1207 NE 1st Avenue, Homestead, FL 33030

New Listing

$889,000

Single-story exterior featuring a gray shingle roof, light-toned stucco siding, vibrant red entry doors, and mature landscaping

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12108749

Single-story structure featuring a concrete slab foundation, exterior stucco finish, and dedicated parking spaces

Single-story exterior featuring a light-toned stucco facade with red vertical accents, a gabled roofline, and dedicated concrete slab parking strips

Single-story residence featuring a neutral stucco exterior with red corner accents, a pitched roof, and a lawn with integrated concrete parking runners

Stucco exterior featuring a low-slope roof, concrete foundation, and mature trees on the surrounding lot

Exterior view featuring a single-story structure with a light-colored stucco finish, contrasting red trim accents, a concrete walkway, and established landscaping including mature palm trees

Stucco exterior featuring dual entry doors, a painted concrete porch, and manicured landscaping

Exterior grounds featuring a grass lawn, chain-link fencing, and stucco siding

Stucco exterior walls, metal storm shutters, and open lawn area with palm trees

Aerial view featuring a multi-segment shingle roof, established landscaping, and dedicated asphalt parking stalls

Aerial perspective of multi-family property featuring a low-slope roof, paved surface parking, and mature surrounding landscape

Corner lot property featuring a multi-pitched shingle roof, expansive perimeter lawn, paved off-street parking area, and established mature landscaping

Aerial perspective of a corner lot property featuring a low-slope roof, concrete driveway, and surrounding palm trees

Aerial perspective of a single-story residence featuring a shingled roof, asphalt driveway, and surrounding lawn area situated within an established residential neighborhood

Aerial perspective featuring a multi-unit residential property with a gabled roof, paved parking area, and manicured lawn

Ceramic tile flooring, ceiling fan with integrated lighting, and white bi-fold closet doors

Aerial perspective of a single-story structure with a pitched shingle roof, positioned on a corner lot with established green space and mature palm trees

Neutral-toned tile flooring, ceiling fan with integrated lighting, and louvered closet doors

Neutral-toned tile flooring, ceiling fan with integrated lighting, and a wall-mounted fire extinguisher

Interior room featuring neutral wall finishes, tile flooring, a multi-blade ceiling fan with integrated lighting, and a paneled exterior door

Bathroom featuring a white vanity cabinet, ceramic tile shower surround, wall-mounted shelving, and a frameless mirror

White pedestal-style vanity with a porcelain sink, dual-handle faucet, integrated cabinet storage, wall-mounted rectangular mirror, and two wooden floating shelves with metal brackets

White cabinetry with open shelving, laminate countertop, stainless steel sink with a chrome faucet, and tile flooring

Kitchenette area featuring white cabinetry, a single-basin stainless steel sink, and light-toned solid surface countertops, featuring tile flooring in the room beyond

Room featuring neutral tile flooring, white walls, bi-fold closet doors, and a ceiling fan with integrated lighting

Property Type: Residential Income Square Footage: 2,614 Status: Active

Current Price: $889,000 List Date: 10/19/2026 Last Modified: 10/19/2026

Overview

Description

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 portfo ... (Read more)

Listing Details MLS# A12108749

General Property Information

Number Of Units Total: 4
Property Sub Type: Quadruplex
Building Area Main: 2614
Living Area Main: 2484
Adjusted Area Main: 2492
Year Built: 1990
Parking Total: 4
Stories Total: Yes
Pool Private YN: No

Property Features

Documents Available: Rent Rolls Flooring: Clay Structure Type: Multi Family Construction Materials: Block Cooling: Electric Heating: Central; Separate Meters Listing Terms: Cash; Conventional; FHA Possession: Close Of Escrow; Negotiable Roof: Shingle Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions Utilities: Cable Available Showing Requirements: Call Listing Agent Unit 1 Parking Features: Parking Space Unit 2 Parking Features: Parking Space Unit 3 Parking Features: Parking Space Unit 4 Parking Features: Parking Space

Contract Information

Comp Sale YN: No
Original List Price: 889000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 1207
Street Direction Prefix: NE
Street Name: 1st
Street Suffix: Avenue
City Name: Homestead
Municipal Code: 10
State Or Province: FL
Postal Code: 33030
Postal Code +4: 4627
Postal Zip: 33030
Subdivision Name: DIAMOND PARK RE SUB
Area: 2790
Elementary School: Avocado
Middle Or Junior School: South Dade
High School: South Dade
Parcel Number: 1079070290040
Subdivision Number: 29
Zoning: 5700
Flood Zone: X

Financial Information

Tax Annual Amount: 6900
Tax Year: 2025
Tax Legal Description: DIAMOND PARK RE SUB PB 9-164 LOT 4 BLK 5 LOT SIZE 67.900 X 130 OR 14333-1489 1189 1

Status Change Information

Major Change Timestamp: 2026-10-19T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-10-19

More Information

Income and Expenses

Gross Income: 3400

Unit 1 Details

Actual Rent: 1300
Baths Full: Yes
Efficiency YN: No

Unit 1 Lease Description

Lease Term: Month To Month

Unit 2 Details

Actual Rent: 1300
Baths Full: Yes
Efficiency YN: No

Unit 2 Lease Description

Lease Term: Month To Month

Unit 3 Details

Actual Rent: 800
Baths Full: Yes
Efficiency YN: Yes

Unit 3 Lease Description

Lease Term: Month To Month

Unit 4 Details

Baths Full: Yes
Efficiency YN: Yes

Unit 4 Lease Description

Lease Term: Month To Month

Price Calculations

Current Price To SqFt: 357.89

Section Details

Parcel Number MLX: 0040

Originating Details

Originating System Key: 567624610
Originating System ID: M00000151

Listing Office: Brown Harris Stevens

Last Updated: October - 19 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

1207 NE 1st Avenue, Homestead, FL 33030 (MLS# A12108749)