$1,999,999
↓ Reduced 25%1427 NW 2nd Ave, Florida City FL 33034
Florida City, FL, 33034
- Lot Size
- 0.69 acres
- Annual Taxes
- $7,150/yr
- MLS #
- A11850691
Listing courtesy of Compass Florida, LLC · 954-439-8865
Listed by Duriel Taylor
Last updated: Jul 26, 2026
Overview
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!
est.$10,709/mo
Est. payment based on a $1,999,999 home price.
Estimate includes principal & interest, property tax and HOA where known — it excludes insurance, PMI, flood/wind, CDD and special assessments. For information only; actual amounts vary.
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