Florida City, FL, 33034
$2,449,900
Est. $12,388/mo (20% down)
Exceptional 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
Status
Active
Property Type
Residential Income
Sub Type
Quadruplex
Year Built
2023
Stories
2
Pool
No
Waterfront
No
Price / Sq Ft
$285
HOA Fee
None
Est. Insurance
$817/mo
Tax Year
2025
Tax Amount
$23,655
Garage
—
Lot Size
—
MLS Area
Rockwood Sub
Subdivision
ROCKWOOD SUB
Estimates based on area averages. Actual returns may vary. Consult a financial advisor.