Interior
- Bedrooms
- 5
- Bathrooms
- 3
- Living area
- 2,349 sq ft
- Flooring
- Ceramic Tile
- Appliances
- None
- Cooling
- Other
- Heating
- Other
- Interior features
- Bedroom On Main Level, Second Floor Entry, First Floor Entry
Active · SingleFamilyResidence
$385,000
Homestead, FL 33030
- Beds
- 5
- Baths
- 3
- Living area
- 2,349 sq ft
- $ / sq ft
- $164/sq ft
- Year built
- 1956
- Lot size
- 7,500 sq ft
- HOA fee
- —
- Annual tax
- $4,783
About this property
Unique development oportunity in the heart of Homestead. This property have a single unit of 3 bedrooms and two bath. The two story building is empty and in need of extensive repairs.It will require a lot of money in repairs. Te best thing will be to demolished. The land is zoning for residential and comercial property with a duplex and multifamily units. In addition, a commercial .bussiness and structure is allow on the premises as per Homestead city. A lot of potential for a visionary person. Actual units in the land are empty and in need of extensive repairs. Front building do not have roof and ceiling, best option will be to turndown and build a new structure. Sold As-is. Bring your prospects. Owner motivated. Some owner financing may be available with the right termns
Property location
Get DirectionsHomestead, FL 33030
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Facts & features
Exterior & Structure
- Property type
- SingleFamilyResidence
- Year built
- 1956
- Lot size
- 7,500 sq ft
- Architectural style
- Detached, One Story, Two Story
- Roof
- Flat, Tile
- Construction
- Brick
- Exterior features
- Fence, Fruit Trees, Outdoor Grill, Patio, Room For Pool
- Pool
- None
- View
- None
Parking
- Garage spaces
- 0
- Covered spaces
- 0
- Parking features
- Driveway, Other, On Street
HOA, Community & Financials
- Pets allowed
- Size Limit, Yes
- Annual tax
- $4,783
- Subdivision
- TOWN OF HOMESTEAD PROPER
- County
- Miami-Dade
- Days on market
- 718
- MLS listing ID
- A11681739
- Listing status
- Active
Virtual tour
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Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
$2,310
- Cap rate
- 12.9%
- Net yield
- 12.9%
- Cash-on-cash return
- 25.7%
- Gross yield
- 16.5%
- Mortgage payment
- $1,825/mo
- Down payment
- $96,250
- Loan amount
- $288,750
- Annual NOI
- $49,622
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.