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1302 NE 1st Ave, Homestead, FL 33030
$820,000
1302 NE 1st Ave, Homestead, FL 33030View this property at 1302 NE 1st Ave, Homestead, FL 33030
1302 NE 1st AveHomesteadFL33030
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Property Description
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.
Full Property Details
Full Property Details for 1302 NE 1st Ave
General
- Sold For: $820,000
- Taxes: $7,172 (2023)
- Status: Closed
- Type: Multi-Family
- MLS ID: A11469299
- Added to Site: 221 day(s) ago
Rental Information
- Rent Includes: Trash Collection
Interior
- Flooring: Ceramic Floor
Parking
- Total Spaces: 8
Location
- Area: North Diamond Park
- County: Miami-Dade County
- Subdivision: NORTH DIAMOND PARK
- Building Name: NORTH DIAMOND PARK
Community
- Community Name: North Diamond Park
- Units Assoc/Comm: 4
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric
- Heating Type: Electric
Utilities
- Sewer: Other
Structural Information
- Architectural Style: Detached
- Structure Type: Quadruplex, Fourplex
- Detached/Attached: Detached
- Roof: Concrete
- Stories/Levels: 2
- Building Size: 3848
- Square Feet: 3,344
- Living Area: 3,344 Sq. Ft.
- Year Built: 1972
Unit Information
- Units in Complex: 4
Lot Features
- Lot Features: 1/2 To Less Than 3/4 Acre Lot
- Potential Use: Investment
- Zoning: 3000
Financial Considerations
- Price Per Sq. Ft.: $245.22
- Tax Amount: $7,172
- Tax Year: 2023
- Terms: All Cash, Conventional
Disclosures and Reports
- Buyer’s Brokerage Compensation: 1%
- Documents Avail.: Rent Rolls
- Legal Description: NORTH DIAMOND PARK PB 9-79 LOT 4 BLK 6 LOT SIZE 8088 SQ FT
- Property ID: 10-79-07-034-0180
Listed and Sold by Synergy Realty Advisors
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Schools
Schools serving 1302 NE 1st Ave
School District:Miami-Dade County School District
Rating | Name | Grades | Distance |
---|---|---|---|
16969 Sw 294th St, Homestead, FL 33030 | PK-3 | 1.1 mi | |
29100 Sw 194th Ave, Homestead, FL 33030 | 4-8 | 1.9 mi | |
12829 Sw 272nd St, Homestead, FL 33032 | PK-8 | 5.5 mi | |
28401 Sw 167th Ave, Homestead, FL 33030 | 9-12 | 1.8 mi | |
Robert Morgan Educational Center and Technical College
18180 Sw 122 Avenue, Miami, FL 33177 | 9-12 | 9.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1302 NE 1st Ave
Date
Details
Price
Change
Source
12/28/2023
Sold
$820,000
-31.67%
MLS
10/20/2023
Price Increased
$1,200,000
60%
MLS
10/13/2023
Listed
$750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1302 NE 1st Ave, Homestead, FL 33030 (MLS# A11469299) is a Multi-Family property that was sold at $820,000 on December 28, 2023. Want to learn more about 1302 NE 1st Ave? Do you have questions about finding other Multi-Family real estate for sale in Homestead? You can browse all Homestead real estate or contact a Coldwell Banker agent to request more information.