1148 SE 2nd St - Apartments FOR SALE


Homestead, FL 33030- Downtown Homestead
$1,600,000 USD
305-606-2879
1148 SE 2nd St, Homestead, FL for Sale
$1,600,000 USD
Apartments - FOR SALE
1/37
null | 6.48% Cap Rate

1148 SE 2nd St
Homestead, FL 33030
Downtown Homestead


HIGHLIGHTS

  • Conveniently located near the Florida Turnpike and US-1 for regional connectivity.
  • Positioned within a growing residential corridor in South Florida.

OVERVIEW

Rare four-unit townhome portfolio in Florida City, Florida — the southernmost municipality in Miami-Dade County. This package offering consists of four separate townhome units on individual folios (parcels), sold together as a single commercial investment deal. The units are not attached to each other and are fully leased, well-maintained, and deliver immediate, stabilized cash flow. With 100% occupancy, a proven rent roll, and a current cap rate of 6.48%, this asset is primed to deliver strong risk-adjusted returns from day one. Strategically positioned near the Florida Turnpike and US-1, the properties benefit from robust workforce housing demand driven by proximity to Homestead employment corridors, Everglades National Park, and the Florida Keys. With rental growth momentum throughout South Florida's most affordable submarkets, this portfolio of detached townhomes represents a compelling acquisition opportunity for value-add and income investors alike.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$991 USD /SF

# OF UNITS

4

PRICE/UNIT

$400,000

CAP RATE

6.48%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2025

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

9300

APN/PARCEL ID

10-7918-015-0620,10-7918-015-0630,10-7918-015-0640,10-7918-015-0650

ASK ABOUT THIS PROPERTY

Arturo BendekSamour RealtyMore Info
305-606-2879

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Arturo BendekSamour RealtyMore Info
305-606-2879

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.