525 SW 1st Avenue, Homestead, FL 33030 (MLS# A12000553)

525 SW 1st Avenue, Homestead, FL 33030

$2,050,000
Property Type: Commercial Sale Square Footage: 9,628 Status: Active
Current Price: $2,050,000 List Date: 3/09/2026 Last Modified: 6/21/2026

Overview

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 hou ...

Listing Details MLS# A12000553

General Property Information

Number Of Buildings
Yes
Property Sub Type
Multi Family
Number Of Units Total
Yes
Occupant Type
Call Listing Agent
Building Area Main
9628
Year Built
1973
Lot Size Area
14500
Lot Size Acres
0.33

Property Features

Heating: Central Individual Parking Features: Common Possession: Close Of Escrow Construction Materials: CBS Cooling: Central Individual Listing Terms: 1031 Exchange; Cash; Conventional Showing Requirements: Call Listing Agent

Contract Information

Comp Sale YN
No
Original List Price
2050000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
525
Street Direction Prefix
SW
Street Name
1st
Street Suffix
Avenue
City Name
Homestead
Municipal Code
10
State Or Province
FL
Postal Code
33030
Postal Code +4
7291
Area
2780
Parcel Number
1078130500390
Subdivision Number
50
Zoning
9400
Flood Zone
X

Financial Information

Tax Annual Amount
28906
Tax Year
2025
Tax Legal Description
TATUMS ADD NO 1 PB 1-128 LOTS 60 & 61 LOT SIZE 100.000 X 145 75R 245061 OR 20799-2912 1002 1 COC 22637-4967 08 2004 1

Status Change Information

Major Change Timestamp
2026-03-09T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-04-14

More Information

Description of Unit Type 1

Unit Type
1 Bedroom
Units Total
12
Furnished
No

Price Calculations

Current Price To SqFt
212.92

Section Details

Parcel Number MLX
0390

Originating Details

Originating System Key
454595535
Originating System ID
M00000151

Office/Member Information

DXORIGMLSID
SEF

Parking Features

Common
Yes

Possession

Close Of Escrow
Yes

Heating

Central Individual
Yes

Construction Materials

CBS
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Cooling

Central Individual
Yes

Showing Requirements

Call Listing Agent
Yes

Documents

IDX
Listing Office: MSP Group, LLC
Last Updated: June - 21 - 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.
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