0 Baths
5,206 sqft
$2,399,000
1427 NW 2nd Avenue, Florida City FL
Price per sqft$460.81
Built in1961
Property size5,206 sqft
Property typeCommercial
Overview
Active
Listed Sep 17, 2026
Updated 2h ago
4 lot portfolio. 9 unit building with parking on a 12k SF lot produces $14.45k per month in actual rent. 3 platted lots sit on the same block, bringing the site to 30k SF / 0.69 acres under uniform 3000 Multi-Family General zoning. Actual rents $14.45k monthly $173.4k GPI. OpEx $19.3k. NOI $154.1k. Mix: two 2bed 2bath, two 2bed 1bath, four 1bed 1bath, one efficiency. RM-20 research allows 11 additional residential units on this vacant land, 4 stories, parking of 1.25 to 1.5 spaces per unit, and 45% lot coverage. Potential rezoning due to nearby transit stop can add additional units. Upgrades include: new roof, impact windows and doors, updated 220 electric, full sprinkler. Interior reno includes new tile, appliances, and cosmetics. Request the Offering Memo for additional information.
Other Property Details
- Taxes
- $7,606
- Tax Frequency
- Annually
- Maintenance Expense
- $1,350
- Pool
- Yes
Listed with Real Broker LLC
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Data last updated 3:53 AM UTC, 10/11/2026
