Date
Details
Price
Change
Source
11/05/2025
Listed
$1,550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/17
$1,550,000
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1/17
Property Description
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)
Full Property Details
Full Property Details for 520 SW Krome Terrace
General
- Price: $1,550,000
- Taxes: $9,162 (2024)
- Status: Active
- Type: Multi-Family
- Source: Greater_Miami
- MLS ID: A11909052
- Updated: 11/6/2025
- Added to Site: 74 day(s) ago
Rental Information
- Rent Includes: Gardener
Interior
- Interior Features: Stairs
- Flooring: Tile
Parking
- Total Spaces: 4
Location
- Area: Tatums Addition No 1
- County: Miami-Dade County
- Subdivision: TATUMS ADDITION NO 1
- Building Name: TATUMS ADDITION NO 1
Community
- Community Name: Tatums Addition No 1
- Units Assoc/Comm: 4
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Structure Type: Quadruplex, Fourplex
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Shingle
- Stories/Levels: 2
- Building Size: 3907
- Square Feet: 3,907
- Living Area: 3,907 Sq. Ft.
- Year Built: 1972
Unit Information
- Units in Complex: 4
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 9400
Financial Considerations
- Price Per Sq. Ft.: $396.72
- Tax Amount: $9,162
- Tax Year: 2024
- Terms: All Cash, Conventional
Disclosures and Reports
- Documents Avail.: Financial Statement, Copy Of Lease(S), Rent Rolls, Existing Survey
- Legal Description: TATUMS ADD NO 1 PB 1-128 LOT 55 LOT SIZE 50.000 X 145 COC 25485-0842 02 2007 1
- Property ID: 10-78-13-050-0360
Listed by Charleemax Realtors
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Listing agent
— 520 SW Krome Terrace —
Charleemax Realtors
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Schools
Schools serving 520 SW Krome Terrace
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Laura C. Saunders Elementary School 505 Southwest 8th Street, Homestead, FL 33030 | PK-5 | 0.4 mi |
Homestead Middle School 650 Northwest 2nd Avenue, Homestead, FL 33030 | 6-8 | 0.9 mi |
South Dade Senior High School 28401 Southwest 167th Avenue, Homestead, FL 33030 | 9-12 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 520 SW Krome Terrace
Tax History
Tax History for 520 SW Krome Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,162
10%
$560,857
14%
2023
$8,292
20%
$491,994
32%
2021
$6,895
-8%
$373,810
-13%
2022
$7,461
8%
$430,066
12%
2021
$6,895
32%
$382,643
62%
2019
$5,241
12%
$235,478
10%
2018
$4,664
5%
$214,071
7%
2017
$4,427
—
$200,658
1%
2016
$4,444
-2%
$197,696
2%
2015
$4,556
9%
$194,467
10%
2014
$4,182
3%
$176,789
-1%
2013
$4,048
—
$179,098
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 520 SW Krome Terrace
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- Townhouse
- Active
- Updated 5 days ago
- 3Beds
- 3Total Baths
- 1,466Sq. Ft.
- Townhouse
- Active
- Updated 2 days ago
- 3Beds
- 3Total Baths
- 1,527Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 5Beds
- 5Total Baths
- 1,902Sq. Ft.
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- Townhouse
- Active
- Updated 2 days ago
- 3Beds
- 3Total Baths
- 1,433Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 5Beds
- 5Total Baths
- 1,902Sq. Ft.
- Single Family
- Active
- Updated 6 days ago
- 4Beds
- 2Total Baths
- 1,504Sq. Ft.
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520 SW Krome Ter, Homestead, FL 33030 (MLS# A11909052) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 520 SW Krome Ter is currently listed for $1,550,000 and was received on November 05, 2025. Want to learn more about 520 SW Krome Ter? 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.