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$2,250,000

1427 NW 2nd Ave, Florida City FL 33034

Florida City, FL 33034

Florida City

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About This Property

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!

Property Details

Property Type Commercial Land
Status Active
Lot Size 30,000 sq ft
Days on Market 348
MLS # 801c0742d87a3c6f2188f1fcb27309d7