430 10Th AveHomestead, FL 33030

This exceptional multifamily investment opportunity in Homestead, Florida, presents a compelling chance to acquire a well-established 12-unit apartment complex. The property, located at 430 SW 10th Ave, 33030, consists of four buildings: two triplexes situated on four contiguous lots. Each unit boasts three bedrooms, one and a half bathrooms, a living room, and a kitchen, providing comfortable and functional living spaces for tenants. Built in 1987, this single-story complex is connected to city sewer and features individual water and electric meters for each unit, simplifying utility management and cost allocation. A significant advantage is the inclusion of an additional 16,000 square foot vacant lot, offering considerable potential for future development or expansion. The asking price for this turnkey investment is $1,750,000, representing a strong value proposition in the thriving Homestead market. The property's location in Miami-Dade County provides easy access to major transportation routes and local amenities. This is a rare chance to own an entire city block with significant rental income potential and future development possibilities. The property's strong cash flow and potential for appreciation make it an ideal addition to any investment portfolio. This is a must-see opportunity for savvy investors seeking a stable and profitable investment in South Florida.