26703 138Th Ct Naranja, FL 33032
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 26703 138Th Ct
- Year built
- 1964
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This charming 1964-built duplex in Homestead, Florida, presents a compelling investment opportunity. Situated on a spacious 10,725 sq ft lot in Miami-Dade County, this property offers significant upside potential. Currently configured as a two-unit duplex, it's zoned to allow for expansion up to six units and two stories, providing substantial growth opportunities for the astute investor. One unit boasts a recent remodel, while the other underwent updates just three years ago. Each unit features two bedrooms and one bathroom, finished with modern amenities. The property enjoys a prime location near shopping and public transportation, ensuring strong tenant demand. With a current market rent of $2,200 per unit and a projected capitalization rate exceeding 10%, this property offers a strong return on investment. The asking price is $515,000. Additional photos are forthcoming. This single-story building is located at 26703 SW 138th Ct, Homestead, FL 33032.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Naranja
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.4154
- Latitude
- 25.5189
