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Property profile & analytics
OFF-MARKET
Retail residential properties

706 5th St Homestead, FL 33030-6971

1,732 SF 0.11 ac lot Built 1969
Entity Owned 1-yr Hold Free & Clear
Property ID
US18-9044644
Property summary
AI-generated overview

This exceptional investment opportunity presents a nine-unit multifamily property located at 706 SW 5th St, Homestead, FL 33030, in Miami-Dade County. The property, built in 1969, boasts a total of 1,732 square feet across a single, one-story building. Currently operating at 100% occupancy, this stabilized investment features nine units, all occupied by month-to-month tenants, providing immediate cash flow and flexibility. The low operating expenses contribute to a strong return on investment. The property's Class C designation reflects its potential for value appreciation through strategic renovations or upgrades. The property's APN is 10-7813-036-0410. This is a rare opportunity to acquire a well-performing multifamily asset in a growing market, offering significant potential for long-term growth and passive income. The asking price for this turnkey investment is $575,000. This property is a solid addition to any portfolio seeking stable, high-occupancy returns.

Property profile
Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1969
Construction CONCRETE
Total area 1,732 SF
Lot 0.11 ac (4,947 SF)
Zoning code 1900:RESID,PLANNED UNIT
APN 10-7813-036-0410
UPID US18-9044644
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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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Las Villas Family LLC · 1 yrs held
Las Villas Family LLC
since 2025
Last sale
$245,000
7 recorded transactions
2025
Price N/A
2017
$245,000
2014
$51,000
2013
$1,100
2013
$1,100
2007
$140,000
1969
Price N/A
Zoning & alternative use
1900:RESID,PLANNED UNIT · Homestead, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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