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$7,000,000
29929 SW 159
Homestead, FL 33033
MLS# A12118742
1134 sqft


Aerial Plat Survey. Mapping the boundaries and site positioning of the property
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Aerial Plat Survey. Mapping the boundaries and site positioning of the property

Property Description
We are pleased to offer a portfolio of eight multifamily buildings totaling 31 units Homestad- Florida City area, in South Miami-Dade. The buildings are low-rise walk-up properties (one- and two-story) with a unit mix weighted toward 2-bedroom/1-bath apartments. The portfolio is currently 67.7% occupied (21 rented, 10 vacant), and the units are in need of improvement. BLDG 1 & BLDG 8 are two-story buildings with 4 units each. In our assessment, with additional work each could be converted into an 8-unit building, doubling the unit count in each building (from 8 units to 16 across the two) and bringing the portfolio from 31 to 39 units

Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-11-10
Status: Active
Original List Price: 7000000
List Price: $7,000,000
Current Price: $7,000,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Homestead
Municipal Code: 30
Postal Zip: 33033
Subdivision Number: 19
Flood Zone: X
Country: United States
Street Number: 29929
Street Direction Prefix: SW
Street Name: 159
State Or Province: FL
Postal Code: 33033
Postal Code +4: 3411
Subdivision Name: SCHOOL HOUSE SUB
Area: 2790
Elementary School: Campbell Drive K-8
Middle Or Junior School: Redland
High School: South Dade
Parcel Number: 3079080190430
Zoning: 0100
General Property Information
Number Of Units Total: 1
Adjusted Area Main: 1083
Living Area Main: 1058
Parking Total: 0
Stories Total: 2
Pool Private YN: No
Property Sub Type: Quadruplex
Building Area Main: 1134
Year Built: 1973
Financial Information
Estimated Monthly Assoc Recurring Fee: 0
Tax Annual Amount: 36000
Tax Year: 2025
Tax Legal Description: SCHOOL HOUSE SUB PB 96-100 LOT 8 BLK 3 LOT SIZE 75.000 X 100 OR 19566-4888 032001 1 COC 25987-2365 09 2007 5
Office/Member Information
DXORIGMLSID: SEF
Electric
Circuit Breakers: 1
Flooring
Ceramic Tile: 1
Documents Available
Other Available Information: 1
Meter Information
Separate Electric Meters YN: Yes
Structure Type
Multi Family: 1
Possession
Close Of Escrow: 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
Roof
Shingle: 1
Income and Expenses
Gross Income: 6400
Cooling
Ceiling Fan(s): 1
Showing Requirements
24 Hour Notice: 1
Tax Information
Tax Reflects No Exemptions: 1
Unit 1 Appliances
Dryer: 1
Microwave: 1
Unit 1 Details
Actual Rent: 6400
Baths Full: 4
Baths Half: 4
Beds Total: 8
Efficiency YN: No
Furnished: Unfurnished
Unit 1 Lease Description
Currently Leased YN: Yes
Unit 1 Other Equipment
Air Conditioning Unit: 1
Unit 1 Parking Features
On Street: 1
Price Calculations
Current Price To SqFt: 6616.25
Section Details
Parcel Number MLX: 0430
Status Change Information
Major Change Timestamp: 2026-11-10T05:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-11-10
Originating Details
Originating System Key: 569936743
Originating System ID: M00000151
Property Features
Documents Available: Other Available Information
Electric: Circuit Breakers
Flooring: Ceramic Tile
Structure Type: Multi Family
Construction Materials: Block
Cooling: Ceiling Fan(s)
Heating: Central; Separate Meters
Listing Terms: Cash; Conventional
Possession: Close Of Escrow
Roof: Shingle
Sewer: Public Sewer
Tax Information: Tax Reflects No Exemptions
Utilities: Cable Available
Showing Requirements: 24 Hour Notice
Unit 1 Appliances: Dryer; Microwave
Unit 1 Other Equipment: Air Conditioning Unit
Unit 1 Parking Features: On Street

IDX
Listing Office: Albo Realty Group Inc.
Source MLS Verified

Last Updated: November - 10 - 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.