1427 NW 2nd Avenue, Florida City FL 33034 | Miami-Dade County | B26077350
- $2,399,000
- $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
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Address: 2nd
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City: Florida City
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Zip/Postal Code: 33034
Details
Updated on September 18, 2026 at 11:54 pm-
Property ID B26077350
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Price $2,399,000
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Bathroom 0
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Year Built 1961
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Property Status Active, Commercial Sale
Additional details
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Cooling Central Individual A/C, Central Air, Electric, Humidity Control, Ridge Vent/Turbines
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Heating Central Individual A/C, Central, Electric, Heat Strip, Heat Pump/Reverse Cycle
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Tax Year 2025
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Flooring Tile
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Inclusions Building Only, Business And Building
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Listing Terms All Cash, Conventional, Exchange, FHA, FHA 203K, Lease Purchase, Owner Will Carry, Owner Hold 2nd Mortgage, VA Loan
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Total Stories 1
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Waterfront No
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Association No
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Private Pool No
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Structure Type Shopping Center, Multi Family
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Parking Common, Free Parking, Guest, Shared Parking
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Annual Tax 7606
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Year Built Details Newly Updated/Renovated
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Building Area 5206
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Lot Size (Sq Ft) 30000
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New Construction No
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Construction Insulated, Plaster
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Maintenance Includes Maintenance Incl Bldg Exterior, Landscaping/Lawn Maintenance
Mortgage Calculator
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