We're pleased to offer a great commercial real estate opportunity at 1302 NE 1 Ave. This well maintained four-plex is fully occupied with month-to-month tenants and provides a total of 3,344 SF divided into four 2 BD, 1 BA. The property, sitting on an 8,088 SF lot with an adjacent lot of the same size with a total of 16,176 SF Lot which offers room for expansion or development. The property is currently undergoing a routine 40-year recertification process for long-term compliance and stability. While it's a promising investment, some updates, particularly in the bathrooms and kitchens, could enhance its appeal and functionality. There's also potential for gradual rent increases. This is a unique opportunity to invest in commercial real estate in a prime location.
Sold for $820,000 on 12/28/23
$820,000
1302 NE 1st Ave, Homestead, FL 33030
8beds
4baths
3,344sqft
Quadruplex
Built in 1972
-- sqft lot
$832,900 Zestimate®
$245/sqft
$2,582 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: January 04, 2024 at 08:00am
Listed by:
Giovanni Vasquez 786-202-3303,
Synergy Realty Advisors,
Andros Sarduy 305-297-3557,
Synergy Realty Advisors
Bought with:
Giovanni Vasquez, 3333058
Synergy Realty Advisors
Andros Sarduy, 3225429
Synergy Realty Advisors
Source: MIAMI,MLS#: A11469299
Originating MLS: A-Miami Association of REALTORS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Electric
Cooling
- Electric
Features
- Flooring: Ceramic Tile
Interior area
- Total structure area: 3,848
- Total interior livable area: 3,344 sqft
Property
Parking
- Total spaces: 8
Features
- Stories: 2
Lot
- Features: 1/2 To Less Than 3/4 Acre Lot
Details
- Parcel number: 1079070340180
- Zoning: 3000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Concrete Block Construction
- Roof: Concrete
Condition
- Year built: 1972
Utilities & green energy
- Sewer: Other
Community & neighborhood
Location
- Region: Homestead
- Subdivision: North Diamond Park
Other
Other facts
- Listing terms: All Cash,Conventional
Services availability
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Estimated market value
$832,900