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Duplex with Private Entrances
New
For Sale
$429,000

105 NW 7th Ave, Homestead, FL 33030

Residential Income, Homestead, FL

Property Size978 SF
Price / SF$438.65
Days on Market1

Property Features for 105 NW 7th Ave

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description 0100
Bedrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2
Parking 2
Subdivision BLVD ADDN
Lot features < 1/4 Acre
Standard status Active
APN 10-78-13-024-1910
Size 978 SF

Taxes and HOA fees

Tax Year 2025
Tax Description BOULEVARD ADDN PB 2-98 LOT 18 BLK 16 LOT SIZE 53 X 134 OR 19841-1284 082001 1
Tax Annual Amount 2675
Legal Description BOULEVARD ADDN PB 2-98 LOT 18 BLK 16 LOT SIZE 53 X 134 OR 19841-1284 082001 1

Utilities

Heating system Wall Furnace
Cooling system Wall/Window Unit(s), Window Unit(s)

Amenities

private entrance
mature trees
open green space
storage shed
gated access
separate pathways

Building Details

Year built 1953
Floors in Building 1
Flooring type Tile
Building materials CBS (Concrete Block Structure), Block
Roof type Flat, Tile
Listing Agency: Keller Williams Capital Realty · Keller Williams Realty
Listed By: Cristian Chavez · License #3352712
Added: Nov 3 Last Checked: Nov 3 at 9:06AM
MLS# A11998162

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 978-square-foot duplex dates to 1953 and is built with concrete block construction. The two units have separate entrances, and the property includes a storage shed, gated access, and individual paths. Interior finishes include tile flooring, with wall-furnace heating and window-unit cooling.

The property is in Homestead, Florida, at 105 NW 7th Ave. Mature trees and open green space are also present on the lot.

Key Highlights

  • 978‑square‑foot duplex built in 1953
  • Two units, each with a private entrance
  • Gated access and separate paths

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,303
Cap Rate
3.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,060 $326.1K
Cap Rate 7%
$232,900 $232.9K
Cap Rate 9%
$181,144 $181.1K
Market Conditions
NOI Build-Up for 978 SF
Gross rent
$24.6K $25.20/SF
− Vacancy
−$1.4K −$1.39/SF
EGI
$23.3K $23.81/SF
− OpEx
−$7.0K −$7.14/SF
NOI
$16.3K $16.67/SF
Area
Miami-Dade County, FL
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,060
Cap Rate 7%
$232,900
Cap Rate 9%
$181,144

Alternative Uses

Best Use
Multifamily LT 5
$232.9K
$203.8K – $271.7K (±1% cap)
NOI $16,303 @ 7.0% cap · market cap 3.80%
Second Best
Apartment 5plus
$214.9K
$188.0K – $250.7K (±1% cap)
NOI $15,041 @ 7.0% cap · market cap 3.51%
Theoretical Best
Office A
$496.2K
$434.2K – $578.9K (±1% cap)
NOI $34,733 @ 7.0% cap · market cap 8.10%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,626
Businesses Nearby

Demographics for 33030, FL

36,776
Population
11,217
Households
3.3
Avg Household Size
33
Median Age
15%
College-Educated
61%
High-School Grad
17.6 sq mi
ZIP Area
2,090
Density / Sq Mi
$43,231
Median Household Income
$28,214
Median Earnings
$1,307
Median Rent
$382,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separate living spaces each have their own entry, with gated access and individual paths across the property.
Where is this duplex located?
The property is located at 105 NW 7th Ave Homestead, FL.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: 978‑square‑foot duplex built in 1953; Two units, each with a private entrance; Gated access and separate paths
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