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419 SW 2nd Ave, Homestead FL 33030

Commercial Sale

419 2nd Ave

Homestead, FL 33030

ML#:A11215286
List Price:$2,600,000
Status:Closed
Days on Market:35
Listing Brkr:MSP Group, LLC
Subdivision:
Bedrooms:0
Baths:0
SqFt (Liv):
Lot Size:10000 sqft
Year Built:1958
Stories:

General Information

Type Property:Commercial Sale
Style:Income/MultiFamily
Pool:
Garage Spaces:0
Parking:

Location Information

County:Miami-Dade County
Zip:33030
Subdivision:
Latitude:25.465762
Longitude:-80.481289

Additional Features

Flooring:Ceramic Floor
Heating:Wall/Window Units
Cooling:Wall/Window Unit(s)
Construction:Concrete Block Construction
Waterfront:No
Security:Other Fire Protection, Smoke Alarm, Security Fence

Financial Information

Annual Taxes:$23,297
Days on Market:35

Remarks

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.

Listing Agent

Samuel Mekras

MSP Group, LLC

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 833-0020

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