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1427 NW 2nd Ave, Florida City FL 33034

Commercial For Sale
$2,550,000

BTC: 39.84375000

ETH: 1,460.48109966

-$100K (2025/09/24)
304 days
0 room(s)

Overview

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!

Location

Florida • Florida City • 33034 • Commercial • For Sale

Details

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
0.69 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$436,250
$74K – $2.1M
Confidence Low
List vs. estimate
$2.1M above estimate
List $2,550,000 · +484.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
8 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $330K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,150
2024
All facts and features

  • Lot

    • Lot: 0.69 Acres

    Other Property Information

    • Parcel Number: 16-78-24-020-0550

    • Zoning: 3000

  • Type and style

    • Property Type: Commercial Land

  • Utility

    • Electricity Connected

    • Sewer Connected

    • None

  • Other financial information

    • Annual tax amount: $7,150

  • Source details

    • MLS ID: A11850691

    Other facts

    • Lot Features: Corner Lot / Less Than 1 Acre

    • Water Source: Municipal Water

    • Lot Size Dimensions: 90x80

    • Subdivision Name: CORAL BAY MANOR

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33034
307
median $414K
Active
Same city
Florida City
172
median $415K
Active
Same type
Commercial
24
median $897K
Active
Similar price
$1.8M – $3.3M
6
median $2.7M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Compass Florida, LLC