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Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1987
Sq.Footage
4,248
Rare income-producing infill redevelopment opportunity in the heart of Homestead. Property consists of two duplexes totaling four occupied units, each featuring 3 bedrooms, 1.5 bathrooms, kitchen, family room, washer/dryer hookups, and ample parking. Currently generating approximately $8,400/month in gross rental income, offering immediate cash flow while exploring future development potential. In addition to the existing improvements, the property includes approximately 16,000 SF of additional land with conceptual potential for up to three 5,000 SF single-family lots, subject to buyer verification and approval by the City of Homestead. Strategically located near Historic Downtown Homestead, major transit corridors, schools, shopping, and ongoing area growth and redevelopment. Ideal opportunity for investors, developers, land bankers, or buyers seeking existing income with long-term upside. Some images have been virtually staged.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
-
Architectural Style
Fourplex
Price
-
Sales Price
$1,250,000
-
Tax Amount
$14,677
-
Zoning
1900
-
Sq. Footage
4, 248
-
Price/SqFt
$294
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Sewer
Public Sewer
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Location
County
Miami-Dade
Elementary School
Middle School
High School
Listing Courtesy of Valentina Verdia , South Florida Real Estate Grp
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Realtor
Jarrod Gaylis
Call Jarrod today to schedule a private showing.
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