1148 SE 2nd Street, Florida City, FL 33034 (MLS# A11982910)

1148 SE 2nd Street, Florida City, FL 33034

$1,600,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11982910

Property Type: Residential Income Square Footage: 1,615 Status: Active

Current Price: $1,600,000 List Date: 3/14/2026 Last Modified: 7/06/2026

Overview

Description

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.

Listing Details MLS# A11982910

General Property Information

Number Of Units Total: 4
Property Sub Type: Quadruplex
Building Area Main: 1615
Living Area Main: 1615
Adjusted Area Main: 1615
Year Built: 2025
Parking Total: 2
Stories Total: 2
Pool Private YN: No

Property Features

Documents Available: Deposit - Security Flooring: Carpet; Tile Property Condition: New Construction Structure Type: Multi Family Construction Materials: CBS Cooling: Central Air Association Type: Homeowner Association Heating: Central; Separate Meters Listing Terms: Cash; Conventional Possession: Close Of Escrow Roof: Barrel Sewer: Public Sewer Tax Information: New Construction Utilities: Cable Available Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent Unit 1 Parking Features: Parking Space Unit 2 Parking Features: Parking Space Unit 3 Parking Features: Parking Space Unit 4 Parking Features: Parking Space

Contract Information

Comp Sale YN: No
Original List Price: 1600000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 1148
Street Direction Prefix: SE
Street Name: 2nd
Street Suffix: Street
City Name: Florida City
Municipal Code: 16
State Or Province: FL
Postal Code: 33034
Postal Code +4: 5783
Postal Zip: 33034
Subdivision Name: LE Jardin
Area: 2790
Elementary School: Campbell Drive K-8
Middle Or Junior School: Homestead
High School: Homestead
Parcel Number: 1679300044590
Subdivision Number: 4
Zoning: 9300

Financial Information

Association YN: Yes
Association Fee: 211
Association Fee Frequency: Monthly
Estimated Monthly Assoc Recurring Fee: 211
Tax Annual Amount: 7601
Tax Year: 2025
Tax Legal Description: ST GERMAIN ASSEMBLAGE PB 178-072 T-25075 LOT 8 BLK 43 LOT SIZE 1748 SQ FT M/L FAU 16-7930-001-0010 -0020 -0150 -0160 & -0170

Status Change Information

Major Change Timestamp: 2026-03-14T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-03-14

More Information

Income and Expenses

Gross Income: 121476
Net Operating Income: 103718
Total Expenses: 17757

Unit 1 Details

Actual Rent: 2850
Baths Full: 3
Efficiency YN: No
Furnished: Unfurnished
SqFt: 1615

Unit 1 Lease Description

Currently Leased YN: Yes

Unit 2 Details

Actual Rent: 2300
Baths Full: 2
Baths Half: Yes
Efficiency YN: No
Furnished: Unfurnished
SqFt: 1545

Unit 2 Lease Description

Currently Leased YN: Yes

Unit 3 Details

Actual Rent: 2696
Baths Full: 2
Baths Half: Yes
Efficiency YN: No
Furnished: Unfurnished
SqFt: 1545

Unit 3 Lease Description

Currently Leased YN: Yes

Unit 4 Details

Actual Rent: 2327
Baths Full: 2
Baths Half: Yes
Efficiency YN: No
Furnished: Unfurnished
SqFt: 1545

Unit 4 Lease Description

Currently Leased YN: Yes

Section Details

Parcel Number MLX: 4590

Originating Details

Originating System Key: 442159453
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Flooring

Carpet: Yes
Tile: Yes

Property Condition

New Construction: Yes

Documents Available

Deposit - Security: Yes

Structure Type

Multi Family: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes

Heating

Central: Yes
Separate Meters: Yes

Construction Materials

CBS: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Roof

Barrel: Yes

Cooling

Central Air: Yes

Association Type

Homeowner Association: Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes
Call Listing Agent: Yes

Tax Information

New Construction: Yes

Unit 1 Parking Features

Parking Space: Yes

Unit 2 Parking Features

Parking Space: Yes

Unit 3 Parking Features

Parking Space: Yes

Unit 4 Parking Features

Parking Space: Yes

Documents

Offering Memorandum ›

Listing Office: Samour Realty

Last Updated: July - 06 - 2026

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