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Multifamily in Homestead, FL 33030North Diamond Park, 1302 NE 1st Ave
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Closed
3,344
SqFtStatus
Sold - Dec 28, 2023
Size
3,344 SqFt (311 m2)
Price
$245/SqFt ($2,639/m2)
Type
Multifamily
Built
1972
MLS Number
A11469299
On Site
1061 Days
Updated
19 Days ago
Page Views
0
We're pleased to offer a great commercial real estate opportunity at 1302 NE 1 Ave. This well maintained four-plex is fully occupied with month-to-month tenants and provides a total of 3,344 SF divided into four 2 BD, 1 BA. The property, sitting on an 8,088 SF lot with an adjacent lot of the same size with a total of 16,176 SF Lot which offers room for expansion or development. The property is currently undergoing a routine 40-year recertification process for long-term compliance and stability. While it's a promising investment, some updates, particularly in the bathrooms and kitchens, could enhance its appeal and functionality. There's also potential for gradual rent increases. This is a unique opportunity to invest in commercial real estate in a prime location.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: Electric
- Cooling Description: Electric
Building and Construction
- Floor Description: CeramicTile
- Year Built: 1972
- Year Built Description: Resale
- Style: Fourplex
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2023-10-20T16:04:55.000-00:00
Taxes, Fees & More
- Taxes: 7172
Apples-to-Apples Comparables
Price History
Current
$820K
High
$1.2M
Low
$750K
Total Change
9.3%Date
Event
Price
Change
Price Per
12/28/2023
Sold
$820K
-31.67%$245 ft2
$2,639 m2
10/20/2023
Price Increased
$1.2M
60%$359 ft2
$3,863 m2
10/13/2023
Listed
$750K
$224 ft2
$2,414 m2
12/28/2023
$820K
Event
Sold
Change
-31.67%Price Per
$245 ft2
$2,639 m2
10/20/2023
$1.2M
Event
Price Increased
Change
60%Price Per
$359 ft2
$3,863 m2
10/13/2023
$750K
Event
Listed
Price Per
$224 ft2
$2,414 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Giovanni Vasquez • Synergy Realty Advisors • Buyer Agency Compensation .
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Scores
80
100
29
100
72
100
74
100
0
100
33
100
2
100
Community Snapshot
4 – 4 BR
Bedrooms
$710K – $710K
Price Tier
1,894 - 3,344
SqFt Range
1960
Year Build
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
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