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1316 NW 13th St, Homestead FL 33030

Multi-family Recently Sold
$250,000

BTC: 3.00697618

ETH: 94.33962264

Sold on: 2020-10-28
4 days
0 room(s)
1,237 sqft

Overview

ATTN:INVESTORS! GREAT INVESTMENT PROPERTY. RIGHT NOW THE PROPERTY IS PRODUCING AN INCOME OF $2150 WITH A CAP RATE OF 7% WITH A POTENTIAL OF GROW AS TENANTS HAVE BEEN THERE FOR OVER 10 YEARS WITH JUST ONE RENTAL INCREASE. ZONING IS R-2 (DUPLEX ZONE) BUT THE PROPERTY RIGHT NOW IS A SINGLE FAMILY HOME DIVIDED IN 2 PROPERTIES , ONE IS A 3/1 AND THE OTHER A 2/1. THERE IS JUST ONE METER. YOU COULD EITHER CONVERTED TO A LEGAL DUPLEX OR LEAVE IT AS IS. THERE IS ALSO A DETACHED STRUCTURE THAT IS BEING USED AS A STORAGE. GOOD SCHOOL DISTRICT AS WELL.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1955
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$202
Cooling:
Central Air / Electric
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$225,000
$172K – $322K
Confidence Low
List vs. estimate
$25K above estimate
List $250,000 · +11.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$202
-29.6% vs. city median $287
Based on
9 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $487K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,131
2019
Parking
5 spaces
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

  • Other Property Information

    • Parcel Number: 10-78-12-018-0241

    • Zoning: 5700

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $2,131

  • Source details

    • MLS ID: A10919874

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Open Porch / Patio

    • Architectural Style: Attached

    • Living Area: 1237

    • Water Source: Municipal Water

    • Subdivision Name: REDONDO

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Florida Realty of Miami Corp