SQUARE FEET5,206
MLS#B26077350
STATUSActive
PROPERTY TYPECommercial - Business
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.
Property Features
Property Type: Commercial - Business
Cooling: Central Air, Electric, ENERGY STAR Qualified Equipme
Fenced: Yes
Heating: Central, Electric, Heat Pump, Separate Meters, Central
Lot Size: 0.69 Acres
Roof Type: Flat, Shingle
Stories: 1.0
Taxes: $7,606
Year Built: 1961
Feature Descriptions
Days on Site: 28
Exterior: Stucco, Concrete Block - With Stucco
Fencing: Fenced
Flooring: Tile
Lot: Corner Lot, Room for Pool, Sidewalks, Landscaped
Lot: Corner Lot, Room for Pool, Sidewalks, Landscaped
Other Equipment: Satellite Dish
Parcel#: 1678240200550
Parking: Common, Guest, Free, Shared
Parking Notes: Common, Guest, Free, Shared
Security: Carbon Monoxide Detector(s), Fire Alarm, Fire Sprinkler System, Smoke Detector(s)
Sewer: Public Sewer
Sprinkler: Auto Sprinkler, Zoned Sprinkler
Units: 9
Utilities: Cable Connected, Electricity Available, Sewer Available, Water Available
Utilities: Cable Connected, Electricity Available, Sewer Available, Water Available
Water: Public
Listed By / Shown By
Listed By
Agency Name: Real Broker, LLC
Agency Phone: 855-450-0442
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
1427 NW 2nd Avenue | MLS# B26077350
This commercial property located at 1427 NW 2nd Avenue, Florida City, FL is currently listed for sale with an asking price of $2,399,000. Search Florida City real estate on www.realtymark.net today.