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1427 NW 2nd Ave, 
Florida City, FL 33034

$2,650,000


Bed


Bath


-

Sq Ft


0.69

Acres (Lot)


Land


Virtual Tour

Active

Listed by

Duriel Taylor

Canvas Real Estate

Last updated:

August 13, 2025, 09:56 AM

MLS#

A11850691

Source:

SEFMLS

About This Land

1427 NW 2nd Ave

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.

Land Facts

Description/Design:

Land

Lot Size (Acres)

0.69

MLS #:

A11850691

Last Updated:

August 13, 2025, 09:56 AM


Finances & Disclosures

Finances

Price:

$2,650,000

Source:SEFMLS
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.