developer an exceptional combination of scale, entitlement certainty, and execution-readiness. With the land fully assembled and the program approved, Florida City Place is positioned to advance directly into final platting and vertical construction — bypassing the multi-year assemblage and entitlement runway that typically front-loads ground-up development in South Florida. In a submarket defined by sustained population growth, 96% occupancy, and a persistent shortage of approved sites, the asset represents a rare opportunity for institutional-scale multifamily and mixed-use development.
Investment highlights
- The City of Florida City has granted Final Site Plan Approval for 191 residential units and ±12,600 SF of commercial space, backed by a complete, agency-reviewed plan set from Zubillaga Design, Inc.
- Approved Planned Unit Development zoning provides entitlement certainty and a flexible framework for the approved mixed-use program.
- Unity of Title Complete. A recorded Unity of Title combines a former 36-parcel assemblage into one contiguous ±5-acre site, delivering a clean land position with no remaining acquisition or consolidation risk.
- With land assembled, zoning approved, and the site plan finalized, the project moves directly into final platting and vertical development.
- 191 units plus commercial frontage on five acres delivers institutional-scale density in one of mainland Miami-Dade's fastest-growing, most under-supplied corridors.
- The approved mix is weighted toward larger two- and three-bedroom layouts, aligning with the deepest and best-occupied segment of submarket demand.
- The project benefits from City impact fee credits for previously existing (since-demolished) residential square footage, a City commitment to assist in securing $1,092,308 in Miami-Dade County funding via the Building Better Communities GO Bond program (Project No. 249, Resolution R-232-12), and expedited permitting and rezoning — collectively de-risking the entitlement path and reducing development costs.
- Direct access to US-1 and the Florida Turnpike Extension positions the site at the gateway between Miami-Dade, the Florida Keys, and Everglades National Park.
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