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$889,000
New Listing

1207 NE 1st Ave
Homestead, FL 33030

For Sale|Quadruplex|Active
0
Beds
0
Total Baths
2,484
SqFt
$358
/SqFt
1990
Built
Subdivision:
DIAMOND PARK RE SUB
County:
Miami-Dade
Call Now: 305-390-2737
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305-390-2737
1207 NE 1st Ave1207 NE 1st Ave1207 NE 1st Ave1207 NE 1st Ave
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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.

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Listing Snapshot
Price 
$889,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,484 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1990
MLS Number 
A12108749
Status 
Active
Property Tax 
$6,900
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
9 hours agoListing first seen on site
9 hours agoListing updated with changes from the MLS
General Features
Levels 
One
Parking Spaces 
4
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
SqFt Total 
2614
Style 
Fourplex
Utilities 
Cable Available
Zoning 
5700
Interior Features
Cooling 
Electric
Flooring 
Clay
Heating 
Central
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Exterior Features
Construction Details 
Block
Pool Features 
None
Roof 
Shingle
Community Features
MLS Area 
79
Financing Terms Available 
CashConventionalFHA
Listing courtesy of Brown Harris Stevens

The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2026, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

Neighborhood & Commute
Source: Walkscore
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