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Sold for $820,000
  • $820,000

    1302 NE 1st Ave, Homestead, FL 33030

    8beds
    4baths
    3,344sqft
    Quadruplex
    Built in 1972
    -- sqft lot
    $811,800 Zestimate®
    $245/sqft
    $1,927 Estimated rent

    Home value

    $811,800

    $714,000 - $917,000

    $1,927/mo

    Zestimate® history
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    $1,927/mo

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    $5,643/mo

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    What's special

    We're pleased to offer a great commercial real estate opportunity at 1302 NE 1 Ave. This well maintained four-plex is fully occupied with month-to-month tenants and provides a total of 3,344 SF divided into four 2 BD, 1 BA. The property, sitting on an 8,088 SF lot with an adjacent lot of the same size with a total of 16,176 SF Lot which offers room for expansion or development. The property is currently undergoing a routine 40-year recertification process for long-term compliance and stability. While it's a promising investment, some updates, particularly in the bathrooms and kitchens, could enhance its appeal and functionality. There's also potential for gradual rent increases. This is a unique opportunity to invest in commercial real estate in a prime location.

    Zillow last checked:

    Listing updated:

    Listed by:

    Giovanni Vasquez 786-202-3303,

    Synergy Realty Advisors,

    Andros Sarduy 305-297-3557,

    Synergy Realty Advisors

    Bought with:

    Giovanni Vasquez, 3333058

    Synergy Realty Advisors

    Andros Sarduy, 3225429

    Synergy Realty Advisors

    Source: MIAMI,MLS#: A11469299MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Electric
    Cooling
    • Electric
    Features
    • Flooring: Ceramic Tile
    Interior area
    • Total structure area: 3,848
    • Total interior livable area: 3,344 sqft

    Property

    Parking
    • Total spaces: 8
    Features
    • Stories: 2
    Lot
    • Features: 1/2 To Less Than 3/4 Acre Lot
    Details
    • Parcel number: 1079070340180
    • Zoning: 3000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Concrete Block Construction
    • Roof: Concrete
    Condition
    • Year built: 1972

    Utilities & green energy

    • Sewer: Other

    Community & neighborhood

    Location
    • Region: Homestead
    • Subdivision: North Diamond Park

    Other

    Other facts
    • Listing terms: All Cash,Conventional

    Price history

    DateEventPrice
    12/28/2023Sold$820,000-31.7%$245/sqft
    Source: MIAMI #A11469299 Report a problem
    11/13/2023Contingent$1,200,000$359/sqft
    Source: MIAMI #A11469299 Report a problem
    10/20/2023Listed for sale$1,200,000$359/sqft
    Source: MIAMI #A11469299 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,783 -0.2%$180,614
    2024$3,792 +162.6%$180,614 +426.2%
    2023$1,444 +21.9%$34,321 +10%
    2022$1,185 +14.9%$31,201 +10%
    2021$1,031 +32.5%$28,365 +10%
    2020$778 +11.2%$25,787 +10%
    2019$699 +17.9%$23,443 +10%
    2018$593 $21,312 +10%
    2017$593 +14.5%$19,375 +10%
    2016$518 +35.5%$17,614 +10%
    2015$382 -88.1%$16,013
    2002$3,211 --
    2001$3,211 --

    Find assessor info on the county website

    Neighborhood: 33030

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $811,800
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    Estimated market value
    $811,800