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ActiveMLS listing sourceMIAMI REALTORS® MLS
ActiveMLS® A12108749
$889,000

1207 NE 1st Avenue, Homestead, FL 33030

Beds
—
Baths
0
Sqft
2,484
Est. payment$5,633/mo
Home type
Quadruplex
Year built
1990
Lot size
—
Price / sqft
$358
HOA
$0/mo
Community
DIAMOND PARK RE SUB

Property description

Investment opportunity in Homestead! This fourplex offers substantial income growth potential and a new roof completed with permits. An opportunity for investors seeking a multifamily asset with room to improve rental performance and build long-term value. With four income-producing units, the property offers multiple rental streams and significant future upside through strategic management and rent optimization.Projected annual net operating income of nearly $85,000 assumes registration with the local housing authority and achievement of projected rents, subject to program approval, applicable inspections, and operating expenses. This figure represents potential future performance and is not current or guaranteed income. Buyers should independently verify existing rents, leases, expenses, program requirements, and financial projections during due diligence.The recently completed permitted roof adds value while addressing a major building component. Whether expanding an existing portfolio or pursuing a multifamily investment with room for growth, this fourplex offers an opportunity to capitalize on its untapped rental potential.Tenant occupied. Please do not disturb tenants or enter the property without a confirmed appointment. All showings are by appointment only.

Listing activity

Days on market
14
Listed
Oct 19, 2026
MLS listing updated
6 hours ago
Feed last checked
13 minutes ago

Listed by Ricardo Chen · Brown Harris Stevens

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms
0
Bathrooms (decimal)
0

Rooms & features

Flooring
Clay

Heating & cooling

Heating
Separate Meters, Central
Cooling
Electric
Property

Exterior

Stories
1
Building area
2,614 sqft
Pool
No
Waterfront property
No

Lot

Zoning
5700
Construction

Type & style

Home type
Quadruplex
Structure type
Multi Family
Year built
1990

Materials

Construction
Block
Roof
Shingle
Utilities & green energy

Utilities

Sewer
Public Sewer
Utilities
Cable Available
Community & HOA

Community

Subdivision
DIAMOND PARK RE SUB
MLS area
2790

Association

Has association
No
Estimated monthly dues
$0
Lease details

Not reported by the listing source.

Location

Area details

City
Homestead
County
Miami-Dade
ZIP code
33030
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A12108749
Possession
Close Of Escrow, Negotiable
Original list price
$889,000
Parcel number
1079070290040
Annual property tax
$6,900
Tax year
2025
Tax legal description
DIAMOND PARK RE SUB PB 9-164 LOT 4 BLK 5 LOT SIZE 67.900 X 130 OR 14333-1489 1189 1
Additional MLS details

Reported by the listing source

Association
No
Bathrooms Total Decimal
0
Bathrooms Total Integer
0
Building Area Total
2614
Construction Materials
Block
County Or Parish
Miami-Dade
Days On Market
14
Elementary School
Avocado
High School
South Dade
List Price
889000
Listing Contract Date
2026-10-19
Living Area
2484
MLSArea Major
2790
Middle Or Junior School
South Dade
Mls Status
Active
On Market Date
2026-10-18
Photos Count
26
Postal Code
33030
Property Sub Type
Quadruplex
Property Type
Residential Income
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-10-19T04:00:00Z
Stories Total
1
Subdivision Name
DIAMOND PARK RE SUB
Tax Annual Amount
6900
Pool Private
No
Waterfront
No

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Oct 19, 2026ListedMIAMI REALTORS® MLS$889,000$358/sqft

Public tax history

YearProperty taxesAssessment
2025$6,900—

Payment calculator

Estimated monthly payment$5,633/moIllustrative estimate, not a loan offer.
Principal & interest
$4,613
Property taxes
$575
Insurance
$445
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

DIAMOND PARK RE SUB

Homestead · Miami-Dade County · 33030

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

AvocadoElementary
—
South DadeMiddle
—
South DadeHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

12 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Brown Harris Stevens. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.