1427 NW 2nd Avenue
Florida City, FL 33034
0.69Acre(Lot)
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
Map
Map
What's Nearby
Nearby Areas
Features
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Lot Information
Lot Dimensions: 9000 Lot Size Acres: 0.69 Lot Size Square Feet: 30,000 Lot Description: CornerLotProperty Information
Subdivision: CORAL BAY MANOR Source Property Type: Land Postal Code Plus 4: 2280 Property SubType: Unimproved Land
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Listing Price Information
Listing Price: $2250000Original Price: $2650000Cash, Conventional, Cryptocurrency, OwnerWillCarry
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Tax Information
Parcel Number: 1678240200550 Tax Year: 2024 Annual Tax: $7150 Tax Legal Desc: 24 57 38 CORAL BAY MANOR PB 57-40 LOTS 14 & 15 BLK 3 LOT SIZE12000 SQ FT M/L
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School Information
Elementary School: Laura C. Saunders Junior High School: Homestead Senior High School: Homestead -
Utility Information
ElectricityAvailable, None, SewerAvailable, SewerNotAvailable -
Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Us1, Florida City, FL, 33034 | $14,500 | -- | -- | -- | 30,056 Sqft(Lot) |
| 15900 SW 408 Street, Florida City, FL, 33034 | $62,500 | -- | -- | -- | Acres (Lot)-- |
| 352XX S Dixie Highway, Florida City, FL, 33034 | $12,500,000 | -- | -- | -- | Acres (Lot)-- |
| SW 344 ST SW 344 St Xx .., Florida City, FL, 33034 | $650,000 | -- | -- | -- | Acres (Lot)-- |
| US1 Us1, Florida City, FL, 33034 | $14,500 | -- | -- | -- | Acres (Lot)-- |
| 41 N Krome Avenue, Florida City, FL, 33034 | $3,990,000 | -- | -- | -- | Acres (Lot)-- |
| Davis Parkway, Florida City, FL, 33034 | $2,500,000 | -- | -- | -- | Acres (Lot)-- |
| 21200 SW 401 St Street, Florida City, FL, 33034 | $995,000 | -- | -- | -- | Acres (Lot)-- |
| Factory Shops Boulevard, Florida City, FL, 33034 | $7,500,000 | -- | -- | -- | Acres (Lot)-- |
| 601 NW 3rd Avenue, Florida City, FL, 33034 | $7,500,000 | -- | -- | -- | Acres (Lot)-- |
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ByOwner last updated this listing 07/20/2026 @ 03:14
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