$889,000
Homestead, FL 33030
MLS# A12108749
2614 sqft
1 / 26
Property Description
Investment opportunity in Homestead! This fourplex offers substantial income growth potential and a new roof completed with permits. An opportunity for investors seeking a multifamily asset with room to improve rental performance and build long-term value. With four income-producing units, the property offers multiple rental streams and significant future upside through strategic management and rent optimization.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.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-10-19
Status: Active
Original List Price: 889000
List Price: $889,000
Current Price: $889,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Homestead
Municipal Code: 10
Postal Zip: 33030
Subdivision Number: 29
Flood Zone: X
Country: United States
Street Number: 1207
Street Direction Prefix: NE
Street Name: 1st
Street Suffix: Avenue
State Or Province: FL
Postal Code: 33030
Postal Code +4: 4627
Subdivision Name: DIAMOND PARK RE SUB
Area: 2790
Elementary School: Avocado
Middle Or Junior School: South Dade
High School: South Dade
Parcel Number: 1079070290040
Zoning: 5700
General Property Information
Number Of Units Total: 4
Adjusted Area Main: 2492
Living Area Main: 2484
Parking Total: 4
Stories Total: 1
Pool Private YN: No
Property Sub Type: Quadruplex
Building Area Main: 2614
Year Built: 1990
Financial Information
Estimated Monthly Assoc Recurring Fee: 0
Tax Annual Amount: 6900
Tax Year: 2025
Tax Legal Description: DIAMOND PARK RE SUB PB 9-164 LOT 4 BLK 5 LOT SIZE 67.900 X 130 OR 14333-1489 1189 1
Office/Member Information
DXORIGMLSID: SEF
Flooring
Clay: 1
Documents Available
Rent Rolls: 1
Structure Type
Multi Family: 1
Possession
Close Of Escrow: 1
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Heating
Central: 1
Separate Meters: 1
Construction Materials
Block: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
Roof
Shingle: 1
Income and Expenses
Gross Income: 3400
Cooling
Electric: 1
Showing Requirements
Call Listing Agent: 1
Tax Information
Tax Reflects No Exemptions: 1
Unit 1 Details
Actual Rent: 1300
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Unit 1 Lease Description
Lease Term: Month To Month
Unit 1 Parking Features
Parking Space: 1
Unit 2 Details
Actual Rent: 1300
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Unit 2 Lease Description
Lease Term: Month To Month
Unit 2 Parking Features
Parking Space: 1
Unit 3 Details
Actual Rent: 800
Baths Full: 1
Beds Total: 1
Efficiency YN: Yes
Unit 3 Lease Description
Lease Term: Month To Month
Unit 3 Parking Features
Parking Space: 1
Unit 4 Details
Baths Full: 1
Beds Total: 1
Efficiency YN: Yes
Unit 4 Lease Description
Lease Term: Month To Month
Unit 4 Parking Features
Parking Space: 1
Price Calculations
Current Price To SqFt: 357.89
Section Details
Parcel Number MLX: 0040
Status Change Information
Major Change Timestamp: 2026-10-19T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-10-19
Originating Details
Originating System Key: 567624610
Originating System ID: M00000151
Property Features
Documents Available: Rent Rolls
Flooring: Clay
Structure Type: Multi Family
Construction Materials: Block
Cooling: Electric
Heating: Central; Separate Meters
Listing Terms: Cash; Conventional; FHA
Possession: Close Of Escrow; Negotiable
Roof: Shingle
Sewer: Public Sewer
Tax Information: Tax Reflects No Exemptions
Utilities: Cable Available
Showing Requirements: Call Listing Agent
Unit 1 Parking Features: Parking Space
Unit 2 Parking Features: Parking Space
Unit 3 Parking Features: Parking Space
Unit 4 Parking Features: Parking Space
Listing Office: Brown Harris Stevens

Last Updated: November - 02 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

