Multi Family for sale
$2,399,000
1427 NW 2nd AvenueFlorida City, FL 33034
- 30,000 Lot sq ft
- 1961 Built
About this home
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.
Details
- MLS #
- B26077350
- Property type
- Multi Family
- Status
- Active
- Days on market
- 37
- County
- Miami-Dade County
- Property taxes
- $7,606 (2025)
- Waterfront
- No
- Private pool
- No
- Cooling
- Central Individual A/C, Central Air, Electric, Humidity Control, Ridge Vent/Turbines, Wall/Window Unit(s)
- Interior features
- Fire Sprinklers
- Exterior features
- Room For Pool
Location
Estimated payment
$12,764/mo with 20% down at 6.5% for 30 years, including taxes, before insurance.
Adjust in the mortgage calculatorListing courtesy of Real Broker, LLC · Richard M DiPietro. Listing last updated October 23, 2026 10:49 AM.
