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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

    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.

    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#: A11469299MLS LogoOriginating 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