24705 SW 129th Ave - Apartments FOR SALE


Homestead, FL 33032- Princeton | 
$6,000,000 USD
305-772-8513
24705 SW 129th Ave, Homestead, FL for Sale
$6,000,000 USD
Apartments - FOR SALE
1/16
null | 5.5% Cap Rate

24705 SW 129th Ave
Homestead, FL 33032
Princeton


HIGHLIGHTS

  • 15 newly constructed townhomes completed in 2023 in the rapidly growing Princeton submarket.
  • Desirable three-bedroom floor plans ranging from approximately 1,400 SF to 1,550 SF.
  • 100% occupied residential investment with modern layouts and strong tenant appeal.
  • Located near major Lennar and DR Horton developments in high-growth South Miami-Dade.

OVERVIEW

Rare newly constructed multifamily investment opportunity in one of South Florida's fastest-growing residential corridors. The property consists of 15 modern two-story townhomes situated on approximately 32,670 SF of land. Featuring highly desirable three-bedroom floor plans ranging from approximately 1,400 SF to 1,550 SF, the community is positioned to benefit from continued growth fueled by major nearby developments from Lennar, DR Horton, and other national homebuilders throughout the Princeton and South Dade markets.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$241 USD /SF

# OF UNITS

15

PRICE/UNIT

$400,000

CAP RATE

5.5%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

PRINCETON TOWNHOMES

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2023

PARKING SPACES

29

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

R2

APN/PARCEL ID

30-6923-000-1142

ASK ABOUT THIS PROPERTY

Billy PlanesRE/MAX 360 Real EstateMore Info
305-772-8513

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Billy PlanesRE/MAX 360 Real EstateMore Info
305-772-8513

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