1427 NW 2nd Ave, Florida City FL 33034 — #A11850691
  • $2,550,000

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!

This listing is courtesy of Compass Florida, LLC

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Overview

  • Commercial Land
    Type
  • sqft
    Area Size
  • A11850691
    Property ID

Details

Updated on June 6, 2026 at 8:01 pm
  • Property ID A11850691
  • Price $2,550,000
  • Type Commercial Land
  • Property Status For Sale
  • Address: 1427 NW 2nd Ave
  • City: Florida City
  • State/county: Florida
  • Zip/Postal Code: 33034
  • Area: CORAL BAY MANOR
  • Country: United States

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1427 NW 2nd Ave, Florida City FL 33034 — #A11850691

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