725 Sw 1st Ave, Homestead, FL 33030
- $799,000
- 2,128
- SqFt
- List Price
- $799,000
- MLS
- A12114021
- Complex Name
- Tatums Addition No 1
- Status
- ACTIVE
- Type
- Multifamily
- Living Area
- 2,128
Property Description
Homestead is one of Miami-Dade’s fastest-growing rental submarkets — and this cash-flowing quadruplex sits at its center. One block from US-1, minutes from the Turnpike, Homestead Hospital, City Hall, and a corridor seeing consistent commercial investment, 725 SW 1st Ave delivers a 5.5% cap rate and nearly 9.5% gross yield — fully stabilized, zero vacancy, long-term tenants in place. No value-add required: all 4 units feature brand-new mini-split A/C systems and impact-resistant windows. Two units have been fully remodeled. Freshly painted exterior. With Homestead’s 5-year home values up over 54% and South Miami’s workforce population shifting south, rental demand here continues to outpace supply. The property benefits from exceptional parking — 4 dedicated front spaces plus a large rear lot for 8+ vehicles, RVs, or boats — a rare amenity that reduces tenant turnover.
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Additional Information
- Days on Market
- 2
- Style
- Quadruplex, Fourplex
- Special Information
- Substantially Remodeled
- #Parking Spaces
- 12
- Year Built
- 1954
- Development Name
- Tatums Addition No 1
- #Stories
- 1
- Construction Type
- CBS Construction
- Section
- 13
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Listing Courtesy of Strike Realty LLC, Contact: