1
  • 0
  • Bathroom
  • Sq Ft
  • Area Size
1427 NW 2nd Avenue, Florida City FL 33034 | Miami-Dade County | B26077350
  • $2,399,000

Description

4 lot portfolio. 9 unit building with parking on a 12k SF lot produces $14.45k per month in actual rent. 3 platted lots sit on the same block, bringing the site to 30k SF / 0.69 acres under uniform 3000 Multi-Family General zoning. Actual rents $14.45k monthly $173.4k GPI. OpEx $19.3k. NOI $154.1k. Mix: two 2bed 2bath, two 2bed 1bath, four 1bed 1bath, one efficiency. RM-20 research allows 11 additional residential units on this vacant land, 4 stories, parking of 1.25 to 1.5 spaces per unit, and 45% lot coverage. Potential rezoning due to nearby transit stop can add additional units. Upgrades include: new roof, impact windows and doors, updated 220 electric, full sprinkler. Interior reno includes new tile, appliances, and cosmetics. Request the Offering Memo for additional information.

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  • Address: 2nd
  • City: Florida City
  • Zip/Postal Code: 33034

Details

Updated on September 18, 2026 at 11:54 pm
  • Property ID B26077350
  • Price $2,399,000
  • Bathroom 0
  • Year Built 1961
  • Property Status Active, Commercial Sale

Additional details

  • Cooling Central Individual A/C, Central Air, Electric, Humidity Control, Ridge Vent/Turbines
  • Heating Central Individual A/C, Central, Electric, Heat Strip, Heat Pump/Reverse Cycle
  • Tax Year 2025
  • Flooring Tile
  • Inclusions Building Only, Business And Building
  • Listing Terms All Cash, Conventional, Exchange, FHA, FHA 203K, Lease Purchase, Owner Will Carry, Owner Hold 2nd Mortgage, VA Loan
  • Total Stories 1
  • Waterfront No
  • Association No
  • Private Pool No
  • Structure Type Shopping Center, Multi Family
  • Parking Common, Free Parking, Guest, Shared Parking
  • Annual Tax 7606
  • Year Built Details Newly Updated/Renovated
  • Building Area 5206
  • Lot Size (Sq Ft) 30000
  • New Construction No
  • Construction Insulated, Plaster
  • Maintenance Includes Maintenance Incl Bldg Exterior, Landscaping/Lawn Maintenance

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