1405 NW 2nd Ct # 8, Florida City FL 33034

Closed

$980,000

2.00%

Est. Payment $5,216/mo

MLS Sheet Video

1956

Year Built

2

Stories

53

Days on Market

Description

Well Managed 8 unit building in Florida City. 100% OCCUPIED ALL UNITS ARE RENTED. Each unit full 1 bedroom-1 bath NOT STUDIOS. Tenants pay for Water and Electricity the owner only pays for Trash, insurance, and Taxes. 50% of units have been renovated (new kitchen granite countertops, appliances, and bathrooms) Free laundry for tenants. Will gross $8K+ per month at a 7.8% cap rate.

Facts

MLS#
A11059783
Subdivision
Property Type
Commercial Sale
Property Sub Type
Income/MultiFamily
Year Built
1956
Lot Size
6,000 ft²
Sq. Ft.
Sq. Mt.
Price per sq. ft.
Price per sq. mt.
Stories
2
Garage
Pool
Days on Market
53 days
Listed
Jun 20, 2021
Last Updated
Nov 25, 2021
Price/Lot Sq.Ft.
$163/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Florida City

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

44

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

11/25/2021Sold$980,000
7/19/2021Price change$980,000-2.0%
6/20/2021Listed for sale$1,000,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

1405 NW 2nd Ct # 8, Florida City FL 33034Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$6,183/mo

Principal & Interest

$5,216

Property Tax

$817

Insurance

$150

HOA

$0

20% ($196,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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