UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,248 sqft
Price per Sqft $294
Subdivision Roosevelt Homesites
MLS Listing ID A12018369
Style Fourplex
HOA Y/N No
Year Built 1987
Annual Tax Amount $14,677
Tax Year 2025
Property Sub-Type Quadruplex
Property Description
Currently generating approximately $8,400/month in gross rental income, offering immediate cash flow while exploring future development potential.
In addition to the existing improvements, the property includes approximately 16,000 SF of additional land with conceptual potential for up to three 5,000 SF single-family lots, subject to buyer verification and approval by the City of Homestead.
Strategically located near Historic Downtown Homestead, major transit corridors, schools, shopping, and ongoing area growth and redevelopment. Ideal opportunity for investors, developers, land bankers, or buyers seeking existing income with long-term upside.
Some images have been virtually staged.
Location
State FL
County Miami-dade
Community Roosevelt Homesites
Area 78
Direction Please use GPS
Interior
Heating Central
Cooling Central Air
Flooring Tile, Vinyl
Exterior
Pool None
Utilities Available Cable Available
Roof Type Shingle
Total Parking Spaces 8
Private Pool No
Building
Lot Description <1 Acre
Story 1
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories One
Structure Type Block
Others
Tax ID 10-78-13-054-0810
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12018369
Nearby Locations
"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."