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408 NE 18th Ave, Homestead FL 33033

Multi-family Recently Sold
$890,000

BTC: 9.03282406

ETH: 266.78657074

Sold on: 2022-01-19
11 days
0 room(s)
806 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Investor Alert! 7 Contiguous Condos being sold together in a package deal for $999,950 that is $142,850 per door. This property is a cash cow with an association fee of $25 per unit & there is lots of upside on the rents. Zillow conservatively estimates the rents should be at $1399/month. The building has a Brand-New Roof with Architectural Shingles, Final Permit Date 5/19/21. Each Condo has Separate Electric & Water Meters. Tenants get bill from City of Homestead for Electric, Water, Sewer & Garbage. Lawn & Common areas maintained by the association. Central A/C in all 7 units. Each unit has 2 Bed 1 Bath upstairs & 1/2 Bath downstairs. Community has Pool & Tennis Court. Units 3, 5 & 7 are vacant on Supra so go and show. Call the Listing Agent for more details about this Income Property...

Location

Florida • Homestead • 33033 • Multi-family • Recently Sold

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1977
Lot:
No Data
Heating:
Central
Price/sqft:
$1,241
Cooling:
Ceiling Fan(s)
HOA:
$25
All facts and features

  • Flooring

    • Carpet

    • Other

    • Tile

    Heating

    • Central

    Cooling

    • Ceiling Fan(s)

  • Other Property Information

    • Parcel Number: 10-79-17-008-0030

    • Zoning: 3000

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • HOA: $25

    • HOA Frequency: Monthly

    • Annual tax amount: $1,128

  • Source details

    • MLS ID: A11132941

    Other facts

    • Construction Materials: CBS Construction / Frame

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Attached

    • Living Area: 806

    • Water Source: Municipal Water

    • Subdivision Name: TOWNHOUSES AT SUNRISE A C

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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: The Keyes Company