$680,000
Single Family ResidenceActive559 NW 2nd St, Florida City FL 33034
MLS #A12053032About This Property
Excellent income-producing property on a double lot! This fully renovated investment opportunity features three separate units with established tenants, generating $7,050 in monthly rental income ($84,600 annually). The main residence offers 4 bedrooms and 2 bathrooms and is currently leased for $3,050 per month. The rear of the property includes two detached apartments, each with private entrances, 2 bedrooms, 1 bathroom, a living room, and a full kitchen. One unit is rented for $1,900 per month, and the other for $2,100 per month. This turnkey property is an excellent opportunity for investors seeking immediate cash flow. Situated on a spacious double lot, it has been completely renovated and is well maintained. Conveniently located near major highways, shopping, dining, schools, and other local amenities.
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Blue Mar Real Estate Group
About Homestead
Homestead is the gateway to the Florida Keys and Everglades National Park, with a distinct small-town identity rooted in agriculture and the Redland farming district. The community offers significantly more affordable price points than coastal Miami, post-Hurricane Andrew rebuilding has modernized much of the housing stock, and attractions include Homestead-Miami Speedway, Fruit & Spice Park, Coral Castle Museum, and Schnebly Redland's Winery. Popular with first-time buyers, investors, and anyone seeking land with access to the Keys.
Property Details
Property Type
Single Family Residence
Year Built
1930
Lot Size
15,000 sq ft
Bedrooms
8
Bathrooms
4
Pool
No
Waterfront
No
Cooling
Electric
Heating
Central
Roof Type
Shingle
Flooring
Ceramic Floor
Construction
Concrete Block Construction
Style
Detached, Old Spanish
HOA Fee
None
Annual Taxes
$975 (2025)
Days on Market
1
MLS #
A12053032
Features & Amenities
Interior
Appliances
Exterior
Community
Other
Nearby Schools
Assigned public schools pulled from Miami-Dade County Public Schools’s official attendance-boundary data. Verify current boundaries with MDCPS before buying — zones can change year to year.
School data source: Miami-Dade County Open Data Hub
Similar Homes in Homestead
Location
City
Florida City
State
FL
ZIP Code
33034
County
Miami-Dade County
Listing provided by Yurima Martin Ramos at Martin Realty Group Corp. Data from Miami Association of REALTORS®. All information deemed reliable but not guaranteed. Listing #A12053032.