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Four-Unit Townhome Portfolio
For Sale
$1,600,000

1148 SE 2nd St, Florida City, FL 33034

For-sale four separately owned, detached townhome units sold together with 100% occupancy.

Property Size1,615 SF
Days on Market177

Property Features for 1148 SE 2nd St

General Information

Standard status Active
Size 1,615 SF
Property subtype Quadruplex
Occupancy 100%

Additional Details

Cap Rate 6.48%
Highway Access Yes
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $7,601

Building Details

Building Size 1,615 SF
Year Built 2025
Listing Agency: Samour Realty
Listed By: Arturo Bendek · License #3454121
Source: Relinkre
Added: Mar 14 Changed: Sep 3 Last Checked: Sep 5 at 5:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Samour Realty

Investment Insights

Based on property information with market context.

This offering is a rare four-unit townhome portfolio in Florida City, consisting of four detached townhome units on individual folios (parcels). The units are not attached to each other and are fully leased and described as well-maintained, providing immediate stabilized occupancy with 100% occupancy and a proven rent roll.

The portfolio is positioned near the Florida Turnpike and US-1 in the southernmost municipality in Miami-Dade County. The property is presented as being supported by workforce housing demand due to proximity to Homestead employment corridors, Everglades National Park, and the Florida Keys.

Sold together as a single commercial investment deal, this portfolio is currently associated with a 6.48% cap rate, with each unit maintained on its own folio.

Key Highlights

  • Four detached townhome units sold together as a single portfolio, with each unit on its own folio
  • All units fully leased with 100% occupancy
  • Year built: 2025

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Carpet & Flooring Store Locksmith Catering Service Accounting Firm Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

574
Businesses Nearby

Demographics for 33034, FL

22,850
Population
6,631
Households
3.4
Avg Household Size
34
Median Age
9%
College-Educated
65%
High-School Grad
1,173.1 sq mi
ZIP Area
19
Density / Sq Mi
$46,404
Median Household Income
$31,712
Median Earnings
$1,283
Median Rent
$310,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - For-sale four separately owned, detached townhome units sold together with 100% occupancy.
Where is this quadplex located?
The property is located at 1148 SE 2nd St Florida City, FL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Four detached townhome units sold together as a single portfolio, with each unit on its own folio; All units fully leased with 100% occupancy; Year built: 2025
More about this property
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