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.
Listing Provided Courtesy of Real Broker, LLC at 855-450-0442
Property Details
Price:
$2,399,000
MLS #:
B26077350
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Multi Family
Neighborhood:
2780
Listed Date:
Sep 17, 2026
Total Sq Ft:
5,206
Lot Size:
1,306,800,000 sqft / 0.69 acres (approx)
Year Built:
1961
See this Listing
Schools
Interior
Cooling
Central Air, Central Individual, Electric, ENERGY STAR Qualified Equipment, Heat Pump, Humidity Control, Ridge Vent(s), Wall/Window Unit(s)
Flooring
Tile
Heating
Central, Central Individual, Electric, Heat Pump, Heat Strip, Separate Meters
Exterior
Construction Materials
Concrete Block – With Stucco, Stucco
Fencing
Fenced
Lot Features
Corner Lot, Landscaped, Room for Pool, Sidewalks
Parking Features
Common, Guest, Free, Shared
Parking Spots
6000
Parking Total
6000
Roof
Flat, Shingle
Security Features
Carbon Monoxide Detector(s), Fire Alarm, Fire Sprinkler System, Smoke Detector(s)
Stories
1
Financial
Maintenance Fee
$1,350
Tax Year
2025
Taxes
$7,606
Map
Community
- Address1427 NW 2nd Avenue FL Florida City FL
- CityFlorida City
- CountyMiami-Dade
Subdivisions in Florida City
Market Summary
Current real estate data for Commercial in Florida City as of Oct 19, 2026
2
Commercial Listed
118
Avg DOM
$6,649,500
Avg List Price
Property Summary
- 1427 NW 2nd Avenue FL Florida City FL is a Commercial for sale in Florida City, FL, . It is listed for $2,399,000 To schedule a showing of MLS#b26077350 at 1427 NW 2nd Avenue FL in Florida City, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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