1427 NW 2nd Avenue, Florida City, FL 33034
- $1,999,999
- List Price
- $1,999,999
- Price Change
- ▼ $250,001 1785094376
- Days on Market
- 362
- MLS#
- A11850691
- Lot Size
- 30,000
- Subtype
- Unimproved Land
- County
- Miami-Dade
- Subdivision
- Coral Bay Manor
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. Seller Financing Available!
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Additional Information
- Lot Description
- Corner Lot
- Taxes
- $7,150
- Utilities
- Electricity Available, None, Sewer Available, Sewer Not Available
- Acres
- 0.69
- Lot Description
- Corner Lot
- Elementary School
- Laura C. Saunders
- Middle School
- Homestead
- High School
- Homestead
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Listing courtesy of Compass Florida, LLC. Contact:
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Duriel Taylor | Email: dtaylorestate@gmail.com