1207 NE 1st Avenue, Homestead, FL 33030
$889,000 · Active
- 0 baths
- 2,484 sq ft
- Quadruplex
- Built 1990
- 2,614 sq ft total
- Miami-Dade County
- MLS# A12108749
- Diamond Park Re Sub
About this home
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.
Schools
- Elementary: Avocado
- Middle: South Dade
- High: South Dade
Presented by
BreakThru Realty · (786) 914-1017
Courtesy of
Brown Harris Stevens · Miami@BHSUSA.COM · Listing agent: Ricardo Chen
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.
Schedule a showing
Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 1207 NE 1st Avenue.
Questions About 1207 NE 1st Avenue
- How much is 1207 NE 1st Avenue?
- 1207 NE 1st Avenue is listed at $889,000, which is about $358 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
- What are the property taxes on 1207 NE 1st Avenue?
- The listing reports annual property taxes of $6,900 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
- When was 1207 NE 1st Avenue built?
- 1207 NE 1st Avenue was built in 1990. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
- How long has 1207 NE 1st Avenue been on the market?
- 1207 NE 1st Avenue has been listed for 12 days. Days on market and price changes are the first signals of how much room there is to negotiate.
- Which schools serve 1207 NE 1st Avenue?
- The MLS lists Avocado (elementary), South Dade (middle), South Dade (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
- How do I see 1207 NE 1st Avenue?
- Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.
To request a tour, call (786) 914-1017 or email sales@breakthrurealty.com.
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- 725 SW 1st Avenue, Homestead, FL 33030 · $799,000 · 0 ba · 2,128 sq ft
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The home at 725 SW 1st Avenue, Homestead, FL 33030 is comparable and listed for sale at $799,000. Homestead neighborhoods include Keys Gate and Altamira. Nearby ZIP codes include 33031 and 33032. This property also neighbors Florida City, Cutler Bay, and Palmetto Bay. Compare it with the Homestead housing market report.