Date
Details
Price
Change
Source
9/17/2026
Listed
$2,399,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$2,399,000 Just Listed
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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.
Full Property Details
Full Property Details for 1427 NW 2nd Ave
General
- Price: $2,399,000
- HOA FEE: $1,350
- Taxes: $7,606 (2025)
- Status: Active
- Type: Commercial Multi-Family
- Source: Regional
- MLS ID: B26077350
- Updated: Today (9/17/2026)
- Added to Site: Today
Interior
- Flooring: Tile
Additional Information
- Security/Safety: Carbon Monoxide Detector(s), Fire Alarm, Fire Sprinkler System, Smoke Detector(s)
Exterior
- Exterior Features: Room For Pool
Parking
- Total Spaces: 6000
- Parking Features: Common, Free Parking, Guest
Location
- County: Miami-Dade
- Building Name: 1427
- Driving Directions: Google Map & Navigation friendly.
Community
- Community Name: 2780
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric, ENERGY STAR Qualified Equipment, Humidity Control, Heat Pump
- Heating Type: Central, Electric, Heat Pump, Heat Strip, Individual, Separate Meters
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Available, Sewer Available, Water Available
- # Electric Meters: 9
Structural Information
- # Buildings: 1
- Construction: Concrete, Stucco
- Roof: Flat, Shingle, Ridge Vents
- Stories/Levels: 1
- Building Size: 5206
- Aprox. Leasable: 5,206 Sq. Ft.
- Year Built: 1961
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 0.69
- Frontage: City Street, Asphalt, Paved
- Road Maintenance: Public Maintained Road
- Sidewalks: Yes
- Lot Features: Corner Lot, Landscaped, Residential Lot, Sprinklers Automatic, Subdivision, Sprinkler System
- Zoning: 3000
- Fencing (Description): Fenced
Financial Considerations
- Maint. Fee/Month: $1,350
- Assessment Amount: $344,525
- Tax Amount: $7,606.01
- Tax Year: 2025
- Terms: Cash, Conventional, Contract, 1031 Exchange, FHA, Lease Purchase, Owner Will Carry, Other, Private Financing Available, VA Loan
- Tenant Pays: Cable TV, Electricity, Telephone
Disclosures and Reports
- Special Conditions: Standard, Listed As-Is
- Documents Avail.: Deed, Ground Photo, Inventory, Rent Rolls, Title
- Legal Description: 24 57 38 CORAL BAY MANOR PB 57-40 LOTS 14 & 15 BLK 3 LOT SIZE12000 SQ FT M/L + Vacant Lots 11, 12 & 13 totaling 18, 000 SQ FT.
- Property ID: 1678240200550
Listed by Real Broker LLC
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Schools
Schools serving 1427 NW 2nd Ave
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Laura C. Saunders Elementary School 505 Southwest 8th Street, Homestead, FL 33030 | PK-5 | 0.3 mi |
Homestead Middle School 650 Northwest 2nd Avenue, Homestead, FL 33030 | 6-8 | 1.1 mi |
Homestead Senior High School 2351 Southeast 12th Avenue, Homestead, FL 33034 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1427 NW 2nd Ave
Estimate the Cost
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1427 NW 2nd Avenue, Florida City, FL (MLS# B26077350) is a Commercial Multi-Family property. 1427 NW 2nd Avenue is currently listed for $2,399,000 and was received on September 17, 2026. Want to learn more about 1427 NW 2nd Avenue? Do you have questions about finding other Commercial Multi-Family real estate for sale in Florida City? You can browse all Florida City real estate or contact a Coldwell Banker agent to request more information.