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Active Commercial Land
$1,999,999 ↓ −$650,001 (24.5%)
1427 NW 2nd Ave, Florida City FL 33034, Florida City, FL 33034
0 Beds
Bedrooms
0 Baths
Bathrooms
— sqft
Living Area
Year Built

About This Property

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!

Property Details

Property Type Commercial Land
Days on Market 358 days
HOA Fee None
Parking — spaces
Pool No
Waterfront No
Community CORAL BAY MANOR
Pets Allowed

Assigned Schools

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School Grades Address Report Card
Saunders, Laura C. Elementary
Elementary 305-247-3933
PK-5
505 SW 8 St., Homestead, FL 33030
Homestead Middle
Middle 305-247-4221
6-8
650 NW 2 Ave., Homestead, FL 33030
Homestead Senior High
High School 305-245-7000
9-12
2351 SE 12 Ave., Homestead, FL 33034

Source: County GIS attendance zone boundaries. Assignments are based on property location and may change. Use Miami-Dade County Public Schools's official locator to confirm.

Location

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Dayron Crespo
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