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$1,999,999
$6,000Reward *
1427 NW 2nd Ave, Florida City, FL 33034Listing ID A11850691

1427 NW 2nd Ave, Florida City, FL 33034

Active
CORAL BAY MANOR
Last updated: Jul 26, 2026
Property Type
Property Type
Land
Property Sub Type
Property Sub Type
-
Acres
Acres
0.69
Days on Site
Days on Site
379

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 Information

Property Details

Location

Address
1427 NW 2nd Ave
County
Miami-Dade
City
Florida City
Zip Code
33034
Subdivision
CORAL BAY MANOR
MLS Area
78

Building

Property Features

Exterior Features
Security/High Impact Doors

Property Taxes

Tax Annual Amount
$7,150
Tax Year
2024
Compass Florida, LLC, (954) 477-7332

Market Report for 33034

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Miami Association of REALTORs
Miami Association of REALTORs logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

For corrections to this data please contact Brytecore MLS Support.

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