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!

Features
Sewer
Address Map
State:
FL
County:
Miami-Dade
City:
Florida City
Zipcode:
33034
Street:
1427 Nw 2nd Ave, Florida City, Florida 33034
Longitude:
W81° 31' 12.3''
Latitude:
N25° 27' 38.4''
MLS Addon
Cumulative DOM:
193
DOM:
193
Exterior Features
Internet Address Display:
1
Internet Listing Display:
1
Listing Terms:
Cash,Conventional,Cryptocurrency,Owner May Carry
Lot Features
LotSize Dimensions:
90x80
Parcel Number:
16-78-24-020-0550
Subdivision Name:
CORAL BAY MANOR
Tax Annual Amount:
$7,150
Tax Year:
2024
Utilities
Virtual Tour:
Click Here

Land For Sale

1427 Nw 2nd Ave, Florida City, Florida 33034, Florida City, Florida 33034

30,000 Sqft
$2,550,000
MLS # #A11850691
Basic Details
Property Type :
Land
Listing Type :
For Sale
Price :
$2,550,000
Lot Area :
30,000 Sqft
MLS # :
A11850691
Agent info
Contact Agent