Multifamily in Homestead, FL 33030
Betty Lu Homesites, 516 SW 9th Ave

$450K5.1%
$427,000
1,250
SqFt
Status
Sold - Mar 25, 2025
Size
1,250 SqFt (116 m2)
Price
$342/SqFt ($3,677/m2)
Type
Multifamily
Built
1964
MLS Number
A11733044
On Site
596 Days
Updated
507 Days ago
Page Views
0
516 SW 9th Avenue Homestead, FL 33030 just south of 4th Street that is currently undergoing a major revitalization through the city of Homestead CRA. The property is in proximity to downtown Homestead and all the retail and employment that is located on US-1.Additionally, higher education is available at the Miami-Dade college Homestead campus that has had significant expansion and renovation along side the new City Hall and Homestead Station Mixed retail/entertainment facility. The property is made up of 3 Bedroom 1 bathroom unit currently rented at $2,100 and a 2 Bedroom 1 Bathroom unit rented at $1,800. The property has a flat concrete roof that was replaced in 2022 providing significant saving on insurance. The property is also individually metered for both water and electricity.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: WallFurnace
        • Cooling Description: WallWindowUnits
        Building and Construction
        • Floor Description: Terrazzo
        • Year Built: 1964
        • Year Built Description: Effective Year Built
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2025-01-27T16:50:30.000-00:00
          Taxes, Fees & More
          • Taxes: 5767

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          Price History

          Current
          $427K
          High
          $450K
          Low
          $427K
          Total Change
          -5.1%
          $453K$439K$424KJan 25Feb 25Mar 25
          Date
          Event
          Price
          Change
          Price Per
          03/25/2025
          Sold
          $427K
          -2.73%
          $342 ft2
          $3,677 m2
          02/24/2025
          Price Reduced
          $439K
          -2.44%
          $351 ft2
          $3,780 m2
          01/27/2025
          Listed
          $450K
           
          $360 ft2
          $3,875 m2
          03/25/2025
          $427K
          Event
          Sold
          Change
          -2.73%
          Price Per
          $342 ft2
          $3,677 m2
          02/24/2025
          $439K
          Event
          Price Reduced
          Change
          -2.44%
          Price Per
          $351 ft2
          $3,780 m2
          01/27/2025
          $450K
          Event
          Listed
          Price Per
          $360 ft2
          $3,875 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Samuel MekrasMSP Group, LLC • Buyer Agency Compensation .

          Listing Location & Street View
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          Scores

          Walk Score®
          Somewhat Walkable. Some errands can be accomplished on foot
          56

          100
          Transit Score®
          Some Transit. A few nearby public transportation options
          43

          100
          Bike Score®
          Bikeable. Some bike infrastructure
          53

          100
          Community Snapshot
          4 – 4 BR
          Bedrooms
          $510K – $510K
          Price Tier
          962 - 3,366
          SqFt Range
          1955
          Year Build
          1
          Total Floors

          Subdivision Amenities

          None

          Homestead
          Entry-Level
          Entry-Level Homes & Condos