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Five-Unit Townhome Portfolio
For Sale
$2,270,890

11919 SW 247 Ter, Homestead, FL 33032

Recently built townhomes in gated communities are supported by one-year leases with renewal options.

Property Size1,695 SF
Days on Market128

Property Features for 11919 SW 247 Ter

General Information

Standard status Active
Size 1,695 SF
Property subtype Investment

Additional Details

Multifamily Units 5

Building Details

Building Size 1,695 SF
Year Built 2023
Buildings 5
Stories 2
Units 5
Listing Agency: Brickell Realty Group, LLC
Listed By: Maria Rodriguez · License #3227987
Source: Elliman
Added: Apr 29 Changed: Aug 30 Last Checked: Aug 31 at 7:04PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brickell Realty Group, LLC

Investment Insights

Based on property information with market context.

This multifamily portfolio comprises five modern townhomes, each individually deeded and built in 2023. The residences are distributed across established South Dade County communities and are located within gated developments. The portfolio offers a diversified collection of residential assets rather than a single-site property, with each home positioned for separate ownership or future disposition.

One-year leases are currently in place for the townhomes, and each lease includes renewal options. The properties are located in Homestead, Florida, within the South Dade County market. Available mobility scores indicate a car-dependent setting, with some transit access and limited bike accessibility.

Key Highlights

  • Five modern townhomes built in 2023
  • Individually deeded residential assets
  • Located within gated communities across South Dade County

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Law Firm Auto Repair Shop Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

301
Businesses Nearby

Demographics for 33032, FL

58,727
Population
19,102
Households
3.1
Avg Household Size
34
Median Age
24%
College-Educated
83%
High-School Grad
18.2 sq mi
ZIP Area
3,227
Density / Sq Mi
$74,995
Median Household Income
$36,515
Median Earnings
$1,626
Median Rent
$374,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Recently built townhomes in gated communities are supported by one-year leases with renewal options.
Where is this multifamily property located?
The property is located at 11919 SW 247 Ter Homestead, FL.
What is the asking price?
The asking price for this property is $2,270,890.
What are key features of this property?
This property features: Five modern townhomes built in 2023; Individually deeded residential assets; Located within gated communities across South Dade County
More about this property
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