525 SW 1st Ave, Homestead FL 33030
Homestead, FL 33030
Description of 525 SW 1st Ave, Homestead FL 33030
525 SW 1st Avenue is a 12-unit building located in Homestead, FL. The property is made up of 12 expansive 802 SF 1 bedroom 1 bathroom apartments with walk in closets, full size kitchens formal dining and living areas. The units all feature central air conditioning along with impact windows and doors. These spacious units provide an owner with long term tenants and excellent average rent of $1,560. The property ais up to date with the 40-year recertification through the City of Homestead . This asset allows an investor to step in to an asset that is producing excellent cashflow along with some rental upside through more section 8 tenants and other potential strategies. The new owner of the property will be stepping into a building with excellent in place cashflow but will still have some rental upside. The building is well suited for section 8 and market rate tenants with the significant amount of employment in South Dade and the Florida Keys. These units provide essential workforce housing in a high occupancy market and will standout amongst rental product available in the area due to size and condition. Area rents are continually increasing as the demand for affordable housing expands throughout South Florida.
Property Details for 525 SW 1st Ave, Homestead FL 33030
- Heating
- Central Individual A/C
- Cooling
- Central Individual A/C
- Parking Features
- Common
- Pool Private
- No
Building Information for 525 SW 1st Ave, Homestead FL 33030
- Building Area Total
- 9628
- Building Area Units
- Square Feet
- Stories
- 2
- Stories Total
- 2
- Association
- No
Property Information for 525 SW 1st Ave, Homestead FL 33030
- Lot Size Square Feet
- 14,500
- Waterfront
- No
- View
- No
- Construction Materials
- CBS Construction
- New Construction
- No
Public Records for 525 SW 1st Ave, Homestead FL 33030
- Parcel Number
- 10-78-13-050-0390
- Tax Annual Amount
- $28,906
- Tax Year
- 2,025
- Tax Legal Description
- TATUMS ADD NO 1 PB 1-128 LOTS 60 & 61 LOT SIZE 100.000 X 145 75R 245061 OR 20799-2912 1002 1 COC 22637-4967 08 2004 1
- Zoning
- 9400
- County Or Parish
- Miami-Dade County
Location
525 SW 1st Ave, Homestead FL 33030 · More homes in Homestead
More information about 525 SW 1st Ave, Homestead FL 33030
525 SW 1st Ave is a income/multifamily for sale in Homestead, FL 33030. This property was listed for sale on March 9, 2026 by MSP Group, LLC, it's currently listed at $2,050,000. This listing's school district is Miami-Dade County Public Schools.