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1427 NW 2nd Ave, Florida City, FL 33034

Florida City
Local realty services provided by:CENTURY 21 Circle
1427 NW 2nd Ave,Florida City, FL 33034
$1,999,999
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  • 0.69 Acres
  • Lots / Land
  • Active
Listed by: duriel taylor
Office: compass florida, llc.954-477-7332
MLS#:A11850691
Source:SEFMLS

Price summary

  • Price:$1,999,999

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

  • Subdivision & Development:CORAL BAY MANOR
  • Listing ID #:A11850691
  • Updated:August 01, 2026 at 09:50 AM

Structure and exterior

  • Lot area:0.69 Acres
  • Exterior Features:Security High Impact Doors

Utilities

  • Water:Public

Finances and disclosures

  • Price:$1,999,999
  • 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. SEFMLS Member Broker: David Cates

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