New ListingExceptional investment opportunity in Florida City! NO HOA! Built in 2023, this well-maintained, freestanding building featuring 7 townhouses offers immediate rental income, excellent cash flow potential, and the advantages of newer construction. All units are in impeccable condition, featuring modern finishes, spacious layouts, and minimal maintenance requirements. Currently generating $12,700/month from six occupied units, with one vacant unit offering an additional $2,200/month in potential rent, bringing total projected income to $14,900/month ($178,800 annually) at full occupancy. The property benefits from historically low vacancy, strong rental demand, ample parking for residents, and city water and sewer connections. Each townhouse features separately metered water and electricity, with utilities paid directly by tenants, helping keep operating expenses low. With no HOA fees or restrictions, excellent property condition, stable rental income, and newer construction, this property presents an outstanding opportunity for investors seeking a turnkey multifamily asset with long-term income potential. Full rent roll and financial details available upon request.
| MLS # | A12106354 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2023 |
| Days On Site | 7 |
| Listing Provided By | RE/MAX 5 Star Realty | Yulianela Garces |
| SQ Feet | 8,597 |
|---|---|
| Story(s) | 2 |
| Zoning | 5700 |
| Tax Annual Amount | 23655 |
|---|
| State | FL |
|---|---|
| County | Miami Dade |
| City | Florida City |
| Zip Code | 33034 |
| Area | 78 |
| Community Name | ROCKWOOD SUB |
| Listing VS Median (in ROCKWOOD SUB) | |
Price: $2,449,900 low | high Med: $612,500 sqft: 8,597 low | high Med: 2,389 $ / sqft: $285 low | high Med: $255 On site: 7 low | high Med: 120 | |
| State | FL |
|---|---|
| County | Miami Dade |
| City | Florida City |
| Zip Code | 33034 |
| Area | 78 |
| Community Name | ROCKWOOD SUB |
| Listing VS Median (in ROCKWOOD SUB) | |
Price: $2,449,900 low | high Med: $612,500 sqft: 8,597 low | high Med: 2,389 $ / sqft: $285 low | high Med: $255 On site: 7 low | high Med: 120 | |
![]() | $2,850,000421 Nw 12th StFlorida City, FL 33034 |
![]() | $2,850,000421 Nw 12th StreetFlorida City, FL 33034 |