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1427 NW 2nd Ave, Florida City FL 33034

Commercial Land

1427 2nd Ave

Florida City, FL 33034

ML#:A11850691
List Price:$2,550,000
Status:Active
Days on Market:193
Listing Brkr:Compass Florida, LLC
Subdivision:CORAL BAY MANOR
Bedrooms:0
Baths:0
SqFt (Liv):
Lot Size:0.69 acres
Year Built:
Stories:

General Information

Type Property:Commercial Land
Style:
Pool:
Garage Spaces:0
Parking:

Location Information

County:Miami-Dade County
Zip:33034
Subdivision:CORAL BAY MANOR
Latitude:25.460697
Longitude:-80.479927

Financial Information

Annual Taxes (2024):$7,150
Original Price:$2,650,000
Days on Market:193

Remarks

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!

Listing Agent

Duriel Taylor

Compass Florida, LLC

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 833-0020

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