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527 SW 6th Ter, Homestead FL 33030

Recently Sold
$710,500

BTC: 8.33920188

ETH: 268.11320755

Sold on: 2020-11-20
29 days
0 room(s)
2,878 sqft

Overview

Welcome to your next income opportunity. This Commercial is operating as rooming/boarding house with 18 units and three full baths. 1 shared bath and 9 room on first floor. 2nd floor has one full bath and 9 single rooms. Average unit charged per month is $600. There are total of 18 units in the building. There is also a 2/1 detached currently rented under section 8 for $1450. Owner spent approximately $80K in Renovations New roof , new plumbing and new gate. There is a current lease on the entire space, and can be renewed if you would like to keep the current tenants, for seamless income immediately! The two story building offers plenty of space for a family or for multiple tenants. Call today to tour this income producing property that is in great condition.

Location

Florida • Homestead • 33030 • Recently Sold

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1956
Lot:
No Data
Heating:
Electric
Price/sqft:
$278
Cooling:
Ceiling Fan(s) / Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$569,500
$402K – $1.3M
Confidence Low
List vs. estimate
$230K above estimate
List $799,999 · +40.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$277
+5.4% vs. city median $263
Based on
8 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $500K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,325
2019
Parking
4 spaces
Furnished
Partially Furnished
All facts and features

  • Flooring

    • Tile

    Heating

    • Electric

    Cooling

    • Ceiling Fan(s)

    • Wall/Window Unit(s)

    Other interior features

    • Stairs

  • Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 10-78-13-036-1020

    • Zoning: 1900

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $3,325

  • Source details

    • MLS ID: A10905062

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Open Balcony / Patio

    • Architectural Style: Detached

    • Living Area: 2878

    • Water Source: Municipal Water

    • Subdivision Name: LINCOLN PARK ADDN TO HOME

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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Market around this address

Live counts in the same area.
View all
This zip
33030
136
median $632K
Active
Same city
Homestead
887
median $459K
Active
Similar price
$559K – $1.0M
209
median $640K
Active

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: Z Luxury Group