29929 SW 159, Homestead, FL 33033
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29929 SW 159 Homestead, FL 33033

1,058 SqFt


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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,058 sqft

Price per Sqft $6,616

Subdivision School House Sub

MLS Listing ID A12118742

Style Fourplex

HOA Y/N No

Year Built 1973

Annual Tax Amount $36,000

Tax Year 2025

Property Sub-Type Quadruplex

Property Description

We are pleased to offer a portfolio of eight multifamily buildings totaling 31 units Homestad- Florida City area, in South Miami-Dade. The buildings are low-rise walk-up properties (one- and two-story) with a unit mix weighted toward 2-bedroom/1-bath apartments. The portfolio is currently 67.7% occupied (21 rented, 10 vacant), and the units are in need of improvement. BLDG 1 & BLDG 8 are two-story buildings with 4 units each. In our assessment, with additional work each could be converted into an 8-unit building, doubling the unit count in each building (from 8 units to 16 across the two) and bringing the portfolio from 31 to 39 units

Location

State FL

County Miami-dade

Community School House Sub

Area 30

Zoning 0100

Interior

Heating Central

Cooling Ceiling Fan(s)

Flooring Ceramic Tile

Exterior

Pool None

Utilities Available Cable Available

Roof Type Shingle

Private Pool No

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories Two

Structure Type Block

Others

Tax ID 30-79-08-019-0430

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Miami Association of Realtors (SEFMIAMI MLS)
Listed by Albo Realty Group Inc.

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Sylvio Martini
Sylvio Martini

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+1(305) 728-0840 | martini@miamirealtysolution.com

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29929 SW 159