1427 NW 2nd Avenue, Florida City FL 33034
Multi Family in Florida City
$2,399,000
Listing courtesy of Real Broker LLC; Richard M DiPietro. Information from the Southeast Florida Multiple Listing Service is deemed reliable but is not guaranteed accurate.
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Multi Family, Commercial Sale
Details
Overview
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.
This multi family home located at 1427 NW 2nd Avenue, Florida City FL 33034 is currently for sale and has been available on Brickellsold for 4 days. This property is listed at $2M. It has N/A beds, N/A bathrooms, and is N/A square feet. It was built in 1961. 1427 NW 2nd Avenue, Florida City FL 33034 is in Florida City county Miami-Dade County.
Interior
- Flooring: Tile
- Common walls with other units/homes:
Property
- Parking Features: Common,Free Parking,Guest,Shared Parking
- Entry location: Fire Sprinklers
- Exterior Features: Room For Pool
- View Description:
Construction
- Year Built: 1961
Community & HOA
- Security Features: Smoke Alarm, Smoke Detector(s), Fire Sprinkler System, Fire Sprinklers, Fire Alarm, Smoke Detector
- Amenities: