716-731 SW 12th St - Apartments FOR SALE


Homestead, FL 33034
$855,000 USD
786-395-7116

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$855,000 USD
Apartments - FOR SALE
null | Request Cap Rate

716-731 SW 12th St
Homestead, FL 33034


OVERVIEW

With 90% of units already generating rental income, this portfolio demonstrates strong market demand and immediate cash flow potential. Homestead's growing economy and strategic location near major employment centers make these properties exceptionally attractive to tenants. Property Address Subdivision Name Bed Bath Rent X Mo Price HOA Taxes NOI CAP RATE 716 SW 12TH ST REGAL PALM SUBDIVISION 3 2.5 $ 2,250.00 $ 285,000.00 $110.00 $ 7,273.90 $ 18,406.10 6.46% 721 SW 11TH ST REGAL PALM SUBDIVISION 3 2.5 731 SW 11TH ST REGAL PALM SUBDIVISION 3 2.5 $ 2,300.00 $ 285,000.00 $110.00 $ 7,273.90 $ 19,006.10 6.67% Whether you're building a rental portfolio or seeking your first investment property, these numbers speak for themselves. Tenants are in place, rents are being collected, and the opportunity is ready for you to capitalize on. Maximum rental income potential. Large floor plans attract long-term tenants. Garages and fenced patios add premium appeal and higher rents. Every unit features a fenced patio area, perfect for families with children or pets. This amenity significantly increases rental appeal and tenant retention. Strategically positioned near schools, shopping, and major highways. Strong rental demand from families and professionals working in the area. Volume Discounts Available: Purchasing multiple units unlocks even better pricing. Whether you're buying 3 units or 30, we'll work with you on bulk pricing that makes sense for your investment strategy. Perfect for Wholesalers: Build your buyer's list with these hot properties. The numbers work for assignments, and with over 100 units available, there's plenty of inventory to market to your network of cash buyers and investors. Flexible Closing Timeline: We understand that bulk purchases require coordination. Work with us to structure a closing timeline that accommodates your financing, inspections, and portfolio planning needs..

FOR SALE DETAILS

PRICE

$855,000 USD

PRICE/SF

$204 USD /SF

# OF UNITS

3

PRICE/UNIT

$285,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

REGAL PALM SUBDIVISION

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2021

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

2100

APN/PARCEL ID

16-7825-024-0490

ASK ABOUT THIS PROPERTY

Aldo BrioloCervera Real EstateMore Info
786-395-7116

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Aldo BrioloCervera Real EstateMore Info
786-395-7116

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