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.
Getting Around
Somewhat Walkable
Very Limited Transit
Biker's ParadiseSchools
Construction
Condition
- Year built: 1930
Materials
- Roof: Shingle
- Construction materials: Concrete Block Construction
Type & Style
- Home type: SingleFamily
- Architectural style: Old Spanish
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Electric Range,Microwave
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Features
- Pantry,Separate Guest/In-Law Quarters,Maid/In-Law Quarters
- Door features: High Impact Doors
- Flooring: Ceramic Tile
Heating & Cooling
- Heating features: Central
- Cooling features: Electric
Interior Area
- Total structure area: 3,394
- Total interior livable area: 3,394 sqft
Property
Details
- Parcel number: 1678240071490
- Zoning: 0400
Features
- Pool features: R30-No Pool/No Water
- Patio & porch: Patio
- Has view: Yes
- View description: None
- Residential vegetation: Fruit Trees
Lot
- Lot size: 0.34 Acres
- Features: 1/4 To Less Than 1/2 Acre Lot
Parking
- Total spaces: 1
- Parking features: Additional Spaces Available,Garage Apartment,Converted Garage
- Covered spaces: 1
- Carport spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Hurricane
- Heat Wave
- Inland Flooding
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Miami-Dade County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,438 | $41,256 |
| Home Insurance * | $240 | $2,880 |
| Property Taxes | $602 | $7,224 |
| Electricity | $341 | $4,098 |
| Total | $4,621 | $55,452 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-13 | Listed for sale | $680,000 |
| 2026-02-17 | Listing removed | $700,000 |
| 2025-12-30 | Pending sale | $700,000 |
| 2025-11-22 | Listed for sale | $700,000 |
| 2025-07-08 | Sold | $310,000 |
| 2025-06-04 | Pending sale | $310,000 |
| 2025-05-29 | Listed for sale | $310,000 |
| 2025-05-01 | Listing removed | $299,999 |
| 2025-04-30 | Listed for sale | $299,999 |
| 2025-03-20 | Listing removed | $299,999 |
| 2025-03-19 | Listed for sale | $299,999 |
| 1994-01-19 | Sold | $47,000 |
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