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$2,050,000
 $11,005 est/mo Sourced by Back At You

525 SW 1st Avenue,Homestead, FL 33030

Homestead, FL 33030

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Description

525 SW 1st Avenue is a 12-unit building located in Homestead, FL. The property is made up of 12 expansive 802 SF 1 bedroom 1 bathroom apartments with walk in closets, full size kitchens formal dining and living areas. The units all feature central air conditioning along with impact windows and doors. These spacious units provide an owner with long term tenants and excellent average rent of $1,560. The property ais up to date with the 40-year recertification through the City of Homestead . This asset allows an investor to step in to an asset that is producing excellent cashflow along with some rental upside through more section 8 tenants and other potential strategies. The new owner of the property will be stepping into a building with excellent in place cashflow but will still have some rental upside. The building is well suited for section 8 and market rate tenants with the significant amount of employment in South Dade and the Florida Keys. These units provide essential workforce housing in a high occupancy market and will standout amongst rental product available in the area due to size and condition. Area rents are continually increasing as the demand for affordable housing expands throughout South Florida.

Details

MLS #A12000553
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1973
Days On Site131
Listing Provided ByMSP Group, LLC | Samuel John Mekras

Features

SQ Feet9,628
Units1
Building(s)1
Zoning9400
Acreage0.33

Parking

Parking FeaturesCommon

Taxes

Tax Annual Amount28906

Area Information

StateFL
CountyMiami Dade
CityHomestead
Zip Code33030
Area2780
Listing VS Median (in 33030)
Price:
$2,050,000
low | high
Med:
$549,000
100% of Average
sqft:
9,628
low | high
Med:
1,551
100% of Average
$ / sqft:
$213
low | high
Med:
$355
16.602845514225% of Average
On site:
131
low | high
Med:
144.5
90.657439446367% of Average
Sourced by Back At You

Market Activity 33030

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The information is being provided by Beaches MLS. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Beaches MLS. All Rights Reserved.

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Learn More About This Property

Arterra Realty

Arterra Realty

 (248) 731-0048marketing@arterrarealty.com
StateFL
CountyMiami Dade
CityHomestead
Zip Code33030
Area2780
Listing VS Median (in 33030)
Price:
$2,050,000
low | high
Med:
$549,000
100% of Average
sqft:
9,628
low | high
Med:
1,551
100% of Average
$ / sqft:
$213
low | high
Med:
$355
16.602845514225% of Average
On site:
131
low | high
Med:
144.5
90.657439446367% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $1.537M - $2.562M
sqft: 7,000 - 12,000
Nearby Listings Property ImageNearby Listings Details
33004 S Dixie Highway Property Photo 1
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Florida City, FL 33034
1 S Krome Avenue Property Photo 1
$40,000
1 S Krome Avenue
Homestead, FL 33030
421 NW 12th Street Property Photo 1
$2,850,000
421 Nw 12th Street
Florida City, FL 33034
Listing Updated: July 19, 2026 at 3:52:15 AM PDT
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