29040 Old Dixie Hwy Homestead, FL 33033
This exceptional investment opportunity presents a portfolio of four contemporary duplexes, totaling eight units, situated on approximately 0.96 acres in Homestead, Florida. Built in 2017, these single-story buildings boast a combined 41,868 square feet and offer 48 parking spaces. The property features six three-bedroom, two-bathroom units and two two-bedroom, two-bathroom units, currently enjoying 100% occupancy. Strategically located near the Miami Busway and US-1 (S Dixie Highway), this portfolio benefits from its proximity to the Southland Mall redevelopment and other recent housing developments, promising significant future growth. The property is also conveniently located near major retailers including Target, Walmart, and Publix. With rents currently below market rate, there's substantial value-add potential for increased profitability. The entire property was recently repainted in October 2024. This turnkey investment offers a compelling opportunity for immediate income generation and long-term appreciation. Detailed financial information is available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.