1148 Se 2nd St

Florida City, FL 33034

About this property

Rare four-unit townhome portfolio in Florida City, Florida - the southernmost municipality in Miami-Dade County. This package offering consists of four separate townhome units on individual folios (parcels), sold together as a single commercial investment deal. The units are not attached to each other and are fully leased, well-maintained, and deliver immediate, stabilized cash flow.With 100% occupancy, a proven rent roll, and a current cap rate of 6.48%, this asset is primed to deliver strong risk-adjusted returns from day one.Strategically positioned near the Florida Turnpike and US-1, the properties benefit from robust workforce housing demand driven by proximity to Homestead employment corridors, Everglades National Park, and the Florida Keys. With rental growth momentum throughout South Florida's most affordable submarkets, this portfolio of detached townhomes represents a compelling acquisition opportunity for value-add and income investors alike.

About this property

Rare four-unit townhome portfolio in Florida City, Florida - the southernmost municipality in Miami-Dade County. This package offering consists of four separate townhome units on individual folios (parcels), sold together as a single commercial investment deal. The units are not attached to each other and are fully leased, well-maintained, and deliver immediate, stabilized cash flow.With 100% occupancy, a proven rent roll, and a current cap rate of 6.48%, this asset is primed to deliver strong risk-adjusted returns from day one.Strategically positioned near the Florida Turnpike and US-1, the properties benefit from robust workforce housing demand driven by proximity to Homestead employment corridors, Everglades National Park, and the Florida Keys. With rental growth momentum throughout South Florida's most affordable submarkets, this portfolio of detached townhomes represents a compelling acquisition opportunity for value-add and income investors alike.

Features and Additional Information

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$1,600,000 Active
1,615 sqft

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Area Information

79 | Miami Dade County | LE Jardin

$ 1,600,000
This listing is play_arrow 0.0% lower than the average in the area
$ 1,600,000 in the area
1,615 SqFt
This listing is play_arrow 0.0% smaller than the average in the area
1,615 SqFt in the area
$ 991 $/SqFt
This listing is play_arrow 0.0% less than the average in the area
$ 991 $/SqFt in the area
224 days on site
This listing is play_arrow 0.0% below the average in the area
224 days on site in the area

Schools in the Area

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Listed By Arturo Bendek
Brokerage: Samour Realty

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