$2,650,000

1427 NW 2nd Ave, Florida City, FL 33034

  • Property Icon Commercial Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.69acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 8 days 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.

Listing Status:
Active
Date Added:
August 2, 2025 at 05:00AM
Listing Office:
Canvas Real Estate : 954-880-2550
Listing Agent:
Duriel Taylor : 954-439-8865
MLS ID:
A11850691
  • Road/Access: Public Road
  • Originating MLS: Miami Association of REALTORS®
  • County: Miami-Dade County

This listing courtesy of Duriel Taylor, Canvas Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Laura C. Saunders Elementary School

505 SW 8th St, Homestead, FL, 33030

Grades PK-5

0.31 miles away

L

Lincoln-Marti Schools International Campus

103 E Lucy St, Homestead, FL, 33034

Grades KG-8

0.42 miles away

C

Charter High School of the Americas (Florida City Campus)

103 E Lucy St, Homestead, FL, 33034

Grades 9-12

0.42 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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