Legal Duplex with Vacant
536 SW 6th Ter Homestead, FL 33030
New
For Sale
$399,000
MULTI_FAMILY - Homestead, FL
Property Size900 SF
Price / SF$443.33
Days on Market2
Property Features for 536 SW 6th Ter
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 2
- Rooms
- Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1
- Parking
- 2
- Standard status
- Active
- APN
- 10-78-13-036-0800
- Size
- 900 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LINCOLN PARK ADD TO HOMESTEAD PB 6-185 LOTS 9 & 10 BLK 5 LOT SIZE 50.000 X 97 OR 16321-1271 0494 4 COC 22207-2783 04 2004 1
- Tax Annual Amount
- 5843
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Wall Furnace
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
Building Details
- Year built
- 1960
- Floors in Building
- 1
- Building materials
- Block
Listing Agency:
Keller Williams Capital Realty
(305) 662-7325
Listed By:
Yusimay Lorenzo Gonzalez · License #3598370
(305) 331-4256
Added: Jul 23
Changed: Jul 24
Last Checked: Jul 24 at 5:06AM
MLS# A12058431
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.
Investment Insights
Based on property information with market context.
This legal duplex includes two separate 1-bedroom, 1-bath units. One unit is currently vacant and ready for occupancy or lease, while the other is tenant-occupied, providing immediate rental income. The property is described as well maintained and includes recent updates such as PVC plumbing and a flat roof completed in 2023. Impact windows and shutters are also noted for full hurricane protection credit eligibility on the remaining windows.
A fenced lot supports the property’s residential income setup. The location is described as providing convenient access to major highways, shopping, schools, and public transportation.
The duplex is offered for sale in Homestead, Florida, and may suit buyers seeking either owner-occupancy or investment use, with the seller indicating willingness to contribute toward buyer closing costs with an acceptable offer.
A fenced lot supports the property’s residential income setup. The location is described as providing convenient access to major highways, shopping, schools, and public transportation.
The duplex is offered for sale in Homestead, Florida, and may suit buyers seeking either owner-occupancy or investment use, with the seller indicating willingness to contribute toward buyer closing costs with an acceptable offer.
Key Highlights
- Legal duplex featuring two separate 1BR/1BA units
- One unit tenant‑occupied for immediate rental income; second unit is vacant and ready for occupancy or lease
- Recent updates include PVC plumbing and a flat roof (2023)
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 | $22.7k | $25.20 |
| − Vacancy | −$1.2k | −$1.39 |
| EGI | $21.4k | $23.81 |
| − OpEx | −$6.4k | −$7.14 |
| NOI | $15.0k | $16.67 |
900 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$214.3K
$187.5K – $250.1K
NOI $15,003 @ 7.0% cap · market cap 3.76%
Second Best
Apartment 5plus
$197.7K
$173.0K – $230.7K
NOI $13,841 @ 7.0% cap · market cap 3.47%
Theoretical Best
Office A
$456.6K
$399.5K – $532.7K
NOI $31,963 @ 7.0% cap · market cap 8.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Well-maintained legal duplex offers two 1BR/1BA units, with one vacant and one currently tenant-occupied.
Where is this duplex located?
The property is located at 536 SW 6th Ter Homestead, FL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Legal duplex featuring two separate 1BR/1BA units; One unit tenant‑occupied for immediate rental income; second unit is vacant and ready for occupancy or lease; Recent updates include PVC plumbing and a flat roof (2023)
