$799,000list price
Per sq ft$375
0 ba · 2,128 sq ft 2 to 4 units
725 SW 1ST AVE, HOMESTEAD, FL 33030
Listing courtesy of Strike Realty LLC. MLS# A12114021.On the MLS · Listed Oct 25
$889,000
1207 NE 1ST AVE, HOMESTEAD, FL 33030
0 baths2,484 sq ft2 to 4 unitsBuilt 1990
Updated today, November 3, 2026This home against Homestead
$358 per sq ft, 47% over the Homestead median
17 days on the market
$6,900 in property taxes (2025)
Homestead today: 612 homes for sale, median list price $375,000.
About this home
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.
Zoned schools
Elementary: Avocado Elementary School
Middle: South Dade Middle School
High: South Dade Senior High School
From Miami-Dade County Public Schools attendance zones.
Listing courtesy of Brown Harris Stevens. MLS# A12108749.
Listing information is provided by the MLS and is deemed reliable but not guaranteed.
Listed October 17, 2026.
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