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!
Property Details
Price:
$2,550,000
MLS #:
A11850691
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subdivision:
CORAL BAY MANOR
Neighborhood:
coralbaymanor
Listed Date:
Aug 2, 2025
Lot Size:
30,000 sqft / 0.69 acres (approx)
See this Listing
Schools
Interior
Exterior
Lot Features
Corner Lot, Less Than 1 Acre
Financial
Tax Year
2024
Taxes
$7,150
Map
Community
- Address1427 NW 2nd Ave Florida City FL
- SubdivisionCORAL BAY MANOR
- CityFlorida City
- CountyMiami-Dade County
- Zip Code33034
Subdivisions in Florida City
- .
- 1231-1233 NW 9 AVE CONDO
- ABEL HOMES AT KEYS WINDS
- ABEL HOMES AT KEYS WINDS,KEYS WINDS
- Alba Subdivision
- ALPHAVILLE I CONDO
- ALPHAVILLE II CONDO,ALPHAVILLE II
- ANTILLIA,Del Mar Seaview
- Aurora
- AURORA AT GRAND PALMS
- AURORA SUBDIVISION
- AURORA SUBDIVISION,AURORA
- Aurora Subdivision,ONX Aurora
- AURORA,AURORA AT GRAND PALM
- AURORA,ONX
- CARROLL VILLA
- Century Park Square
- CENTURY PARK SQUARE,CENTURY HOMESBUILDER
- CENTURY PARK SQUARE,CETURY HOMESBILDER
- Century Park Villas Place,Century Park Villas
- CORAL BAY MANOR
- Coral Landings
- Corsica
- COSTA BLANCA VILLAS
- COSTA BLANCA VILLAS,COSTA BLANCA
- COSTA BLANCA VILLAS,Costa Blanca Villas
- CPV
- FL CITY HIGHLANDS
- FLA CITY MANOR
- FLORIDA CITY PARK REV
- FLORIDA CITY PARK REV,Dr Horton
- FLORIDA CITY PARK REV,Sebastian Isles
- FLORIDA CITY PUD
- FOREST PARK VILLAS
- FRIEDLAND MANOR
- FVP SUBDIVISION
- FVP SUBDIVISION,Keys Pointe
- GABY SUBDIVISION
- Green Park
- GREEN PARK SUB
- GREEN PARK SUB,Alphaville 1 Condo
- GREEN PARK SUB,Alphaville I Condo
- H BROOKERS SUB
- Hadley Place
- INDUSTRIAL ADDN NO 2
- JALIL SUBDIVISION
- JOHNSON SUB
- KING HOMESITES
- Le Jardine
- Le JARDINE Lennar
- Le Jardine,LENNAR HOMES
- Lejardine Lennar
- LUCERNE GARDENS
- M & B SUB
- MAC ARTHUR HOMESITES
- MIAMI LAND & DEVELOPMENT
- MIAMI LAND AND DEVELOPMEN
- MIAMI LAND AND DEVELOPMEN,Palm Cay
- MIAMI LAND AND DEVELOPMENT,Palm Cay
- Natiivo Condo
- On Alba Block
- On Alba ONX Homes,On Alba
- On Centro
- PALM AVE HEIGHTS
- Palm Cay
- PROSPERITY PARK
- REGAL PALM
- REGAL PALM SUBDIVISION
- REGAL PALM SUBDIVISION,REGAL PALM
- ROCKWOOD SUB
- ROYAL HOMES WEST
- SEBASTIAN ISLE,DR HORTON
- Sebastian Isles
- SHOMA CONDO AT KEYS COVE,SHOMA CONDO AT KEYS
- SUBDIVISION DE AURORA
- SUNNYLAND PARK NO 2
- SUNNYLAND PLACE CONDO ASSN,SUNNYLAND PLACE COND
- Sunscapes
- THE JARDIN BY LENNAR
- THE JARDIN By Lennar
- THE PLAZA 851 BRICKELL CON
- The Preserves
- TOWN OF FLORIDA CITY
- VILLAS OF PALM BAY
- VILLAS OF PALM BAY,Village of Palm Bay
- Vista Sol
- WASHINGTON PARK
Market Summary
Current real estate data for Single Family in Florida City as of Apr 27, 2026
98
Single Family Listed
144
Avg DOM
280
Avg $ / SqFt
$701,288
Avg List Price
Property Summary
- Located in the CORAL BAY MANOR subdivision, 1427 NW 2nd Ave Florida City FL is a Single Family for sale in Florida City, FL, 33034. It is listed for $2,550,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space.The average price per square foot for Single Family listings in Florida City is $280. The average listing price for Single Family in Florida City is $701,288. To schedule a showing of MLS#a11850691 at 1427 NW 2nd Ave in Florida City, FL, contact your CENTURY 21 Carioti agent at 2392986550.
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