$889,000list price
Per sq ft$358
0 ba · 2,484 sq ft 2 to 4 units
1207 NE 1ST AVE, HOMESTEAD, FL 33030
Listing courtesy of Brown Harris Stevens. MLS# A12108749.On the MLS · Listed Oct 17
$799,000
725 SW 1ST AVE, HOMESTEAD, FL 33030
0 baths2,128 sq ft2 to 4 unitsBuilt 1954
Updated today, November 3, 2026This home against Homestead
$375 per sq ft, 55% over the Homestead median
9 days on the market
$13,114 in property taxes (2025)
Homestead today: 612 homes for sale, median list price $375,000.
About this home
Homestead is one of Miami-Dade’s fastest-growing rental submarkets — and this cash-flowing quadruplex sits at its center. One block from US-1, minutes from the Turnpike, Homestead Hospital, City Hall, and a corridor seeing consistent commercial investment, 725 SW 1st Ave delivers a 5.5% cap rate and nearly 9.5% gross yield — fully stabilized, zero vacancy, long-term tenants in place.No value-add required: all 4 units feature brand-new mini-split A/C systems and impact-resistant windows. Two units have been fully remodeled. Freshly painted exterior.With Homestead’s 5-year home values up over 54% and South Miami’s workforce population shifting south, rental demand here continues to outpace supply. The property benefits from exceptional parking — 4 dedicated front spaces plus a large rear lot for 8+ vehicles, RVs, or boats — a rare amenity that reduces tenant turnover.
Zoned schools
Elementary: Laura C. Saunders Elementary School
Middle: Homestead Middle School
High: South Dade Senior High School
From Miami-Dade County Public Schools attendance zones.
Listing courtesy of Strike Realty LLC. MLS# A12114021.
Listing information is provided by the MLS and is deemed reliable but not guaranteed.
Listed October 25, 2026.
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