1427 NW 2nd Ave, Florida City, FL 33034

Local realty services provided by:Better Homes and Gardens Real Estate Destinations
1427 NW 2nd Ave,Florida City, FL 33034
$2,550,000
Virtual Tour
  • 0.69 Acres
  • Lots / Land
  • Active
Listed by:duriel taylor
Office:canvas real estate
MLS#:A11850691
Source:SEFMLS

Price summary

  • Price:$2,550,000

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. Seller Financing Available!

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Home facts

  • Listing ID #:A11850691
  • Updated:September 24, 2025 at 10:53 PM

Structure and exterior

  • Lot area:0.69 Acres

Utilities

  • Water:Public

Finances and disclosures

  • Price:$2,550,000
  • Tax amount:$7,150 (2024)
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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