# 1427 NW 2nd Avenue, Florida City, FL 

> **TL;DR:** residential multi family, $2,399,000 ($461/sqft), built 1961, 5,206 sqft.
> A/C. Est. $12,831/mo. Listed 46 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,399,000 |
| Price/sqft | $461 |
| Square Feet | 5,206 |
| Year Built | 1961 |
| Lot Size | 30,056 sqft (0.69 acres) |
| Stories | 1 |
| Property Type | Residential Multi Family (Other) |
| Status | Active |
| Days on Market | 46 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $12,131 |
| Estimated Insurance | $700 |
| **Total** | **$12,831** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1961
- 0.69 acre lot
- 6000 parking spaces

## Description

### Agent 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.

## Location

- **Address:** 1427 NW 2nd Avenue, Florida City, FL 
- **County:** Miami-Dade
- **Coordinates:** 25.460678, -80.47994
- **Google Maps:** https://www.google.com/maps?q=25.460678,-80.47994

## Virtual Tour & Media

- **Video Tour:** https://www.propertypanorama.com/1427-NW-2nd-Avenue-Florida-City-FL/unbranded

## Listing Agent

- **Name:** Richard M DiPietro · **License:** 3659026
- **Brokerage:** Real Broker, LLC
- **Broker Phone:** (855) 450-0442

## Photos

![1427 NW 2nd Avenue - Photo 1](http://lh.rdcpix.com/dde613ef6ea2105d710a9ce03ecb09d4l-f747363135r.jpg)

![1427 NW 2nd Avenue - Photo 2](http://lh.rdcpix.com/dde613ef6ea2105d710a9ce03ecb09d4l-f3181376464r.jpg)

![1427 NW 2nd Avenue - Photo 3](http://lh.rdcpix.com/dde613ef6ea2105d710a9ce03ecb09d4l-f4046462336r.jpg)

![1427 NW 2nd Avenue - Photo 4](http://lh.rdcpix.com/dde613ef6ea2105d710a9ce03ecb09d4l-f2008922048r.jpg)

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![1427 NW 2nd Avenue - Photo 9](http://lh.rdcpix.com/dde613ef6ea2105d710a9ce03ecb09d4l-f2726367601r.jpg)

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![1427 NW 2nd Avenue - Photo 34](http://lh.rdcpix.com/dde613ef6ea2105d710a9ce03ecb09d4l-f3078176419r.jpg)

![1427 NW 2nd Avenue - Photo 35](http://lh.rdcpix.com/dde613ef6ea2105d710a9ce03ecb09d4l-f696369456r.jpg)

![1427 NW 2nd Avenue - Photo 36](http://lh.rdcpix.com/dde613ef6ea2105d710a9ce03ecb09d4l-f3154454106r.jpg)

![1427 NW 2nd Avenue - Photo 37](http://lh.rdcpix.com/dde613ef6ea2105d710a9ce03ecb09d4l-f3779293105r.jpg)

![1427 NW 2nd Avenue - Photo 38](http://lh.rdcpix.com/dde613ef6ea2105d710a9ce03ecb09d4l-f2819500163r.jpg)

![1427 NW 2nd Avenue - Photo 39](http://lh.rdcpix.com/dde613ef6ea2105d710a9ce03ecb09d4l-f2559170661r.jpg)

![1427 NW 2nd Avenue - Photo 40](http://lh.rdcpix.com/dde613ef6ea2105d710a9ce03ecb09d4l-f2540483998r.jpg)

![1427 NW 2nd Avenue - Photo 41](http://lh.rdcpix.com/dde613ef6ea2105d710a9ce03ecb09d4l-f2943992735r.jpg)

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![1427 NW 2nd Avenue - Photo 51](http://lh.rdcpix.com/dde613ef6ea2105d710a9ce03ecb09d4l-f124535598r.jpg)

![1427 NW 2nd Avenue - Photo 52](http://lh.rdcpix.com/dde613ef6ea2105d710a9ce03ecb09d4l-f4097932042r.jpg)

![1427 NW 2nd Avenue - Photo 53](http://lh.rdcpix.com/dde613ef6ea2105d710a9ce03ecb09d4l-f4177460327r.jpg)

![1427 NW 2nd Avenue - Photo 54](http://lh.rdcpix.com/dde613ef6ea2105d710a9ce03ecb09d4l-f223461425r.jpg)

![1427 NW 2nd Avenue - Photo 55](http://lh.rdcpix.com/dde613ef6ea2105d710a9ce03ecb09d4l-f859882850r.jpg)

![1427 NW 2nd Avenue - Photo 56](http://lh.rdcpix.com/dde613ef6ea2105d710a9ce03ecb09d4l-f3631563948r.jpg)

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![1427 NW 2nd Avenue - Photo 58](http://lh.rdcpix.com/dde613ef6ea2105d710a9ce03ecb09d4l-f2084251580r.jpg)

![1427 NW 2nd Avenue - Photo 59](http://lh.rdcpix.com/dde613ef6ea2105d710a9ce03ecb09d4l-f3647060701r.jpg)

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![1427 NW 2nd Avenue - Photo 61](http://lh.rdcpix.com/dde613ef6ea2105d710a9ce03ecb09d4l-f2440088138r.jpg)

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![1427 NW 2nd Avenue - Photo 64](http://lh.rdcpix.com/dde613ef6ea2105d710a9ce03ecb09d4l-f1334433615r.jpg)

![1427 NW 2nd Avenue - Photo 65](http://lh.rdcpix.com/dde613ef6ea2105d710a9ce03ecb09d4l-f282737203r.jpg)

![1427 NW 2nd Avenue - Photo 66](http://lh.rdcpix.com/dde613ef6ea2105d710a9ce03ecb09d4l-f816820587r.jpg)

---

**MLS#:** B26077350 | **Updated:** 2026-10-31
**Source:** listhub

*Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/1427-nw-2nd-avenue-florida-city-fl-eb39977a23ce4a99a8f793b76e2c8f37)

---

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