| 1302 NE 1st Ave Homestead, FL 33030 |
| Listed Date YYYY/MM/DD:2023-10-20 | ID: 1011469299 |
| Price: $1,200,000 | County: Miami-Dade County |
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| Area: 79 | Square Footage: |
| Property Tax: $7,172.00 |
| Sewer Description: Other Sewer | Zoning Information:3000 |
| Folio Number: 10-79-07-034-0180 |
| Number of Units: | Year Built: 1972 |
| Number of Parking Spaces:8 |
| Lot Description: 1/2 To Less Than 3/4 Acre Lot |
| Year Built Description: Resale | Gross Rent Income: $ |
| Net Operating Income: $ | Number of Stories: 2.0000 |
| Tax Year: 2023 | Tax Information:Tax Reflects Homestead Tax |
| Legal Description: NORTH DIAMOND PARK PB 9-79 LOT 4 BLK 6 LOT SIZE 8088 SQ FT |
| 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. |
