1427 NW 2nd Ave, Florida City, FL 33034

Listing office Compass Florida LLC d***@gmail.com Show Phone

Listing date Mar 10, 2026

Source Elliman

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Overview

This nine-unit multifamily property generates $7,971 per month with 97% occupancy, offering cash flow. The property includes a $300,000 transferable Affordable Housing Grant and $80,000 in recent capital improvements. A new roof, impact windows, and doors are planned for 2025. An adjacent 24,000 square foot vacant lot is approved for 30 units, suitable for portfolio expansion or ground-up development. The property is zoned for flexibility and positioned for future growth. Seller financing is available.

Suggested Use

Carpet & Flooring Store Catering Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Restaurant Veterinary Clinic (Bike/Boat/Book/etc) Store Restaurant Fish Market Florist

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Florida City

County

Miami-Dade

State

Florida

Longitude

-80.4807

Latitude

25.4606

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FAQs

What type of property is this?

Apartment building - Nine-unit multifamily property with development potential in high-growth area.

Where is this apartment building located?

The property is located at 1427 NW 2nd Ave Florida City, FL.

What is the asking price?

The asking price for this property is $2,550,000.

What are key features of this property?

This property features: High‑growth area with a 9‑unit multifamily property generating $7,971/month at 97% occupancy, offering strong cash flow.; Includes a **$300K transferable Affordable Housing Grant**.; **24,000 SF adjacent vacant lot approved for 30 units**, ideal for development.