Quadruplex in 1207 NE 1st Avenue, Homestead, FL 33030 for sale with MLS# A12108749
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.
1207 NE 1st Avenue, Homestead, FL 33030
- Price:
- $889,000.00
- Original List Price:
- $889,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $357.89
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Fourplex (Quadruplex)
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- October 19, 2026 4:00 am
- Living Area:
- 2,484 Sqft
- Built-Up Area:
- 2,614 Sqft
- Waterfront:
- No
- Air Conditioning
- Air Conditioning System:
- Electric
- Heating
- Heating System:
- Central, Separate Meters
- Year Built:
- 1990
- Roof:
- Shingle
- Number of Units Total:
- 4
- Levels:
- Two
- Construction Materials:
- Block
- Flooring:
- Clay
- Number of stories:
- 1
- Structure Type:
- Multi Family
- Number of Units in the Community or Building:
- 4
- Flood Zone Code:
- X
- Tax Annual Amount:
- $6,900.00
- Tax Year:
- 2025
- Property Tax Details:
- Tax Reflects No Exemptions
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available
- Subdivision Name:
- DIAMOND PARK RE SUB
- Senior Community:
- No
- Documents Available:
- Rent Rolls
- Listing Terms Considered by Seller:
- Cash, Conventional, FHA
- Buyer Possession:
- Negotiable, Close Of Escrow
- 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
- Real Estate Folio Number (Parcel Number):
- 1079070290040
- Zoning:
- 5700
- Elementary School:
- Avocado
- High School:
- South Dade
- Middle Or Junior School:
- South Dade
- Active on the market since:
- October 19, 2026
- Listing Agreement executed on:
- October 19, 2026
- Listing Status Last Changed On:
- October 19, 2026 4:00 am
- Photos updated on:
- October 19, 2026 3:38 pm
- Last Modified:
- October 19, 2026 4:45 pm
- Courtesy of:
- Brown Harris Stevens
- Attribution:
- Not provided
- Street Name:
- 1st
- Street Number:
- 1207
- City:
- Homestead
- State:
- Florida
- Zip Code:
- 33030
- County:
- Miami-Dade
- Latitude:
- N25° 28' 55''
- Longitude:
- W81° 31' 31.6''
- Street Suffix:
- Avenue
- Street Direction Prefix:
- NE
Want to schedule an in-person or virtual tour? Have questions?
Want to schedule an in-person or virtual tour? Have questions?
Schedule a Tour or Ask a Question
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Ver la propiedad 1207 NE 1st Avenue, Homestead, FL 33030
