For sale

$1,475,000

520 SW Krome Ter, Homestead, FL 33030

8beds

4baths

3,907sqft

$9,499/mo

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Quadruplex

Built in 1972

-- sqft lot

$-- Zestimate^®

$378/sqft

$-- HOA

What's special

Large lot

Prime Investment Property with Development Potential! Excellent opportunity to own a fourplex located just off Krome Avenue near US-1 and minutes from downtown Homestead. Each of the four units features 2 bedrooms and 1 bath, offering steady rental income and strong tenant demand in a high-growth area. The property includes a 40-year recertification valid through June 27, 2032, ensuring compliance and peace of mind. With its large lot and future development potential, this property is ideal for investors seeking immediate cash flow with long-term upside. Listing includes 4plex with 2 neighboring lots. (Folio# 10-7813-050-0370) (Folio# 10-7813-050-0381)

282 days

131

6

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4

Heating

Central, Electric

Cooling

Central Air, Electric

Features

Stairs
Flooring: Tile

Interior area

Total structure area: 3,907
Total interior livable area: 3,907 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 4

Features

Stories: 2

Lot

Features: Less Than 1/4 Acre Lot

Details

Parcel number: 1078130500360
Zoning: 9400

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex

Materials

Concrete Block Construction
Roof: Shingle

Condition

Year built: 1972

Utilities & green energy

Sewer: Public Sewer
Water: Municipal Water

Community & HOA

Community

Subdivision: Tatums Addition No 1

HOA

Has HOA: No

Location

Region: Homestead

Financial & listing details

Price per square foot: $378/sqft
Tax assessed value: $613,020
Annual tax amount: $9,162
Date on market: 11/5/2025
Listing terms: All Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
5/5/2026	Price change	$1,475,000-4.8%$378/sqft
Source: MIAMI #A11909052 Report a problem
11/5/2025	Listed for sale	$1,550,000+67.6%$397/sqft
Source: MIAMI #A11909052 Report a problem
3/17/2025	Sold	$925,000-4.6%$237/sqft
Source: MIAMI #A11705276 Report a problem
2/17/2025	Pending sale	$969,999$248/sqft
Source: MIAMI #A11705276 Report a problem
2/3/2025	Price change	$969,999-2.9%$248/sqft
Source: MIAMI #A11705276 Report a problem
12/13/2024	Listed for sale	$999,000+1127.6%$256/sqft
Source: MIAMI #A11705276 Report a problem
9/10/2012	Sold	$81,375+222.9%$21/sqft
Source: Public Record Report a problem
7/27/2012	Sold	$25,200-91.9%$6/sqft
Source: Public Record Report a problem
3/27/2007	Sold	$310,000+79.2%$79/sqft
Source: Public Record Report a problem
7/8/2002	Sold	$173,000+15.4%$44/sqft
Source: Public Record Report a problem
3/14/2001	Sold	$149,900+24.9%$38/sqft
Source: Public Record Report a problem
1/5/2000	Sold	$120,000+16.5%$31/sqft
Source: Public Record Report a problem
6/6/1996	Sold	$103,000+3%$26/sqft
Source: Public Record Report a problem
4/12/1994	Sold	$100,000$26/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$10,037 +9.6%	$417,159 +10%
2024	$9,162 +10.5%	$379,236 +10%
2023	$8,292 +11.2%	$344,760 +10%
2022	$7,461 +8.2%	$313,419 +10%
2021	$6,895 +4.4%	$284,927 +10%
2020	$6,605 +26%	$259,025 +10%
2019	$5,241 +12.4%	$235,478 +10%
2018	$4,664	$214,071 +6.7%
2017	$4,664 +5.4%	$200,658 +1.5%
2016	$4,427 -2.8%	$197,696 +1.7%
2015	$4,556 +8.9%	$194,467 +10%
2014	$4,182 -21%	$176,789 -1.3%
2013	$5,294	$179,098 -22.8%
2012	$5,294 -5.3%	$231,910 -4.6%
2011	$5,589 -12%	$243,004 -6.4%
2010	$6,350 +3.2%	$259,694 -2.2%
2009	$6,152 +14.4%	$265,442 +7%
2007	$5,379 -4.1%	$248,039
2006	$5,609	--
2005	$5,609 +15.6%	--
2004	$4,852 +28.6%	--
2003	$3,772 +34.4%	--
2002	$2,807	--
2001	$2,807	--