1427 NW 2nd Avenue, Florida City, FL
Florida City, FL
$2,399,000
Listing courtesy of Real Broker, LLC
0 ba
0
Bathrooms
0.69 acres
Lot size
1961
Year built
About 1427 NW 2nd Avenue, Florida City, FL
4 lot portfolio. 9 unit building with parking on a 12k SF lot produces $14.45k per month in actual rent. 3 platted lots sit on the same block, bringing the site to 30k SF / 0.69 acres under uniform 3000 Multi-Family General zoning. Actual rents $14.45k monthly $173.4k GPI. OpEx $19.3k. NOI $154.1k. Mix: two 2bed 2bath, two 2bed 1bath, four 1bed 1bath, one efficiency. RM-20 research allows 11 additional residential units on this vacant land, 4 stories, parking of 1.25 to 1.5 spaces per unit, and 45% lot coverage. Potential rezoning due to nearby transit stop can add additional units. Upgrades include: new roof, impact windows and doors, updated 220 electric, full sprinkler. Interior reno includes new tile, appliances, and cosmetics. Request the Offering Memo for additional information.
Property
Property Type
Multi Family
Status
for-sale
Price
$2399000
Interior
Bathrooms
0
Exterior & Lot
Lot Size
0.69 acres
Year Built
1961
Finance & HOA
Original List Price
$2399000
Property Details
Property
Interior
Exterior & Lot
Finance, Tax & HOA
Price & status history
Utilities & Green
Location
Additional Information
Tours & Media
Virtual tours
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Frequently asked questions
How many bathrooms does this home have?+
This home has 0 bathrooms.
How much does this home cost?+
This home is listed at $2399000.
What type of property is this?+
This is a multi family listing.
When was this home built?+
This home was built in 1961.
How large is the lot?+
The lot size is 0.69 acres.
Where is this home located?+
This home is located in Florida City, FL.
Contact about this property
Lily
Mutti Real Estate
FL Lic. #3214903
Listing office contact: 855-450-0442
MLS# B26077350 · Last updated Oct 26, 2026