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Listed price in listed location currency (USD).
$2,399,000

000

MLS® B26077350

Overview

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage 
Taxes $7,606
Days Active 10
Lot Size 
Approx. Age 1961
MLS® Number B26077350

Property Address: 1427 Nw 2nd Ave, Florida City, FL, 33034-2280

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberB26077350
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1961
Basement
DrivewayCommon, Free Parking, Guest
Garage Spaces
HeatCentral, Electric, Heat Pump, Heat Strip, Individual
A/CCentral Air, Electric, Humidity Control

Extras

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