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Four-Duplex Multifamily Portfolio
For Sale
Contact for pricing
Pending

29040 Old Dixie Hwy, Homestead, FL 33033

Recently repainted multifamily property with a mix of two- and three-bedroom rental units.

Property SizeContact for details
Lot Size0.96 Acres
Days on Market144

Property Features for 29040 Old Dixie Hwy

General Information

Standard status Pending
Lot size 0.96 Acres
Property subtype Multifamily

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 6 x 3BR/2BA, 2 x 2BR/2BA
Multifamily Units 8

Building Details

Year Built 2017
Buildings 4
Construction contemporary
Listing Agency: Florida Realty of Miami Corp
Listed By: Michael Fernandez · License #SL 3586558
Source: Crexi
Added: Apr 12 Changed: Sep 2 Last Checked: Sep 1 at 11:36PM

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 Florida Realty of Miami Corp

Investment Insights

Based on property information with market context.

This multifamily portfolio includes four adjacent duplex homes built in 2017, comprising eight rental units. The unit mix includes six three-bedroom, two-bath residences and two two-bedroom, two-bath residences. The property was repainted in October 2024, and the combined site measures approximately 42,000 square feet, or 0.96 acres.

Located at 29040 Old Dixie Hwy in Homestead, the portfolio sits adjacent to the Miami Busway and near US-1, also known as South Dixie Highway. Target, Walmart, Publix, and other retail options are nearby. The property is approximately 15 minutes south of the Southland Mall redevelopment and is positioned among recent housing developments.

Key Highlights

  • Four adjacent duplex homes built in 2017
  • Eight rental units: six 3 bed/2 bath and two 2 bed/2 bath
  • Combined lot size of approximately 42,000 sqft (0.96 acres)

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Building Supply Law Firm Big Box & Wholesale Store

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

8
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

597
Businesses Nearby

Demographics for 33033, FL

66,871
Population
21,426
Households
3.1
Avg Household Size
34
Median Age
23%
College-Educated
79%
High-School Grad
22.3 sq mi
ZIP Area
2,999
Density / Sq Mi
$66,662
Median Household Income
$37,018
Median Earnings
$1,648
Median Rent
$364,700
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?
Duplex - Recently repainted multifamily property with a mix of two- and three-bedroom rental units.
Where is this duplex located?
The property is located at 29040 Old Dixie Hwy Homestead, FL.
What are key features of this property?
This property features: Four adjacent duplex homes built in 2017; Eight rental units: six 3 bed/2 bath and two 2 bed/2 bath; Combined lot size of approximately 42,000 sqft (0.96 acres)
(786) 369-5518 Call to check price and availability
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