For Sale
$575,000

706 5Th StHomestead, FL 33030

Nine-unit, stabilized multifamily investment.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a nine-unit multifamily property located at 706 SW 5th St, Homestead, FL 33030, in Miami-Dade County. The property, built in 1969, boasts a total of 1,732 square feet across a single, one-story building. Currently operating at 100% occupancy, this stabilized investment features nine units, all occupied by month-to-month tenants, providing immediate cash flow and flexibility. The low operating expenses contribute to a strong return on investment. The property's Class C designation reflects its potential for value appreciation through strategic renovations or upgrades. The property's APN is 10-7813-036-0410. This is a rare opportunity to acquire a well-performing multifamily asset in a growing market, offering significant potential for long-term growth and passive income. The asking price for this turnkey investment is $575,000. This property is a solid addition to any portfolio seeking stable, high-occupancy returns.

Highlights

  • $575,000 asking price for a stabilized multifamily investment.
  • Nine-unit, Class C property in Homestead, Florida.
  • 100% occupancy with month-to-month tenants.
  • 1,732 square feet on a single-story building, built in 1969.
  • Broker co-op available.
  • Miami-Dade County location at 706 SW 5th St, Homestead, FL 33030 (APN: 10-7813-036-0410).

Property Details for 706 5Th St

Property type
Square Feet
1,732 SF
Class
C
Year Built
1969
Buildings
1
Stories
1
Units
9

Location Insight

City
Homestead
County
Miami-Dade
State
Florida
Latitude
25.4653254
Longitude
-80.4870824
706 5Th St, Homestead, Florida

FAQs

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706 5Th St
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