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Active - Quadruplex for sale

1207 NE 1st Ave, Homestead FL 33030

2,484 sqft

Facts & features

Quadruplex Property type
21 days on Beycome
1990 Year built
$358 Price/Sqft.

Why you’ll love it

  • New roof

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.

Translating description...

Listings courtesy of Brown Harris Stevens.

Listed by: Ricardo Chen • 786-205-8986 • Brown Harris Stevens

Co-listed by: Brown Harris Stevens

Source: Miami MLS, MLS#: A12108749 Miami MLS logo

Based on info available as of Nov 8, 2026 at 4:43 PM EST.

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Affordability

$580,000$1,200,000
1%20%
0%90%
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Estimated monthly payment

$5,070/mo

  • Mortgage$4,495
  • Property tax$575
  • HOA fee
  • Homeowners insurance
Due at closing$706,755
Down payment held in escrow$177,800
Closing costs$13,335
beycome credit Est.$17,780

Beycome estimates only. Actual amounts and terms vary by lender and location.

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$17,780 Credit back

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Travel times

About Diamond Park Re Sub

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Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 08, 2026 at 04:43pm EST.

$889,000 Listed price

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$17,780 Credit back

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