1148 SE 2nd St, Florida City FL 33034 | Miami-Dade County | A11982910
- $1,600,000
- Quadruplex
- 1615 Square Feet
- $1,600,000
Description
Rare four-unit townhome portfolio in Florida City, Florida — the southernmost municipality in Miami-Dade County. This package offering consists of four separate townhome units on individual folios (parcels), sold together as a single commercial investment deal. The units are not attached to each other and are fully leased, well-maintained, and deliver immediate, stabilized cash flow.With 100% occupancy, a proven rent roll, and a current cap rate of 6.48%, this asset is primed to deliver strong risk-adjusted returns from day one.Strategically positioned near the Florida Turnpike and US-1, the properties benefit from robust workforce housing demand driven by proximity to Homestead employment corridors, Everglades National Park, and the Florida Keys. With rental growth momentum throughout South Florida’s most affordable submarkets, this portfolio of detached townhomes represents a compelling acquisition opportunity for value-add and income investors alike.
Address
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Address: 2nd St
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City: Florida City
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State/county: Miami-Dade County
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Zip/Postal Code: 33034
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Area: LE Jardin
Details
Updated on March 16, 2026 at 2:39 am-
Property ID A11982910
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Price $1,600,000
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Property Size 1615 Square Feet
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Year Built 2025
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Type Quadruplex
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Property Status Residential Income
Additional details
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ArchitecturalStyle Attached
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AssociationFee 211
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AssociationFeeFrequency Monthly
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BuildingAreaTotal 1615
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BuildingAreaUnits Square Feet
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BuildingName LE Jardin
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ConstructionMaterials CBS Construction
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ContractStatusChangeDate 2026-03-14
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Cooling Central Air
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DaysOnMarket 1
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DocumentsAvailable Deposit - Security
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ExpirationDate 2026-12-31
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Flooring Carpet, Tile
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Heating Central
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InternetAddressDisplayYN 1
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InternetEntireListingDisplayYN 1
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ListAOR A-Miami Association of REALTORS
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ListAgentDirectPhone 305-606-2879
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ListingTerms All Cash, Conventional
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LotFeatures Less Than 1/4 Acre Lot
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LotSizeSquareFeet 0
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MLSAreaMajor Le Jardin
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MajorChangeTimestamp March 14, 2026 at 03:00pm
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MajorChangeType New
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MlsStatus Active
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ModificationTimestamp March 16, 2026 at 12:06am
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NetOperatingIncome 103718
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NumberOfUnitsInCommunity 4
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OnMarketDate 2026-03-14
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OperatingExpense 17757
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OriginalEntryTimestamp March 14, 2026 at 03:00pm
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OriginalListPrice 1600000
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OriginatingSystemID miamire
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OriginatingSystemKey miamire
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OriginatingSystemName Miami Association of REALTORS®
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OtherExpense 0
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ParcelNumber 16-79-30-004-4590
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ParkingTotal 2
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PhotosChangeTimestamp March 14, 2026 at 03:01pm
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PhotosCount 28
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PostalCodePlus4 5783
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PriceChangeTimestamp March 14, 2026 at 02:55pm
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PropertyCondition New Construction
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PublicSurveyRange 79
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PublicSurveySection 30
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PublicSurveyTownship 79
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RentIncludes Hot Water, Sewer, Trash Collection, Water
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Roof Barrel Roof
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Sewer Public Sewer
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ShowingContactType Agent
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ShowingInstructions 24 Hour Notice, Appointment Only, Call Listing Agent
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SourceSystemKey 442159453
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StateOrProvince FL
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StatusChangeTimestamp March 14, 2026 at 03:00pm
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Stories 2
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StoriesTotal 2
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StreetDirPrefix SE
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StreetName 2nd St
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StreetNumber 1148
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StreetNumberNumeric 1148
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StructureType Quadruplex, Fourplex
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SyndicationRemarks Rare four-unit townhome portfolio in Florida City, Florida — the southernmost municipality in Miami-Dade County. This package offering consists of four separate townhome units on individual folios (parcels), sold together as a single commercial investment deal. The units are not attached to each other and are fully leased, well-maintained, and deliver immediate, stabilized cash flow.With 100% occupancy, a proven rent roll, and a current cap rate of 6.48%, this asset is primed to deliver strong risk-adjusted returns from day one.Strategically positioned near the Florida Turnpike and US-1, the properties benefit from robust workforce housing demand driven by proximity to Homestead employment corridors, Everglades National Park, and the Florida Keys. With rental growth momentum throughout South Florida's most affordable submarkets, this portfolio of detached townhomes represents a compelling acquisition opportunity for value-add and income investors alike.
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TaxAnnualAmount 7601
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TaxLegalDescription ST GERMAIN ASSEMBLAGE PB 178-072 T-25075 LOT 8 BLK 43 LOT SIZE 1748 SQ FT M/L FAU 16-7930-001-0010 -0020 -0150 -0160 & -0170
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TaxYear 2025
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TotalActualRent 121476
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YearBuiltDetails New Construction
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Zoning 9300
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