1148 2nd St ,Attached, Quadruplex, Le Jardin for Sale

1148 2nd St for Sale

Price $1,600,000.00

• Lot size 1615
• Year Build 2025
• Waterfront
• Zip 33034
• Style Attached
• Parking Description
• Pool Yes
• Status Active

Description

Rare four-unit townhome portfolio in Florida City, Florida ? the southernmost municipality in Miami-Dade County. This package offering delivers immediate,stabilized cash flow from four fully leased, well-maintained townhomes offered exclusively as a single commercial investment.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 represents a compelling acquisition opportunity for value-add and income investors alike.

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

Less Than 1/4 Acre Lot

Rare four-unit townhome portfolio in Florida City, Florida ? the southernmost municipality in Miami-Dade County. This package offering delivers immediate,stabilized cash flow from four fully leased, well-maintained townhomes offered exclusively as a single commercial investment.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 represents a compelling acquisition opportunity for value-add and income investors alike.

City:Florida City,Zoning:9300,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2025,Flooring:1:Tile,Latitude:25.4681696,Cooling Y N:1,Heating Y N:1,List Price:1600000,Listing Id:A11982910,Longitude:-80.4673995,Mls Status:Active,Year Built:2025,Living Area:1615,Postal Code:33034,Street Name:2nd St,Coordinates:1:25.4681696,Photos Count:28,Building Name:LE Jardin,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:79,M L S Area Major:Le Jardin,On Market Date:2026-03-14,Parcel Number:16-79-30-004-4590,Parking Total:2,Property Type:Residential Income,Rent Includes:1:Sewer,2:Trash Collection,3:Water,Stories Total:2,Street Number:1148,Association Y N:1,M I A M I R E_ Style:Fourplex,Public Remarks:Rare four-unit townhome portfolio in Florida City, Florida ? the southernmost municipality in Miami-Dade County. This package offering delivers immediate,stabilized cash flow from four fully leased, well-maintained townhomes offered exclusively as a single commercial investment.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 represents a compelling acquisition opportunity for value-add and income investors alike.,Structure Type:1:Fourplex,Association Fee:211,County Or Parish:Miami-Dade County,Expiration Date:2026-12-31,List Office Name:Samour Realty,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:5783,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:SE,Subdivision Name:LE Jardin,Tax Annual Amount:7601,Total Actual Rent:121476,Unparsed Address:1148 SE 2nd St, Florida City FL 33034,Listing Agreement:Exclusive Right To Sell,Operating Expense:17757,Year Built Details:New Construction,Building Area Total:1615,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:990.7121,New Construction Y N:1,Original List Price:1600000,Public Survey Range:79,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Net Operating Income:103718,Syndication Remarks:Rare four-unit townhome portfolio in Florida City, Florida ? the southernmost municipality in Miami-Dade County. This package offering delivers immediate,stabilized cash flow from four fully leased, well-maintained townhomes offered exclusively as a single commercial investment.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 represents a compelling acquisition opportunity for value-add and income investors alike.,Listing Contract Date:2026-03-14,Originating System I D:miamire,Public Survey Section:30,Showing Instructions:24 Hour Notice,Appointment Only,Call Listing Agent,Street Number Numeric:1148,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,M I A M I R E_ Current Price:1600000,Public Survey Township:79,M I A M I R E_ Municipal Code:16,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:1615,Association Fee Frequency:Monthly,M I A M I R E_ Internet Remarks:Rare four-unit townhome portfolio in Florida City, Florida,M I A M I R E_ Parcel Number M L X:4590,M I A M I R E_ Separate Meter Y N:1,M I A M I R E_ Showing Time Flag:1,M I A M I R E_ Supplement Count:1,Contract Status Change Date:2026-03-14,Internet Address Display Y N:1,M I A M I R E_ Cable Available Y N:1,Number Of Units In Community:4,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:4,M I A M I R E_ Agent Alternate Phone:305-606-2879,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:1148 SE 2nd St,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:990.71,