Home for Sale
$889,000
2,484 sqft
1207 NE 1st Ave, Homestead, FL 33030
DIAMOND PARK RE SUB
Homestead, FL 33030 · MLS# A12114021 · Active · TATUMS ADDITION NO 1
Homestead is one of Miami-Dade’s fastest-growing rental submarkets — and this cash-flowing quadruplex sits at its center. One block from US-1, minutes from the Turnpike, Homestead Hospital, City Hall, and a corridor seeing consistent commercial investment, 725 SW 1st Ave delivers a 5.5% cap rate and nearly 9.5% gross yield — fully stabilized, zero vacancy, long-term tenants in place. No value-add required: all 4 units feature brand-new mini-split A/C systems and impact-resistant windows. Two units have been fully remodeled. Freshly painted exterior. With Homestead’s 5-year home values up over 54% and South Miami’s workforce population shifting south, rental demand here continues to outpace supply. The property benefits from exceptional parking — 4 dedicated front spaces plus a large rear lot for 8+ vehicles, RVs, or boats — a rare amenity that reduces tenant turnover.
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.
725 SW 1st Ave, Homestead, FL 33030 · See all Homestead homes for sale
725 SW 1st Ave is a multi-family home for sale in Homestead, FL 33030. This property was listed for sale on October 27, 2026 by Strike Realty LLC, it's currently listed at $799,000. This listing's school district is Miami-Dade County Public Schools. 725 SW 1st Ave is a 2,128 sqft multi-family home built in 1954.