Florida City, FL 33034 1148 SE 2nd St
$1,600,000



23 more























Presented By: This listing is courtesy of Samour Realty
Home Details
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.
Presented By: This listing is courtesy of Samour Realty
Interior Features for 1148 SE 2nd St
Bedrooms
Total Bedrooms4
Bathrooms
Half Baths0
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringCarpet, Tile
Heating Y/NYes
General for 1148 SE 2nd St
Architectural StyleFourplex
Assoc Fee Paid PerMonthly
CityFlorida City
Construction MaterialsBlock
CoolingCentral Air
CountyMiami-Dade
Full Baths3
HOA Fee$211
HeatingCentral
Legal DescriptionST 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
LevelsTwo
Listing TermsCash, Conventional
Lot Size UnitsSquare Feet
MLS Area79
Net Operating Income103718
Number Of Units Total1
Occupancy TypeTenant
Operating Expense17757
Pool FeaturesNone
PossessionClose Of Escrow
PostalCityFlorida City
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
Rent IncludesHot Water, Sewer, Trash Collection, Water
RoofBarrel
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameLE Jardin
Tax Annual Amount7601
Tax Year2025
Total Actual Rent121476
UtilitiesCable Available
Virtual TourClick here
Year Built2025
Year Built DetailsNew Construction
Zoning Description9300
Exterior for 1148 SE 2nd St
Building Area Total1615
Covered Spaces
Lot Features< 1/4 Acre
Total Parking2
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Dawn Brown-Conrad
Realtor®
SQFT • 1,615