29040 Old Dixie HwyHomestead, FL 33033

Property Details for 29040 Old Dixie Hwy

Year built

2017

Property size (Sq ft)

41,868 SF

Property type

Residential income homes

Description

This exceptional investment opportunity presents a portfolio of four contemporary duplexes, totaling eight units, situated on approximately 0.96 acres in Homestead, Florida. Built in 2017, these single-story buildings boast a combined 41,868 square feet and offer 48 parking spaces. The property features six three-bedroom, two-bathroom units and two two-bedroom, two-bathroom units, currently enjoying 100% occupancy. Strategically located near the Miami Busway and US-1 (S Dixie Highway), this portfolio benefits from its proximity to the Southland Mall redevelopment and other recent housing developments, promising significant future growth. The property is also conveniently located near major retailers including Target, Walmart, and Publix. With rents currently below market rate, there's substantial value-add potential for increased profitability. The entire property was recently repainted in October 2024. This turnkey investment offers a compelling opportunity for immediate income generation and long-term appreciation. Detailed financial information is available upon request.

Location Insight

City

Homestead

County

Miami-Dade

State

Florida

Latitude

25.497

Longitude

-80.4502

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