1427 NW 2nd Ave, Florida City, FL 33034
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
Listed by:duriel taylor
Office:canvas real estate
MLS#:A11850691
Source:SEFMLS
Price summary
- Price:$2,650,000
About this home
Incredible value-add and development opportunity in a high-growth area! This 9-unit multifamily generates $7,971/month at 97% occupancy, offering strong cash flow. Includes a $300K transferable Affordable Housing Grant and $80K in recent capital improvements, Brand new roof (2025), impact windows (2025), and doors (2025). Additional: 24,000 SF adjacent vacant lot approved for 30 units, ideal for portfolio expansion or ground-up development. Zoned for flexibility and positioned for future growth. Rare opportunity for investors seeking stable income, upside potential, or both. Remarks are not guaranteed and should not be relied upon as representations or warranties, express or implied.
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Home facts
- Listing Id #:A11850691
- Updated:August 15, 2025 at 09:55 AM
Structure and exterior
- Lot area:0.69 Acres
Utilities
- Water:Public
Finances and disclosures
- Price:$2,650,000
- Tax amount:$7,150 (2024)
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