TATUMS ADDITION NO 1

520 SW Krome Ter, Homestead FL 33030

3,907 ft²

For Sale · Active Listing

$1,475,000

4.84%

Est. Payment $7,851/mo

MLS Sheet Video

3,907

Sq. Ft.

1972

Year Built

2

Stories

181

Days on Market

Description

Prime Investment Property with Development Potential! Excellent opportunity to own a fourplex located just off Krome Avenue near US-1 and minutes from downtown Homestead. Each of the four units features 2 bedrooms and 1 bath, offering steady rental income and strong tenant demand in a high-growth area. The property includes a 40-year recertification valid through June 27, 2032, ensuring compliance and peace of mind. With its large lot and future development potential, this property is ideal for investors seeking immediate cash flow with long-term upside. Listing includes 4plex with 2 neighboring lots. (Folio# 10-7813-050-0370) (Folio# 10-7813-050-0381)

Facts

MLS#
A11909052
Subdivision
TATUMS ADDITION NO 1
Property Type
Residential Income
Property Sub Type
Quadruplex
Year Built
1972
Lot Size
0 sqft
Sq. Ft.
3,907 ft²
Sq. Mt.
363 m²
Price per sq. ft.
$378/ft²
Price per sq. mt.
$4,063/m²
Stories
2
Garage
Pool
Days on Market
181 days
Listed
Nov 5, 2025
Last Updated
May 5, 2026
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Homestead

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

48

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

5/5/2026Price change$1,475,000-4.8%
11/5/2025Listed for sale$1,550,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

520 SW Krome Ter, Homestead FL 33030Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$9,230/mo

Principal & Interest

$7,851

Property Tax

$1,229

Insurance

$150

HOA

$0

20% ($295,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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Updated within 24 hours

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