0.69 ac Unimproved Land at 1427 NW 2nd Avenue
1427 NW 2nd Avenue, Florida City, FL 33034
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!
Nearby Synagogues & Location
No synagogues within 1.5 miles — see the map below for the surrounding area.
Listed on ShulSearch · No fees to inquire
Listed by: Duriel Taylor 954-439-8865, Compass Florida, LLC
Source: MIAMI REALTORS® MLS · MLS# A11850691
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About this 0-bedroom home in Florida City
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