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MLS #A12108749 image #0
Investment opportunity in Homestead! This fourplex offers substantial income growth potential and a new roof completed with permits. An opportunity for investors seeking a multifamily asset with room to improve rental performance and build long-term value. With four income-producing units, the property offers multiple rental streams and significant future upside through strategic management and rent optimization.Projected annual net operating income of nearly $85,000 assumes registration with the local housing authority and achievement of projected rents, subject to program approval, applicable inspections, and operating expenses. This figure represents potential future performance and is not current or guaranteed income. Buyers should independently verify existing rents, leases, expenses, program requirements, and financial projections during due diligence.The recently completed permitted roof adds value while addressing a major building component. Whether expanding an existing portfolio or pursuing a multifamily investment with room for growth, this fourplex offers an opportunity to capitalize on its untapped rental potential.Tenant occupied. Please do not disturb tenants or enter the property without a confirmed appointment. All showings are by appointment only.
Current real estate data for Multi Family in Homestead as of Nov 06, 2026
13
Multi Family Listed
75
Avg DOM
341
Avg $ / SqFt
$669,577
Avg List Price
Listing Provided Courtesy of Brown Harris Stevens at 305-666-1800

Property Details

Price:
$889,000
MLS #:
A12108749
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
DIAMOND PARK RE SUB
Neighborhood:
2790
Listed Date:
Oct 18, 2026
Finished Sq Ft:
2,484
Total Sq Ft:
2,614
Year Built:
1990
Units:
4
Diamond Park Re SubAvocadoSouth DadeSouth Dade

Schools

Elementary School:
Avocado
Middle School:
South Dade
High School:
South Dade

Interior

Cooling
Electric
Flooring
Clay
Heating
Separate Meters, Central

Exterior

Construction Materials
Block
Roof
Shingle

Financial

Tax Year
2025
Taxes
$6,900

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Property Summary

    Located in the DIAMOND PARK RE SUB subdivision, 1207 NE 1st Avenue Homestead FL is a Multi Family for sale in Homestead, FL, 33030. It is listed for $889,000 To schedule a showing of MLS#a12108749 at 1207 NE 1st Avenue in Homestead, FL, contact your Trust House Realty agent at 9543362003.

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