Commercial property in Florida City, Florida № 2016604

Commercial property in Florida City, Florida № 2016604
ID2016604 $ 2 650 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
2016604

Property description

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!
MLS #: A11850691
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CityFlorida City
Address1427 NW 2nd Ave, Florida City FL 33034
TypeCommercial property
Price
  • Price
  • per m²
$ 2 650 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £