Basic Information

  • MLS # A12108749
  • Type Quadruplex
  • Status Active
  • Subdivision/Complex Diamond Park Re Sub
  • Year Built 1990
  • Total Sqft 2,484
  • Date Listed 10/19/2026
  • Days on Market 2
Description

Investment opportunity in Homestead! This fourplex offers substantial income growth potential and a new roof completed with permits. An opportunity for investors seeking a multifamily asset with room to improve rental performance and build long-term value. With four income-producing units, the property offers multiple rental streams and significant future upside through strategic management and rent optimization. Projected annual net operating income of nearly $85,000 assumes registration with the local housing authority and achievement of projected rents, subject to program approval, applicable inspections, and operating expenses. This figure represents potential future performance and is not current or guaranteed income. Buyers should independently verify existing rents, leases, expenses, program requirements, and financial projections during due diligence. The recently completed permitted roof adds value while addressing a major building component. Whether expanding an existing portfolio or pursuing a multifamily investment with room for growth, this fourplex offers an opportunity to capitalize on its untapped rental potential. Tenant occupied. Please do not disturb tenants or enter the property without a confirmed appointment. All showings are by appointment only.

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description
  • Roof Description Shingle
  • Style Quadruplex

Interior Features

  • Adjusted Sqft 2,484Sq.Ft
  • Cooling Description Electric
  • Floor Description Clay
  • Heating Description Central
  • Sqft 2,484Sq.Ft

Property Features

  • Address 1207 NE 1st Ave
  • Aprox. Lot Size 2,614
  • Architectural Style Fourplex
  • City Homestead
  • Construction Materials Block
  • County Miami- Dade
  • Furnished Info no
  • Levels One
  • Listing Terms Cash, Conventional, Fha203k, F H A
  • Lot Features Less Than Quarter Acre
  • Occupant Type Call Agent
  • Pool Features None
  • Possession Closing And Funding, Close Of Escrow
  • Postal City Homestead
  • Public Survey Section One
  • Public Survey Township 10
  • Roof Shingle
  • Sewer Description Public Sewer
  • Stories 1
  • Subdivision Complex
  • Subdivision Info Diamond Park Re Sub
  • Tax Amount $6,900
  • Tax Legal desc DIAMOND PARK RE SUB PB 9-164 LOT 4 BLK 5 LOT SIZE 67.900 X 130 OR 14333-1489 1189 1
  • Tax Year 2025
  • Terms Considered Cash, Conventional, Fha203k, F H A
  • Type of Property Quadruplex
  • Year Built Details Effective Year Built

1207 NE 1st Ave

Homestead, FL 33030

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    The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Brown Harris Stevens. tel: 305-666-1800

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