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
Price:
$2,550,000
MLS #:
A11850691
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subdivision:
CORAL BAY MANOR
Neighborhood:
coralbaymanor
Listed Date:
Aug 2, 2025
Lot Size:
30,000 sqft / 0.69 acres (approx)
See this Listing
Schools
Interior
Exterior
Lot Features
Corner Lot, Less Than 1 Acre
Financial
Tax Year
2024
Taxes
$7,150
Map
Community
- Address1427 NW 2nd Ave Florida City FL
- SubdivisionCORAL BAY MANOR
- CityFlorida City
- CountyMiami-Dade County
- Zip Code33034
Market Summary
Current real estate data for Single Family in Florida City as of Apr 30, 2026
102
Single Family Listed
143
Avg DOM
280
Avg $ / SqFt
$696,864
Avg List Price
Property Summary
- Located in the CORAL BAY MANOR subdivision, 1427 NW 2nd Ave Florida City FL is a Single Family for sale in Florida City, FL, 33034. It is listed for $2,550,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space.The average price per square foot for Single Family listings in Florida City is $280. The average listing price for Single Family in Florida City is $696,864.
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