Alina Davis - Coldwell Banker Logo
$2,399,000
 $12,878 est/mo Sourced by Back At You

1427 NW 2nd Avenue,Florida City, FL 33034

Florida City, FL 33034

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Description

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.

Details

MLS #B26077350
Listing TypeFor Sale
Building Name1427
Sub-TypeResale
StatusActive
Year1961
Days On Site30
Listing Provided ByReal Broker, LLC | Richard M DiPietro

Features

SQ Feet5,206
Story(s)1
Units9
Building(s)1
Zoning3000
Acreage0.69

Exterior

Lot FeaturesLess Than One Acre, Corner Lot, Sprinklers Automatic, Sprinkler System

Parking

Parking FeaturesCommon, Free Parking, Guest

Taxes

Tax Annual Amount7606

Area Information

StateFL
CountyMiami Dade
CityFlorida City
Zip Code33034
Area78
Listing VS Median (in 33034)
Price:
$2,399,000
low | high
Med:
$350,000
100% of Average
sqft:
5,206
low | high
Med:
1,335
100% of Average
$ / sqft:
$461
low | high
Med:
$262
93.106756404432% of Average
On site:
30
low | high
Med:
145
20.689655172414% of Average
Sourced by Back At You

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Contact

Learn More About This Property

Alina Davis

Alina Davis

Coldwell Banker Schmitt

SL3216995Elite Agent Circle, Commercial, Global Luxury (305) 393-0541alina@yourflkeysagent.com
StateFL
CountyMiami Dade
CityFlorida City
Zip Code33034
Area78
Listing VS Median (in 33034)
Price:
$2,399,000
low | high
Med:
$350,000
100% of Average
sqft:
5,206
low | high
Med:
1,335
100% of Average
$ / sqft:
$461
low | high
Med:
$262
93.106756404432% of Average
On site:
30
low | high
Med:
145
20.689655172414% of Average
Sourced by Back At You
Listing Updated: October 15, 2026 at 8:52:57 PM PDT

Alina Davis - Coldwell Banker