NOT LISTED FOR SALE

1302 NE 1st Ave Homestead, FL 33030

Modello Neighborhood
-- Bed
-- Bath
3,344 Sq Ft
1972 Built

Last Sold December 28, 2023

Last sale price $820,000 $245 Per Sq Ft

68 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • Heating Available
  • Cooling Available

About This Home

As of December 2023

We're pleased to offer a great commercial real estate opportunity at 1302 NE 1 Ave. This well maintained four-plex is fully occupied with month-to-month tenants and provides a total of 3,344 SF divided into four 2 BD, 1 BA. The property, sitting on an 8,088 SF lot with an adjacent lot of the same size with a total of 16,176 SF Lot which offers room for expansion or development. The property is currently undergoing a routine 40-year recertification process for long-term compliance and stability. While it's a promising investment, some updates, particularly in the bathrooms and kitchens, could enhance its appeal and functionality. There's also potential for gradual rent increases. This is a unique opportunity to invest in commercial real estate in a prime location.

Last Agent to Sell the Property

Giovanni Vasquez

Synergy Realty Advisors License #3333058 Listed on: 10/20/2023

Co-Listed By

Andros Sarduy

Synergy Realty Advisors License #3225429

Last Buyer's Agent

Giovanni Vasquez

Synergy Realty Advisors License #3333058 Listed on: 10/20/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,172

Year Built

  • Built in 1972

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Concrete Roof

Interior Spaces

  • 3,344 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • 4 Units
  • North Diamond Park Condos
  • North Diamond Park Subdivision

Listing and Financial Details

  • Rent includes trash collection
  • Assessor Parcel Number 10-79-07-034-0180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,172

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1972
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Co List Office Mls Id: SGRA01
  • Co List Office Phone: 786-536-7287
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: NORTH DIAMOND PARK
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 3344
  • Possible Use: Investment
  • Stories: 2

Exterior Features

  • Roof: Concrete
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: NORTH DIAMOND PARK
  • Total Parking Spaces: 8

Utilities

  • Sewer: Other
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 10-79-07-034-0180
  • Zoning: 3000
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Trash Collection

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7172

Multi Family

  • Number Of Units In Community: 4

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2023 12/28/23 Sold $820,000 -31.7% $245 / Sq Ft
10/20/2023 10/20/23 Price Changed $1,200,000 +60.0% $359 / Sq Ft
10/20/2023 10/20/23 For Sale $750,000 -- $224 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Giovanni Vasquez

    Seller's Agent in 2023

    Giovanni Vasquez

    Synergy Realty Advisors

    (786) 202-3303

    1 in this area

    28 Total Sales

    Giovanni Vasquez
    Section Image
  • Andros Sarduy

    Seller Co-Listing Agent in 2023

    Andros Sarduy

    Synergy Realty Advisors

    (305) 297-3557

    1 in this area

    45 Total Sales

    Andros Sarduy
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11469299

MIAMI REALTORS® MLS
Florida Miami/Dade County Homestead 33030 Modello

1302 NE 1st Ave, Homestead, FL

This home is located at 1302 NE 1st Ave, Homestead, FL 33030 since 20 October 2023. This property was built in 1972. 1302 NE 1st Ave is a home located in Miami-Dade County with nearby schools including Avocado Elementary School, South Dade Middle School, and Arthur And Polly Mays Conservatory Of The Arts.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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