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1207 NE 1st Ave Homestead, FL $ 889,000
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$ 889,000 Get more info
1207 NE 1st Ave
$ 889,000
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1207 NE 1st Ave

Homestead, FL, 33030
$ 889,000
Bedrooms2 Baths1.0 Sq 2,484

Monthly Estimate*

$ 6,140

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Multi-Family Home for sale in Homestead, FL

for $889,000 with 2 bedrooms and 1 full bath. This 2,484 square foot home was built in 1990.

Investment opportunity in Homestead! This fourplex offers substantial income growth potential and a new roof completed with permits. An opportunity for investors seeking a multifamily asset with room to improve rental performance and build long-term value. With four income-producing units, the property offers multiple rental streams and significant future upside through strategic management and rent optimization. Projected annual net operating income of nearly $85,000 assumes registration with the local housing authority and achievement of projected rents, subject to program approval, applicable inspections, and operating expenses. This figure represents potential future performance and is not current or guaranteed income. Buyers should independently verify existing rents, leases, expenses, program requirements, and financial projections during due diligence. The recently completed permitted roof adds value while addressing a major building component. Whether expanding an existing portfolio or pursuing a multifamily investment with room for growth, this fourplex offers an opportunity to capitalize on its untapped rental potential. Tenant occupied. Please do not disturb tenants or enter the property without a confirmed appointment. All showings are by appointment only.

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Multi-Family Active

Price

$ 889,000

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 6,900

Style

Year Built

1990

Town/City

Homestead

County/Region

Miami-Dade

MLS | Web ID

A12108749
Features
General
Sewer Public Sewer
Heating Central
Cooling Electric
Utilities Cable Available
Possession Closing & Funding Close Of Escrow
Roof Shingle
Architectural Style Fourplex
Pool Features None
Construction Materials Block
Year Built 1990
Stories Count 1
Levels One
Property Subtype Quadruplex
Tax Year 2025
County Miami-Dade
Property Type Residential Income
Subdivision Name DIAMOND PARK RE SUB
Rent Includes Trash Collection Water
Full Baths 1
Status Active
City Homestead
Zoning Description 5700
Number Of Units Total 1
MLS Area 79
Lot Size Units Square Feet
Listing Terms Cash Conventional FHA 203(k) FHA
Year Built Details Effective Year Built
Tax Annual Amount 6900
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12108749
Standard Status Active
Occupancy Type Call Agent
Property Sub Type Additional Quadruplex
Legal Description DIAMOND PARK RE SUB PB 9-164 LOT 4 BLK 5 LOT SIZE 67.900 X 130 OR 14333-1489 1189 1
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Interior
Flooring Clay
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Total Bedrooms 2
Total Baths 0
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Exterior
Lot Features < 1/4 Acre
Total Parking 4
Building Area Total 2614
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Brown Harris Stevens

Broker

Rchen@bhsusa.com

Email

Affordability Calculator

$6,715
Per Month
91%
9%
0%
Monthly Principal & Interest
$6,140
Monthly Property Taxes
$575
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
10/19/2026 $889,000 Listed Price

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1207 NE 1st Ave, Homestead, FL, 33030 is a Multi-Family Home for sale at $889,000 with 2,484 sqft. 1207 NE 1st Ave has 2 bedrooms, 1.0 baths, and was built in 1990. The property's zip code is 33030 which is in Homestead, FL

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