USD 2,200,000

601 S Flagler Ave
Homestead, Florida 33030

For Sale

Property Description

Multifamily building in Homestead,OPPORTUNITY ZONE! 2 story 16 unit building, CAP RATE AT OVER 7%. SEE ATTACHMENTS FOR INCOME AND EXPENSES. over 15,000 sq. ft building on 24,212 sq. ft. corner lot. 13 2 bedrooms /1 bathroom units & 3 converted 3 bedrooms /1 bathroom units. Originally all units were 2/1. New impact windows recently installed, most bathrooms|kitchen have already been updated. Electrical gate w/tenant clickers installed, 12 month to month, 4 section 8 leases. No liens, No violations or Open Permits. Property is in close proximity to the busway, Walmart,plenty of shopping/dinning options. Min. to the Florida Turnpike and the Florida Keys. Student housing, Condo conversion and more. Please do not walk property without prior authorization. Seller is firm on price.

Listed by Z Luxury Group

Property Details

ID #
A10980500
Status
Sale
Type
Commercial, Industrial, Income/Multi-Family 5+
Zip Code
33030
Year Built
1988
Parking Spaces
16
Building Feature
Air Conditioning
Roof Material
Wood shingle roof
Water Source
City/mains water
Septic
City sewer
Construction
Concrete Block Construction
Floor
Tile Floors
Lease Term
Month To Month Lease
Occupancy
Call Listing Agent
Parking
Common Parking, Street Parking
Type of Building
Apartments
Utilities
Internet
Zoning Information
9400

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