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Property profile

29401 174Th Ave Homestead, FL 33030

OFF-MARKET
Apartment buildings
Property ID
US18-8048235
Built 1924
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Property summary

AI-generated overview

This exceptional four-unit apartment building presents a compelling investment opportunity in the desirable Homestead, Florida market. Built in 1924, this two-story property is situated at 29401 SW 174th Ave, 33030, within Miami-Dade County. The asking price is $899,000. The property boasts a prime location near the popular Fruit and Spice Park and Homestead Station, providing convenient access to a wide array of restaurants and shopping options. Outdoor enthusiasts will appreciate the easy drive to Everglades National Park, Biscayne National Park, and the Florida Keys. This multifamily property offers a significant advantage with no HOA or CDD fees, minimizing ongoing expenses for the owner. The building comprises four units, making it an ideal investment for generating rental income. The property's age and location contribute to its unique character and potential for appreciation. This is a rare opportunity to acquire a well-situated multifamily property in a thriving South Florida community. The property's strong location and lack of HOA/CDD fees make it a particularly attractive investment. Serious inquiries are encouraged to explore this promising venture further.

Property profile

Verified
Property type Apartment buildings
Year built 1924
UPID US18-8048235

Cap rate & NOI

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

Location

29401 174Th Ave 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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