1427 NW 2nd Ave, Florida City, Florida 33034
MLS#: A11850691
$2,650,000 USD
Listed By Canvas Real Estate
The Commercial Property for Sale located at Florida City, Florida 33034 is currently for sale. Florida City, Florida 33034 is listed for $2,650,000. This property has Subdivision features. If the property located at Florida City, Florida 33034 isn't what you're looking for, visit https://www.sfpropertysearch.com to see other Commercial Properties for Sale in Florida City .
Date Updated : Aug 3, 2025
Property features
Key features
- Subdivision
Description
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.
Location
All real estate advertised herein is subject to the Federal Fair Housing Act, which makes it illegal to advertise "any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make any such preference, limitation, or discrimination." We will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.