ActivePhoto 1 of 34
559 NW 2nd St, Florida City FL 33034
About this home
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.
Features
- Pantry
- Garage Apartment
- Garage Converted
- Separate Guest/In-Law Quarters
- Maid/In-Law Quarters
- Fruit Trees
- None
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $3,438
- HOA
- None
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.