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Property profile & analytics
OFF-MARKET
Small apartment buildings

1167 8Th Ave Homestead, FL 33030

2,137 SF Built 1972
Property ID
US19-0791835
Property summary
AI-generated overview

This charming 1-story, 2,137 square foot duplex located at 1167 NW 8th Ave, Homestead, FL 33030 presents a fantastic investment opportunity. Built in 1972, this property boasts two units: a 2-bedroom, 1-bathroom and a 3-bedroom, 1-bathroom. Currently occupied by long-term month-to-month tenants, the property offers immediate income potential with rents significantly below market value, allowing for substantial rental increases. Recent improvements include a fresh coat of paint throughout and well-maintained bathrooms. The electrical system was professionally updated eight years ago, complete with permits, and the property features two separate meters for efficient utility management. A spacious backyard adds to the property's appeal. Situated in a desirable rental area of Homestead within Miami-Dade County, this legal duplex is an exceptional addition to any investment portfolio. The property's strong fundamentals, combined with its upside potential, make it an attractive proposition for savvy investors seeking immediate returns and long-term growth. This is a rare opportunity to acquire a well-maintained, income-producing property in a thriving South Florida market.

Property profile
Verified
Property type Small apartment buildings
Year built 1972
Total area 2,137 SF
UPID US19-0791835
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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