$2,450,000
$2,600,000
5.8%For more information regarding the value of a property, please contact us for a free consultation.
419 SW 2nd Ave Homestead, FL 33030
5,817 SqFt
Key Details
Sold Price $2,450,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,817 sqft
Price per Sqft $421
MLS Listing ID A11215286
Sold Date 08/28/22
HOA Y/N No
Year Built 1958
Annual Tax Amount $23,297
Contingent Close of Other Property
Lot Size 10,000 Sqft
Property Sub-Type Multi Family
Property Description
MSP Group LLC is pleases to present for sale 419 SW 2nd Avenue in Homestead, FL. The 22 units are made up of Studio units with full kitchens that include a range with oven. 419 SW 2nd Avenue was gut renovated in 2019. Included in the renovation was the replacement of the cast iron plumbing with pvc drain lines. The building was constructed of concrete block with flat concrete roofs. The roof covering was replaced while property was being renovated in 2019. The property has been well maintained and is up to date with its 40 year recertification through the City of Homestead. The 22 studio units provide much needed work force housing in a consistently 100% occupied market. Area rents seem to be continually increasing as the demand for affordable housing expands throughout South Florida.
Location
State FL
County Miami-dade County
Area 78
Interior
Heating Window Unit, Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Ceramic Tile
Exterior
Roof Type Concrete
Total Parking Spaces 12
Private Pool Yes
Building
Sewer Public Sewer
Water Public
Structure Type Block
Others
Tax ID 10-78-13-048-0060
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with BM2 Realty