1427 NW 2nd Ave, Florida City, FL 33034
Commercial Property
Built in ——
0.69acre lot
—— car garage
$——/sqft
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
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Laura C. Saunders Elementary School
505 SW 8th St, Homestead, FL, 33030
Grades PK-5
0.31 miles away
Lincoln-Marti Schools International Campus
103 E Lucy St, Homestead, FL, 33034
Grades KG-8
0.42 miles away
Charter High School of the Americas (Florida City Campus)
103 E Lucy St, Homestead, FL, 33034
Grades 9-12
0.42 miles away