525 1st Ave ,Apartments for Sale & Rent

525 1st Ave for Sale & Rent

Price $2,050,000.00

• Lot size 14500
• Year Build 1973
• Waterfront
• Zip 33030
• Style
• Parking Description Common
• Pool Yes
• Status Active

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 housing in a high occupancy market and will standout amongst rental product available in the area due to size and condition. Area rents are continually increasing as the demand for affordable housing expands throughout South Florida.

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

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 housing in a high occupancy market and will standout amongst rental product available in the area due to size and condition. Area rents are continually increasing as the demand for affordable housing expands throughout South Florida.

City:Homestead,Zoning:9400,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2025,Latitude:25.464767,Cooling Y N:1,Heating Y N:1,List Price:2050000,Listing Id:A12000553,Longitude:-80.4790883,Mls Status:Active,Year Built:1973,Postal Code:33030,Street Name:1st Ave,Coordinates:1:25.464767,Photos Count:25,Days On Market:38,Listing Terms:1:Conventional/Refinance,2:Exchange,Lot Size Units:Square Feet,M I A M I R E_ Area:79,On Market Date:2026-03-09,Parcel Number:10-78-13-050-0390,Property Type:Commercial Sale,Stories Total:2,Street Number:525,Public Remarks: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 housing in a high occupancy market and will standout amongst rental product available in the area due to size and condition. Area rents are continually increasing as the demand for affordable housing expands throughout South Florida.,County Or Parish:Miami-Dade County,Expiration Date:2026-09-06,List Office Name:MSP Group, LLC,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:7291,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:SW,Tax Annual Amount:28906,Unparsed Address:525 SW 1st Ave, Homestead FL 33030,Listing Agreement:Exclusive Right To Sell,M I A M I R E_ Blogging:1,Building Area Total:9628,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Square Feet:14500,M I A M I R E_ Flood Zone:X,M I A M I R E_ For Sale Y N:1,Number Of Buildings:1,Original List Price:2050000,Public Survey Range:78,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks: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 housing in a high occupancy market and will standout amongst rental product available in the area due to size and condition. Area rents are continually increasing as the demand for affordable housing expands throughout South Florida.,Listing Contract Date:2026-03-09,Originating System I D:miamire,Public Survey Section:13,Showing Instructions:Call Listing Agent,Street Number Numeric:525,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,M I A M I R E_ Current Price:2050000,Public Survey Township:78,M I A M I R E_ Municipal Code:10,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Internet Remarks: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.,M I A M I R E_ Parcel Number M L X:0390,M I A M I R E_ Street View Param:1$25.464709$-80.479006$103.00$13.33$1.00$294T8qIjynafbi0_pDiV7A,M I A M I R E_ Supplement Count:1,Contract Status Change Date:2026-03-09,Internet Address Display Y N:1,Number Of Units In Community:12,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:50,M I A M I R E_ Agent Alternate Phone:786-671-0154,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:525 SW 1st Ave,