1427 NW 2nd Ave, Florida City, FL 33034
Local realty services provided by:First Service Realty ERA Powered
Listed by: duriel taylor
Office: compass florida, llc.954-477-7332
MLS#:A11850691
Source:SEFMLS
Price summary
- Price:$2,550,000
About this home
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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Home facts
- Listing ID #:A11850691
- Updated:July 10, 2026 at 10:14 AM
Structure and exterior
- Lot area:0.69 Acres
- Exterior Features:Security High Impact Doors
Utilities
- Water:Public
Finances and disclosures
- Price:$2,550,000
- Tax amount:$7,150 (2024)
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