1427 NW 2nd Ave, Florida City FL 33034, Florida City, Miami-Dade County, Commercial Land
- $2,650,000
Overview
Description
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.
Address
Open on Google Maps-
Address: 2nd Ave
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City: Florida City
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State/county: Miami-Dade County
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Zip/Postal Code: 33034
Details
Updated on August 3, 2025 at 10:43 am-
Property ID A11850691
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Price $2,650,000
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Land Area 0.69 Square Feet
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Property Status Commercial Land