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1148 SE 2nd St, Florida City FL 33034

Multi-family For Sale
$1,600,000

BTC: 24.92615238

ETH: 907.57484656

100 days
0 room(s)
1,615 sqft

Overview

Rare four-unit townhome portfolio in Florida City, Florida — the southernmost municipality in Miami-Dade County. This package offering consists of four separate townhome units on individual folios (parcels), sold together as a single commercial investment deal. The units are not attached to each other and are fully leased, well-maintained, and deliver immediate, stabilized cash flow.With 100% occupancy, a proven rent roll, and a current cap rate of 6.48%, this asset is primed to deliver strong risk-adjusted returns from day one.Strategically positioned near the Florida Turnpike and US-1, the properties benefit from robust workforce housing demand driven by proximity to Homestead employment corridors, Everglades National Park, and the Florida Keys. With rental growth momentum throughout South Florida's most affordable submarkets, this portfolio of detached townhomes represents a compelling acquisition opportunity for value-add and income investors alike.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
2025
Lot:
No Data
Heating:
Central
Price/sqft:
$991
Cooling:
Central Air
HOA:
$211

Valuation

Our model vs. what's actually selling nearby.
Estimate
$750,000
$449K – $2.0M
Confidence Low
List vs. estimate
$850K above estimate
List $1,600,000 · +113.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$990
+186.4% vs. city median $345
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $630K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,601
2025
HOA
$211/mo
Parking
2 spaces
All facts and features
  • Flooring

    • Carpet

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 16-79-30-004-4590

    • Zoning: 9300

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • HOA: $211

    • HOA Frequency: Monthly

    • Annual tax amount: $7,601

  • Source details

    • MLS ID: A11982910

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Attached

    • Living Area: 1615

    • Subdivision Name: LE Jardin

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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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: Samour Realty