Residential Income

611 8th Ave

Homestead, FL 33030

ML#:A11999977

List Price:$445,000

Status:Active

Days on Market:35

Listing Brkr:MSP Group, LLC

Subdivision:CENTRAL COMML HOMESTEAD

Bedrooms:0

Baths:0

SqFt (Liv):1,346

Lot Size:0 sqft

Year Built:1966

Stories:1

The property is made up of two 2-bedroom/1-bathroom units with approximately 713 SF each, encompassing a formal living area and a kitchen with refrigerator, stovetop, oven, and an over-the-range microwave. The units feature wall A/C units and shuttered windows, which in addition to the concrete roofs, lower the insurance premium to just above $1,000 per unit. The property has individual meters for water and electricity, lowering the operating cost for the owner. The property is conveniently located near US1 and the Florida Turnpike, two of Miami-Dade County’s main north/south arteries. It is also located minutes away from Downtown Homestead which is enjoying large amounts of investments that include a new Police Station, City Hall, the reopening of the historic Seminole Theatre and the 65,000 SF Homestead Station that includes a movie theatre, bowling alley, large arcade, multiple dinning and retail options. The immediate area surrounding the property is also seeing a slew of development including single family homes, duplexes and large multifamily properties. 611 SW 8th Avenue is located steps away from the Miami-Dade County Busway that has been implementing the Bus Rapid Transit System connecting South Dade to the Metro Rail and beyond.