Quadplex with Impact
14923 SW 302nd Ter, Homestead, FL 33033
For Sale
$699,999
Pending
Residential Income, Homestead, FL
Property Size2,230 SF
Days on Market115
Property Features for 14923 SW 302nd Ter
General Information
Property type
Property subtype
Zoning description
Bedrooms
Full bathrooms
Rooms
Parking
Subdivision
Lot features
Standard status
APN
Size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Architectural style
Listing Agency:
Prestige Properties Internatio · Realty World
(786) 605-5550
Listed By:
Carlos Amastha · License #3547836
(305) 479-7941
Added: Jul 18
Changed: Nov 4
Last Checked: Nov 9 at 6:06AM
MLS# A11837142
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.
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Investment Insights
Based on property information with market context.
This 2,230-square-foot quadplex was built in 1970 and includes six bedrooms and four bathrooms. The property has wood siding, tile flooring, a shingle roof, central heating, central air, and ceiling fans. Impact windows are installed, and the roof is four years old; the air-conditioning system is three years old.
The property is located at 14923 SW 302nd Ter in Homestead, Florida, within Miami-Dade County. Parking includes six on-site spaces plus two additional street parking spots. Public water and public sewer serve the property, and cable service is available. The property is identified as a grandfathered multifamily income-producing asset.
The property is located at 14923 SW 302nd Ter in Homestead, Florida, within Miami-Dade County. Parking includes six on-site spaces plus two additional street parking spots. Public water and public sewer serve the property, and cable service is available. The property is identified as a grandfathered multifamily income-producing asset.
Key Highlights
- 2,230‑square‑foot quadplex with six bedrooms and four bathrooms
- Six on‑site parking spaces plus two additional street parking spots
- Impact windows and a roof that is four years old
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,604
Cap Rate
4.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$692,080
$692.1K
Cap Rate 7%
$494,343
$494.3K
Cap Rate 9%
$384,489
$384.5K
Market Conditions
NOI Build-Up for 2,230 SF
Gross rent
$67.4K $30.24/SF
− Vacancy
−$4.5K −$2.03/SF
EGI
$62.9K $28.21/SF
− OpEx
−$28.3K −$12.70/SF
NOI
$34.6K $15.52/SF
Area
Miami-Dade County, FL
Vacancy
6.70%
Lease Rate
$30.24 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$692,080
Cap Rate 7%
$494,343
Cap Rate 9%
$384,489
Alternative Uses
Best Use
Apartment 5plus
$494.3K
$432.6K – $576.7K
NOI $34,604 @ 7.0% cap · market cap 4.94%
Second Best
Multifamily LT 5
$374.0K
$327.3K – $436.4K
NOI $26,181 @ 7.0% cap · market cap 3.74%
Theoretical Best
Office A
$1.22M
$1.07M – $1.42M
NOI $85,242 @ 7.0% cap · market cap 12.18%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
650
Businesses Nearby
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Business Placement
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
$364,700
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Miami-Dade County, FL
Properties on Market for Quadplexes in Miami-Dade County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Grandfathered multifamily property with central air, tile flooring, and public water and sewer service.
Where is this quadplex located?
The property is located at 14923 SW 302nd Ter Homestead, FL.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: 2,230‑square‑foot quadplex with six bedrooms and four bathrooms; Six on‑site parking spaces plus two additional street parking spots; Impact windows and a roof that is four years old
