1427 Nw 2nd Avenue, Florida City, FL 33034
- $2,399,000
- List Price
- $2,399,000
- Status
- ACTIVE
- Days on Market
- 5
- MLS#
- B26077350
- Subtype
- Commercial Sale
- Style
- Shopping Center, Multi Family
- Year Built
- 1961
- Lot Size
- 30,000
- Acres
- 0.69
Property 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.
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Additional Information
- Interior Features
- Fire Sprinklers
- Exterior Features
- Room For Pool
- Taxes
- $7,606
- Community Features
- Not Found
- Property Description
- Shopping Center, Multi Family
- Zoning
- 3000
- Flooring
- Tile
- Heating
- Central Individual A/C, Central, Electric, Heat Strip, Heat Pump/Reverse Cycle
- Air Conditioning
- Central Individual A/C, Central Air, Electric, Humidity Control, Ridge Vent/Turbines
- Exterior Construction
- Insulated, Plaster
- Stories
- 1
- Roof
- Comp Shingle Roof, Flat Tile, Flat Roof With Facade Front, Shingle
- Parking
- Common, Free Parking, Guest, Shared Parking
- Parking Features
- Common, Free Parking, Guest, Shared Parking
Listing Courtesy of Real Broker LLC, Contact: