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    634 7Th St Homestead, FL 33030

    For Sale
    $659,000

    Brand-new, 2-unit duplex, high ROI.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional investment opportunity presents a brand-new, two-unit duplex located at 634 SW 7th St, Homestead, Florida, 33030, in Miami-Dade County. Completed in September 2024, this two-story building offers two spacious units, each boasting 3 bedrooms and 2 bathrooms, totaling 1,184 square feet of living space. The units are finished to a high standard, featuring premium materials throughout. These include porcelain tile flooring, quartz countertops, sleek white wood cabinetry, chrome fixtures, and stainless steel appliances. High-impact windows and doors provide both security and energy efficiency. The asking price for this turnkey investment property is $659,000. Importantly, there are no community development district (CDD) fees or developer fees associated with this property, making it an even more attractive investment. This duplex represents a strong income-generating opportunity in a desirable location, offering a compelling return on investment for discerning buyers. The property's modern design and high-quality finishes ensure long-term appeal and potential for strong rental income. This is a rare chance to acquire a newly constructed, move-in ready duplex in a thriving Florida market.

    Property Features for 634 7Th St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    2024
    Stories
    2
    Units
    2

    HighLights

    • Brand‑new, two‑unit duplex in Homestead, FL.
    • Two 3 bed/2 bath units, each 1,184 sq ft.
    • High‑end finishes including porcelain tile, quartz countertops, and stainless steel appliances.
    • $659,000 asking price; no CDD or developer fees.
    • Turnkey investment opportunity in a desirable location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Homestead
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.486142
    Latitude
    25.463102

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    FAQs

    What type of property is this?
    Multifamily property - Brand-new, 2-unit duplex, high ROI.
    Where is this multifamily property located?
    The property is located at 634 7Th St Homestead, FL.
    What is the asking price?
    The asking price for this property is $659,000.
    What are key features of this property?
    This property features: Brand-new, two-unit duplex in Homestead, FL.; Two 3 bed/2 bath units, each 1,184 sq ft.; High-end finishes including porcelain tile, quartz countertops, and stainless steel appliances.
    Request Owner's contact information
    634 7Th St Homestead, FL 33030
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    Homestead, FL 33030
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    634 7Th St Homestead, FL 33030
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