Brickell Listings

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.

Residential Income For Sale at 1302 Homestead

1302 NE 1st Ave, Homestead, Florida 33030

  • Square Footage: 3,344 Sqft
$820,000
Listing ID#A11469299
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Basic Details
Building Name : NORTH DIAMOND PARK
Property Type : Residential Income
Listing Type : Sold
Listing ID : A11469299
Price : $1,200,000
Original Price : $750,000
Half Bathrooms : 0
Square Footage : 3,344 Sqft
Year Built : 1972
Property Sub Type : Quadruplex
DOM : 31
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Agent info
Brickellmania LLC
3011 SW 24 ST. Miami Fl 33145
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