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Property profile

1200 9Th St Homestead, FL 33030

OFF-MARKET
Apartment buildings
Property ID
US18-7882289
Built 1940
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Property summary

AI-generated overview

This exceptional investment opportunity presents a charming 1940-built duplex located at 1200 NW 9th St, Homestead, FL 33030, in Miami-Dade County. The property, situated on a desirable corner lot, offers ample parking for tenants. This multifamily property consists of two units: a three-bedroom, one-bathroom unit and a two-bedroom, one-bathroom unit. Currently occupied by long-term tenants under month-to-month agreements, the property presents a unique chance to capitalize on below-market rents. The asking price is $475,000. The single-story building provides easy access and management. This is an ideal investment for those seeking a stable income stream with significant upside potential in a growing market. The property's location in Homestead, Florida, offers convenient access to local amenities and transportation. The corner lot provides excellent visibility and potential for future expansion or development. This is a rare opportunity to acquire a well-maintained duplex in a highly sought-after area. Don't miss out on this chance to add a valuable asset to your portfolio.

Property profile

Verified
Property type Apartment buildings
Year built 1940
UPID US18-7882289

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1200 9Th St Homestead, FL 33030
Homestead metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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