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$ 7,000,000
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29929 SW 159 Homestead, FL 33033
1,058 SqFt
UPDATED:
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

Listed by Albo Realty Group Inc.
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