706 5Th StHomestead, FL 33030

Property Details for 706 5Th St

Year built

1969

Construction

CONCRETE

Lot size

0.11 AC

Property size (Sq ft)

1,732 SF

Zone code

1900:RESID,PLANNED UNIT

Property type

Mixed-use properties

Property subtype

Retail residential properties

APN

10-7813-036-0410

APU

1078130360410

Description

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.

Location Insight

City

Homestead

County

Miami-dade

State

Florida

Latitude

25.4653

Longitude

-80.487

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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