1207 NE 1st Ave, Homestead, FL 33030
Homestead, FL 33030 · MLS# A12108749 · Active · DIAMOND PARK RE SUB
Description of 1207 NE 1st Ave, Homestead, FL 33030
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.
Property Details for 1207 NE 1st Ave, Homestead, FL 33030
- Flooring
- Clay
- Heating
- Central
- Cooling
- Electric
- Architectural Style
- Attached
- Pool Private
- No
- Year Built Details
- Effective Year Built
Building Information for 1207 NE 1st Ave, Homestead, FL 33030
- Building Name
- DIAMOND PARK RE SUB
- Building Area Total
- 2614
- Building Area Units
- Square Feet
- Stories
- 1
- Stories Total
- 1
- Association
- No
Property Information for 1207 NE 1st Ave, Homestead, FL 33030
- Lot Features
- Less Than 1/4 Acre Lot
- Waterfront
- No
- View
- No
- Construction Materials
- Concrete Block Construction
- Roof
- Shingle
- Sewer
- Public Sewer
- New Construction
- No
Public Records for 1207 NE 1st Ave, Homestead, FL 33030
- Parcel Number
- 10-79-07-029-0040
- Tax Annual Amount
- $6,900
- 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
- Zoning
- 5700
- County Or Parish
- Miami-Dade County
Payment Calculator
- Principal & Interest
- $4,495
- Property Taxes
- $575
- Home Insurance
- $445
Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.
Location
1207 NE 1st Ave, Homestead, FL 33030 · See all Homestead homes for sale
More information about 1207 NE 1st Ave, Homestead, FL 33030
1207 NE 1st Ave is a multi-family home for sale in Homestead, FL 33030. This property was listed for sale on October 19, 2026 by Brown Harris Stevens, it's currently listed at $889,000. This listing's school district is Miami-Dade County Public Schools. 1207 NE 1st Ave is a 2,484 sqft multi-family home built in 1990.