430 SW 10th Ave, Homestead, FL 33030
- Added:
- May 20, 2026
- Days on Market:
- 50
- Last Refresh:
- Jul 8 at 3:06 pm
Property Features for 430 SW 10th Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Rooms
- Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 3
- Parking
- 8
- Standard status
- Active
- APN
- 10-78-13-054-0810
- Size
- 4,248 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 13 57 38 .65 AC ROOSEVELT HOMESITES PB 44-35 LOTS 18 THRU 22 INC BLK 5 LOT SIZE 32676 SQ FT OR 12926-2631/21612-4174 0286 4 COC 22528-4639 0
- Tax Annual Amount
- 14677
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1987
- Floors in Building
- 1
- Flooring type
- Vinyl, Tile
- Building materials
- Block
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Valentina Verdia License #3512870 (954) 817-9381
Listing office South Florida Real Estate Grp 8961 SW 212 Terr, Miami, FL (305) 254-4545
Listing date May 20, 2026
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.
HighLights
- 1987 block construction duplex property with central heating and central A/C
- Two duplexes totaling four occupied 3‑bedroom, 1.5‑bath units with kitchen and family room
- Each unit includes washer/dryer hookups and ample parking
- Currently generating approximately $8,400/month in gross rental income
- Additional land of approximately 16,000 SF with conceptual potential for up to three 5,000 SF single‑family lots (subject to City of Homestead approval and buyer verification)
- Utilities include cable available; served by public sewer; roof is shingle
Overview
Located in Homestead, the site is described as an infill redevelopment opportunity near Historic Downtown Homestead, major transit corridors, schools, shopping, and an active redevelopment environment. The property’s existing income-producing units support an operational status while a buyer evaluates future options.
This configuration can suit buyers who want current rental income from the four occupied units and the flexibility to pursue additional land development pending municipal approval. It may also appeal to investors or land-minded buyers seeking a mixed approach of stabilized residential income alongside a redevelopment planning component. All future lot concepts would require buyer confirmation and the appropriate approvals through the City of Homestead.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $107.0k | $25.20 |
| − Vacancy | −$5.9k | −$1.39 |
| EGI | $101.2k | $23.81 |
| − OpEx | −$30.3k | −$7.14 |
| NOI | $70.8k | $16.67 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Homestead
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.489726
- Latitude
- 25.465608
