$1,999,999

1427 NW 2nd Avenue, Florida City, FL 33034

Land
Built in ——
0.69acre lot
—— car garage
$——/sqft
Listed 0 years ago

Property 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. Seller Financing Available!

Listing Status:: Active
Date Added:: August 3, 2025
Data Last Updated:: July 31, 2026 at 6:18AM
Listing Office:: Compass Florida, LLC : 954-477-7332
Listing Agent:: Duriel Taylor : 954-439-8865
MLS ID:: A11850691

Road/Access: Public Road
Originating MLS: BEACH_MIAMI
County: Miami-Dade

Zoning: 300024 57 38 CORAL BAY MANOR PB 57-40 LOTS 14 & 15 BLK 3 LOT SIZE12000 SQ FT M/L1678240200550
Current Use: Multi-FamilyUnimproved

Utilities: Electricity AvailableNoneSewer AvailableSewer Not Available
Water: Public

Source: BEACH_MIAMI

This listing courtesy of Duriel Taylor , Compass Florida, LLC

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$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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