1207 NE 1st Ave Homestead, FL 33030
2,484 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,484 sqft
Price per Sqft $357
Subdivision Diamond Park Re Sub
MLS Listing ID A12108749
Style Fourplex
HOA Y/N No
Year Built 1990
Annual Tax Amount $6,900
Tax Year 2025
Property Sub-Type Quadruplex
Property Description
Projected annual net operating income of nearly $85,000 assumes registration with the local housing authority and achievement of projected rents, subject to program approval, applicable inspections, and operating expenses. This figure represents potential future performance and is not current or guaranteed income. Buyers should independently verify existing rents, leases, expenses, program requirements, and financial projections during due diligence.
The recently completed permitted roof adds value while addressing a major building component. Whether expanding an existing portfolio or pursuing a multifamily investment with room for growth, this fourplex offers an opportunity to capitalize on its untapped rental potential.
Tenant occupied. Please do not disturb tenants or enter the property without a confirmed appointment. All showings are by appointment only.
Location
State FL
County Miami-dade
Community Diamond Park Re Sub
Area 79
Zoning 5700
Interior
Heating Central
Cooling Electric
Flooring Clay
Exterior
Pool None
Utilities Available Cable Available
Roof Type Shingle
Total Parking Spaces 4
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories One
Structure Type Block
Others
Tax ID 10-79-07-029-0040
Acceptable Financing Cash, Conventional, FHA 203(k), FHA
Listing Terms Cash, Conventional, FHA 203(k), FHA
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12108749
