1302 1st Ave ,Detached, Quadruplex, North Diamond Park for Sale

1302 1st Ave for Sale

Price $1,200,000.00

• Lot size 3848
• Year Build 1972
• Waterfront
• Zip 33030
• Style Detached
• Parking Description
• Pool Yes
• Status Active With Contract

Description

We're pleased to offer a great commercial real estate opportunity at 1302 NE 1 Ave. This well maintained four-plex is fully occupied with month-to-month tenants and provides a total of 3,344 SF divided into four 2 BD, 1 BA. The property, sitting on an 8,088 SF lot with an adjacent lot of the same size with a total of 16,176 SF Lot which offers room for expansion or development. The property is currently undergoing a routine 40-year recertification process for long-term compliance and stability. While it's a promising investment, some updates, particularly in the bathrooms and kitchens, could enhance its appeal and functionality. There's also potential for gradual rent increases. This is a unique opportunity to invest in commercial real estate in a prime location.

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NORTH DIAMOND PARK PB 9-79 LOT 4 BLK 6 LOT SIZE 8088 SQ FT

1/2 To Less Than 3/4 Acre Lot

We're pleased to offer a great commercial real estate opportunity at 1302 NE 1 Ave. This well maintained four-plex is fully occupied with month-to-month tenants and provides a total of 3,344 SF divided into four 2 BD, 1 BA. The property, sitting on an 8,088 SF lot with an adjacent lot of the same size with a total of 16,176 SF Lot which offers room for expansion or development. The property is currently undergoing a routine 40-year recertification process for long-term compliance and stability. While it's a promising investment, some updates, particularly in the bathrooms and kitchens, could enhance its appeal and functionality. There's also potential for gradual rent increases. This is a unique opportunity to invest in commercial real estate in a prime location.

City:Homestead,Zoning:3000,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2023,Latitude:25.482826,Cooling Y N:1,Heating Y N:1,List Price:1200000,Listing Id:A11469299,Longitude:-80.4751749,Mls Status:Active With Contract,Year Built:1972,Living Area:3344,Postal Code:33030,Street Name:1st Ave,Coordinates:1:25.482826,Photos Count:41,Building Name:NORTH DIAMOND PARK,Days On Market:17,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M L S Area Major:North Diamond Park,On Market Date:2023-10-13,Parcel Number:10-79-07-034-0180,Parking Total:8,Property Type:Residential Income,Stories Total:2,Street Number:1302,M I A M I R E_ Style:Fourplex,Public Remarks:We're pleased to offer a great commercial real estate opportunity at 1302 NE 1 Ave. This well maintained four-plex is fully occupied with month-to-month tenants and provides a total of 3,344 SF divided into four 2 BD, 1 BA. The property, sitting on an 8,088 SF lot with an adjacent lot of the same size with a total of 16,176 SF Lot which offers room for expansion or development. The property is currently undergoing a routine 40-year recertification process for long-term compliance and stability. While it's a promising investment, some updates, particularly in the bathrooms and kitchens, could enhance its appeal and functionality. There's also potential for gradual rent increases. This is a unique opportunity to invest in commercial real estate in a prime location.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,Expiration Date:2024-04-30,List Office Name:Synergy Realty Advisors,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Increase,Postal Code Plus4:4533,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NE,Subdivision Name:NORTH DIAMOND PARK,Tax Annual Amount:7172,Unparsed Address:1302 NE 1st Ave, Homestead FL 33030,Listing Agreement:Exclusive Agency,Year Built Details:Resale,Building Area Total:3848,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:358.8517,Original List Price:750000,Previous List Price:750000,Public Survey Range:79,I D X Participation Y N:1,Syndication Remarks:We're pleased to offer a great commercial real estate opportunity at 1302 NE 1 Ave. This well maintained four-plex is fully occupied with month-to-month tenants and provides a total of 3,344 SF divided into four 2 BD, 1 BA. The property, sitting on an 8,088 SF lot with an adjacent lot of the same size with a total of 16,176 SF Lot which offers room for expansion or development. The property is currently undergoing a routine 40-year recertification process for long-term compliance and stability. While it's a promising investment, some updates, particularly in the bathrooms and kitchens, could enhance its appeal and functionality. There's also potential for gradual rent increases. This is a unique opportunity to invest in commercial real estate in a prime location.,Listing Contract Date:2023-10-13,Originating System I D:miamire,Public Survey Section:7,Showing Instructions:Appointment Only,Call Listing Agent,Street Number Numeric:1302,Tax Legal Description:NORTH DIAMOND PARK PB 9-79 LOT 4 BLK 6 LOT SIZE 8088 SQ FT,Public Survey Township:79,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:1%,M I A M I R E_ Adjusted Area S F:3146,Contract Status Change Date:2023-10-13,Internet Address Display Y N:1,Number Of Units In Community:4,Transaction Broker Compensation:1%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:358.85,