Basic Information

  • Type Multi Family
  • Status Closed
  • Year Built 1988
  • Total Size 24,212 Sq.Ft / 0.56 Acre
  • Date Listed 01/08/2021
  • Days on Market 174
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 21. New impact windows recently installed, most bathroomskitchen have already been updated. Electrical gate wtenant 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 shoppingdinning 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.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description Common, On Street
  • Style Multi Family

Interior Features

  • Adjusted Sqft 0.56 AcreSq.Ft
  • Cooling Description Wall Window Units
  • Floor Description Tile
  • Heating Description None
  • Sqft 0.56 Acre Sq.Ft

Property Features

  • Address 601 S Flagler Ave
  • Aprox. Lot Size 24,212
  • Construction Materials Block
  • Furnished Info no
  • Listing Terms Cash
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $16,540
  • Tax Legal desc TATUMS ADD NO 2 PB 7-153 LOTS 17 THRU 23 BLK 2 LOT SIZE 24212 SQ FT OR 21816-3626 10 2003 1 COC 24560-2840 05 2006 1
  • Tax Year 0
  • Terms Considered Cash
  • Type of Property Multi Family

601 S Flagler Ave

Homestead, FL 33030

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Z Luxury Group. tel: 786-261-4921

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