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$1,985,000
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Property Description
Stabilized 12-unit multifamily opportunity in Homestead featuring updated 1BR/1BA units across three buildings on an approximately 15,000 SF corner assemblage. Property offers strong in-place income with renovated interiors including quartz countertops, white shaker-style kitchens, tile flooring, and updated bathrooms. Separately metered electric, city water/sewer, and ample on-site parking support operational efficiency and long-term ownership. Well-positioned near major roadways, transit, shopping, and Historic Downtown Homestead. Excellent opportunity for investors seeking stabilized cash flow with continued growth potential in an expanding South Miami-Dade market.
Full Property Details
Full Property Details for 651 SW 4th Ave
General
- Price: $1,985,000
- Taxes: $17,635 (2025)
- Status: Active
- Type: Multi-Family
- Source: Greater_Miami
- MLS ID: A12021697
- Updated: 5/27/2026
- Added to Site: 49 day(s) ago
Rental Information
- Rent Includes: Trash Collection
Interior
- Flooring: Tile
Parking
- Total Spaces: 12
Location
- Area: Tatums Colored Town Addn T
- County: Miami-Dade County
- Subdivision: TATUMS COLORED TOWN ADDN T
- Building Name: TATUMS COLORED TOWN ADDN T
- Driving Directions: Please use GPS
Community
- Community Name: Tatums Colored Town Addn T
- Units Assoc/Comm: 1
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric, Wall/Window Unit(s)
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Attached
- Structure Type: Quadruplex, Fourplex
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Concrete
- Stories/Levels: 1
- Building Size: 15000
- Square Feet: 5,856
- Living Area: 5,856 Sq. Ft.
- Year Built: 1958
Unit Information
- Units in Complex: 1
Lot Features
- Lot Features: 1/4 To Less Than 1/2 Acre Lot
- Zoning: 9400
Financial Considerations
- Price Per Sq. Ft.: $338.97
- Tax Amount: $17,635
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Documents Avail.: Deposit Held, Copy Of Lease(S), Other Available Information, Rent Rolls
- Legal Description: TATUMS COLORED TOWN ADD TO HMST PB 9-62 LOTS 4 TO 11 INC BLK 2 LOT SIZE IRREGULAR OR 12724-308 0884 1
- Property ID: 10-78-13-052-0090
Listed by South Florida Real Estate Grp
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Schools
Schools serving 651 SW 4th Ave
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Laura C. Saunders Elementary School 505 Southwest 8th Street, Homestead, FL 33030 | PK-5 | 0.1 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 | 3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 651 SW 4th Ave
Date
Details
Price
Change
Source
5/26/2026
Listed
$1,985,000
318.42%
MLS
5/15/2020
Sold
$474,400
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 651 SW 4th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$18,631
12%
$676,003
-43%
2024
$16,636
14%
$1,180,000
6%
2023
$14,570
43%
$1,110,000
140%
2021
$10,164
-13%
$461,720
-27%
2022
$11,649
15%
$630,000
44%
2021
$10,164
46%
$439,000
54%
2019
$6,943
10%
$285,952
10%
2018
$6,337
4%
$259,957
-28%
2017
$6,079
10%
$360,000
68%
2016
$5,538
8%
$214,841
10%
2015
$5,144
3%
$195,310
10%
2014
$4,988
9%
$177,555
10%
2013
$4,565
—
$161,414
—
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 651 SW 4th Ave
651 SW 4th Ave, Homestead, FL 33030 (MLS# A12021697) is a Multi-Family property with 12 units containing 0 bedrooms and 0 full bathrooms. 651 SW 4th Ave is currently listed for $1,985,000 and was received on May 26, 2026. Want to learn more about 651 SW 4th 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.

