Multifamily in Homestead, FL 33030North Diamond Park, 1302 NE 1st Ave
Closed
Beds
3,344
SqFt$245
$/SqFtPremium MultifamilyProperty Type
1972Year Built
$245/SqFtPrice per sq ft
FourplexStyle
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.
Listing Courtesy Of: Synergy Realty Advisors
Local Realty Services Provided By: Best of Luxury Realty
On Site: 1121 DaysUpdated: 79 Days agoPage Views: 0
Features
MLS Number: A11469299
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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Community Snapshot
4 – 4 BR
Bedrooms
$535K – $749K
Price Tier
1,894 - 3,344
SqFt Range
1972
Year Build
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