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Property profile & analytics
FOR SALE
Commercial real estate

651 SW 4Th Ave Homestead, FL 33030

Built 1958
Property ID
US18-4757107
Property summary
AI-generated overview

This exceptional multifamily investment property, located at 651 SW 4th Ave, Homestead, FL 33030, presents a compelling opportunity for savvy investors. The property consists of three buildings, each housing four individual units, totaling twelve units in all. Built in 1958, this one-story complex sits on a substantial lot of approximately 15,000 square feet, offering significant potential for future development or expansion. Each unit features one bedroom and one bathroom, providing a consistent and manageable rental portfolio. The property is connected to city sewer, and each unit benefits from its own individual water and electric meters, simplifying utility management and billing. The asking price for this turnkey investment is $3,000,000, representing a strong value proposition in the thriving Homestead, Florida market. The property's location in Miami-Dade County provides convenient access to major transportation routes and amenities. This is a rare chance to acquire a sizable multifamily property with proven rental income potential and significant upside. The property's solid construction and established tenant base make it an attractive investment for both seasoned and emerging real estate investors seeking a stable and profitable addition to their portfolio. Don't miss this chance to own a whole block in a rapidly growing area.

Property profile
Verified
Property type Commercial real estate
Year built 1958
UPID US18-4757107
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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CAP Approach CAP
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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