For Sale
$550,000

246 1St StFlorida City, FL 33034

Shovel-ready 8-unit multifamily project.

Overview

Added:
Dec 11, 2024
Days on market:
115
Exceptional investment opportunity in Florida City, FL, presents a shovel-ready 8-unit multifamily development. This three-story building, totaling 8,975 square feet, sits on a 14,000 square foot corner lot at 246 SW 1st St, 33034, in Miami-Dade County. The modern design features a wood-paneled facade and spacious balconies for each unit. The ground floor offers 15 covered parking spaces (70% of the ground floor) and a welcoming lobby area. The upper two floors house the residential units: five 2-bedroom, 1-bathroom units (1,000 sq ft each); two 3-bedroom, 2-bathroom units (1,500 sq ft each); and one additional 2-bedroom, 1-bathroom unit (975 sq ft). High rental demand in this growing Florida City market makes this a standout investment opportunity. The asking price is $550,000. This project is ready for immediate development.

Highlights

  • $550,000 asking price.
  • Shovel-ready 8-unit multifamily development.
  • 8,975 SF building on a 14,000 SF corner lot in Florida City, FL.
  • Modern design with wood-paneled facade and spacious balconies.
  • 15 covered parking spaces and a lobby.
  • Unit mix: 5 two-bedroom/one-bathroom units (1,000 SF each), 2 three-bedroom/two-bathroom units (1,500 SF each), and 1 two-bedroom/one-bathroom unit (975 SF).

Property Details for 246 1St St

Property type
Specialty properties

Location Insight

City
Florida City
County
Miami-Dade
State
Florida
Latitude
25.4469502
Longitude
-80.4804263
246 1St St, Florida City, Florida

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246 1St St
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