Duplex with Separate
For Sale
Under Contract
$365,000
536 SW 6th Ter, Homestead, FL 33030
Residential Income, Homestead, FL
Property Size900 SF
Price / SF$405.56
Days on Market93
Property Features for 536 SW 6th Ter
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
1900
Bedrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 2
Parking
2
Subdivision
LINCOLN PARK ADD TO HOMES
Lot features
< 1/4 Acre
Standard status
Active Under Contract
APN
10-78-13-036-0800
Size
900 SF
Additional Details
Tenant in Place
Yes
Individually Metered Utilities
unspecified utilities
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
Legal 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
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Wall Furnace
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public
Building Details
Year built
1960
Floors in Building
1
Flooring type
Tile - Porcelian
Building materials
CBS (Concrete Block Structure), Block
Listing Agency:
Keller Williams Capital Realty · Keller Williams Realty
(305) 662-7325
Listed By:
Yusimay Lorenzo Gonzalez · License #3598370
(305) 331-4256
Added: Jul 23
Changed: Oct 23
Last Checked: Oct 23 at 11:06PM
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.
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Investment Insights
Based on property information with market context.
This 900-square-foot duplex contains two separate 1-bedroom, 1-bathroom units. One residence is tenant-occupied, while the other is vacant. Each unit has its own meter. The building dates to 1960 and features concrete block construction, porcelain tile flooring, wall-furnace heating, and window or wall/window cooling. Updates include PVC plumbing, a 2023 roof replacement, impact windows, and shutters on the remaining windows. The lot is fenced.
The property is at 536 SW 6th Ter in Homestead, with access to major highways, shopping, schools, and public transportation. Public water and sewer serve the property, and cable is available.
The property is at 536 SW 6th Ter in Homestead, with access to major highways, shopping, schools, and public transportation. Public water and sewer serve the property, and cable is available.
Key Highlights
- Two 1‑bedroom, 1‑bathroom units
- 900 square feet of building area
- One unit occupied; the other vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,003
Cap Rate
4.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$300,060
$300.1K
Cap Rate 7%
$214,329
$214.3K
Cap Rate 9%
$166,700
$166.7K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$22.7K $25.20/SF
− Vacancy
−$1.2K −$1.39/SF
EGI
$21.4K $23.81/SF
− OpEx
−$6.4K −$7.14/SF
NOI
$15.0K $16.67/SF
Area
Miami-Dade County, FL
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$300,060
Cap Rate 7%
$214,329
Cap Rate 9%
$166,700
Alternative Uses
Best Use
Multifamily LT 5
$214.3K
$187.5K – $250.1K
NOI $15,003 @ 7.0% cap · market cap 4.11%
Second Best
Apartment 5plus
$197.7K
$173.0K – $230.7K
NOI $13,841 @ 7.0% cap · market cap 3.79%
Theoretical Best
Office A
$456.6K
$399.5K – $532.7K
NOI $31,963 @ 7.0% cap · market cap 8.76%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,296
Businesses Nearby
Explore this area
Business Placement
Demographics for 33030, FL
36,776
Population
11,217
Households
3.3
Avg Household Size
33
Median Age
15%
College-Educated
61%
High-School Grad
17.6 sq mi
ZIP Area
2,090
Density / Sq Mi
$43,231
Median Household Income
$28,214
Median Earnings
$1,307
Median Rent
$382,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two one-bedroom residences have independent utility meters, with one currently occupied and the other vacant.
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 $365,000.
What are key features of this property?
This property features: Two 1‑bedroom, 1‑bathroom units; 900 square feet of building area; One unit occupied; the other vacant
