USAFLHomestead525 Sw 1St Ave
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$2,050,000

For Sale

5 days ago

525 Sw 1St Ave, Homestead, FL

House

MLS® A12000553

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $28,906
Days Active 4
Lot Size 
Approx. Age 1973
MLS® Number A12000553

Property Address: 525 Sw 1st Ave, Homestead, FL, 33030-7291

Average square foot calculated using Size range provided by listing agent.

Description

525 SW 1st Avenue is a 12-unit building located in Homestead, FL. The property is made up of 12 expansive 802 SF 1 bedroom 1 bathroom apartments with walk in closets, full size kitchens formal dining and living areas. The units all feature central air conditioning along with impact windows and doors. These spacious units provide an owner with long term tenants and excellent average rent of $1, 560. The property ais up to date with the 40-year recertification through the City of Homestead . This asset allows an investor to step in to an asset that is producing excellent cashflow along with some rental upside through more section 8 tenants and other potential strategies. The new owner of the property will be stepping into a building with excellent in place cashflow but will still have some rental upside. The building is well suited for section 8 and market rate tenants with the significant amount of employment in South Dade and the Florida Keys. These units provide essential workforce housing in a high occupancy market and will standout amongst rental product available in the area due to size and condition. Area rents are continually increasing as the demand for affordable housing expands throughout South Florida.
MLS® NumberA12000553
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1973
Basement
DrivewayCommon
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 14, 2026List Date
$2,050,000List Price
  • Commute

Commute

Starting Address
Destination Address
525 Sw 1St Ave, Homestead, FL

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