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1302 NE 1st Ave, Homestead FL 33030

Multi-family Recently Sold
$820,000

BTC: 12.81250000

ETH: 469.64490263

Sold on: 2023-12-28
31 days
0 room(s)
3,344 sqft

Overview

We're pleased to offer a great commercial real estate opportunity at 1302 NE 1 Ave. This well maintained four-plex is fully occupied with month-to-month tenants and provides a total of 3,344 SF divided into four 2 BD, 1 BA. The property, sitting on an 8,088 SF lot with an adjacent lot of the same size with a total of 16,176 SF Lot which offers room for expansion or development. The property is currently undergoing a routine 40-year recertification process for long-term compliance and stability. While it's a promising investment, some updates, particularly in the bathrooms and kitchens, could enhance its appeal and functionality. There's also potential for gradual rent increases. This is a unique opportunity to invest in commercial real estate in a prime location.

Location

Florida • Homestead • 33030 • Multi-family • Recently Sold

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1972
Lot:
No Data
Heating:
Electric
Price/sqft:
$359
Cooling:
Electric
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$784,500
$489K – $1.1M
Confidence Low
List vs. estimate
$415K above estimate
List $1,200,000 · +53.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$358
-4.0% vs. city median $373
Based on
6 MLS comparables
+ 27 public-records sales within 0.5 mi
Median actual sale: $555K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,172
2023
Parking
8 spaces
All facts and features

  • Flooring

    • Ceramic Floor

    Heating

    • Electric

    Cooling

    • Electric

  • Other Property Information

    • Parcel Number: 10-79-07-034-0180

    • Zoning: 3000

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $7,172

  • Source details

    • MLS ID: A11469299

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: 1/2 To Less Than 3/4 Acre Lot

    • Architectural Style: Detached

    • Living Area: 3344

    • Subdivision Name: NORTH DIAMOND PARK

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
234
median $759K
Active
Same city
Homestead
1,515
median $460K
Active
Same type
Multi-family
12
median $455K
Active
Similar price
$840K – $1.6M
139
median $1.1M
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: Synergy Realty Advisors