$2,200,000

601 S Flagler Ave

Homestead FL, 33030

Description

Multifamily building in Homestead,OPPORTUNITY ZONE! 2 story 16 unit building, CAP RATE AT OVER 7%. SEE ATTACHMENTS FOR INCOME AND EXPENSES. over 15,000 sq. ft building on 24,212 sq. ft. corner lot. 13 2 bedrooms /1 bathroom units & 3 converted 3 bedrooms /1 bathroom units. Originally all units were 2/1. New impact windows recently installed, most bathrooms|kitchen have already been updated. Electrical gate w/tenant clickers installed, 12 month to month, 4 section 8 leases. No liens, No violations or Open Permits. Property is in close proximity to the busway, Walmart,plenty of shopping/dinning options. Min. to the Florida Turnpike and the Florida Keys. Student housing, Condo conversion and more. Please do not walk property without prior authorization. Seller is firm on price.

Details

MLS#A10832596
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1988
Days On Site261

Features

Story(s)2
Units16
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Area Information
StateFL
CountyMiami-Dade County
CityHomestead
Zip Code33030
Area78
Listing VS Median (in 33030)
Price:
$2,200,000
low | high
Med:
$396,500
100% of Average
On Site:
261
low | high
Med:
76
100% of Average
Listing Updated: November 25, 2020 3:55:47 PM PST
Zandra Mederos LogoMLS Number: A10832596
Listing Provided By:
Zandra Mederos  of  Z Luxury Group
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