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601 S Flagler Ave, Homestead FL 33030

Commercial Recently Sold
$2,100,000

BTC: 33.33333333

ETH: 1,202.74914089

Sold on: 2021-07-01
49 days
0 room(s)

Overview

Multifamily building in Homestead,OPPORTUNITY ZONE! 2 story 16 unit building, CAP RATE AT OVER 7%. SEE ATTACHMENTS FOR INCOME AND EXPENSES. over 15,000 sq. ft building on 24,212 sq. ft. corner lot. 13 2 bedrooms /1 bathroom units & 3 converted 3 bedrooms /1 bathroom units. Originally all units were 2/1. New impact windows recently installed, most bathrooms|kitchen have already been updated. Electrical gate w/tenant clickers installed, 12 month to month, 4 section 8 leases. No liens, No violations or Open Permits. Property is in close proximity to the busway, Walmart,plenty of shopping/dinning options. Min. to the Florida Turnpike and the Florida Keys. Student housing, Condo conversion and more. Please do not walk property without prior authorization. Seller is firm on price.

Location

Florida • Homestead • 33030 • Commercial • Recently Sold

Details

Type:
Commercial Sale
Parking:
Common / On Street
Year Built:
1988
Lot:
24212 Square Feet
Heating:
None
Price/sqft:
No Data
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Recent sales nearby
30 public-records sales within 0.5 mi
Median actual sale: $429K
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.

Highlights

Annual tax
$16,540
Parking
16 spaces
All facts and features

  • Flooring

    • Tile

    Heating

    • None

    Cooling

    • Wall/Window Unit(s)

  • Parking

    • Common

    • On Street

    Lot

    • Lot: 24212 Square Feet

    Other Property Information

    • Parcel Number: 10-78-13-051-0170

    • Zoning: 9400

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $16,540

  • Source details

    • MLS ID: A10980500

    Other facts

    • Construction Materials: Concrete Block Construction

    • Water Source: Public

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
235
median $760K
Active
Same city
Homestead
1,519
median $460K
Active
Same type
Commercial
131
median $1.2M
Active
Similar price
$1.5M – $2.9M
52
median $1.9M
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