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419 SW 2nd Ave, Homestead FL 33030

Commercial Recently Sold
$2,450,000

BTC: 36.21613256

ETH: 1,023.10548009

Sold on: 2022-08-28
35 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

MSP Group LLC is pleases to present for sale 419 SW 2nd Avenue in Homestead, FL. The 22 units are made up of Studio units with full kitchens that include a range with oven. 419 SW 2nd Avenue was gut renovated in 2019. Included in the renovation was the replacement of the cast iron plumbing with pvc drain lines. The building was constructed of concrete block with flat concrete roofs. The roof covering was replaced while property was being renovated in 2019. The property has been well maintained and is up to date with its 40 year recertification through the City of Homestead. The 22 studio units provide much needed work force housing in a consistently 100% occupied market. Area rents seem to be continually increasing as the demand for affordable housing expands throughout South Florida.

Location

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1958
Lot:
10000 Square Feet
Heating:
Wall/Window Units
Price/sqft:
No Data
Cooling:
Wall/Window Unit(s)
HOA:
No Data
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Wall/Window Units

    Cooling

    • Wall/Window Unit(s)

  • Lot

    • Lot: 10000 Square Feet

    Other Property Information

    • Parcel Number: 10-78-13-048-0060

    • Zoning: 9400

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $23,297

  • Source details

    • MLS ID: A11215286

    Other facts

    • Water Source: Public

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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 ©2024-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: MSP Group, LLC