For Sale
$499,900

437 8Th StHomestead, FL 33030

High-Yield Duplex, Excellent Location

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a 1-story, 2,150 square foot duplex located at 437 NW 8th St, Homestead, FL 33030, in Miami-Dade County. Built in 1970, this property boasts a strong rental history, currently generating $3,750 per month in income. The duplex is comprised of two separate units: a 3-bedroom, 1-bathroom unit and a 2-bedroom, 1-bathroom unit. Each unit benefits from independent utilities, including separate water and electric meters, ensuring efficient management and cost allocation. Recent upgrades include newer air conditioning units and a newer shingle roof. The property is situated on a septic system, minimizing ongoing maintenance costs. Conveniently located near major highways, providing easy access to various amenities, including shopping centers, restaurants, parks, and entertainment venues. This property represents a compelling investment opportunity for those seeking a stable, high-yielding asset in a desirable location. The property's strong rental income, coupled with its updated features and prime location, makes it an attractive prospect for discerning investors. This is a turnkey opportunity with existing tenants in place. The property is ready for immediate income generation.

Highlights

  • Exceptional investment opportunity: 2,150 sq ft duplex in Homestead, FL.
  • Strong rental history, generating $3,750/month.
  • Two units: 3/1 and 2/1, each with independent utilities.
  • Recent upgrades include A/C units and roof.
  • Septic system, prime location near major highways and amenities.

Property Details for 437 8Th St

Property type
Apartment buildings, Small apartment buildings
Square Feet
2,150 SF
Year Built
1970
Stories
1

Location Insight

City
Homestead
County
Miami-Dade
State
Florida
Latitude
25.4773807
Longitude
-80.4843797
437 8Th St, Homestead, Florida

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
437 8Th St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message