Great opportunity to own a duplex in the city of Homestead. The property is on a corner lot with plenty of parking for the tenants. One unit is a 3/1 and the other is a 2/1. Long term tenants on month to month agreement. Rents are below market for the area.
LOCATION, LOCATION, LOCATION! THIS BEAUTIFUL PROPERTY IS NEAR THE POPULAR FRUIT AND SPICE PARK, HOMESTEAD STATION, A WIDE VARIETY OF RESTAURANTS AND SHOPPING. IT IS AN EASY DRIVE TO EVERGLADES NATIONAL PARK, BISCAYNE NATIONAL PARK, AND THE FLORIDA KEYS! LARGE FAMILY SOLUTION, NO HOA. NO CDD.
Introducing a brand-new income opportunity. This stunning duplex, set to be completed by September '24, boasts two spacious units, each featuring 3 bedrooms, 2 bathrooms, and 1,184 sqft of modern living space. Enjoy premium finishes throughout, including porcelain tile floors, quartz countertops, sleek white wood cabinetry, chrome fixtures, and stainless steel appliances. Have peace of mind with high-impact windows and doors. Don't miss out on this exceptional investment opportunity! NO CCD and No Developer Fees
1340 NW 11th Street is located just north of Campbell Drive. As one of the most attractive areas in the city, northwest Homestead is within close proximity to downtown Homestead and all the retail and employment that is located on US-1. Downtown Homestead is home to several retail locations such as Homestead Station, Homestead Plaza, Homestead Towne Square, as well as public service buildings including the Homestead Police Station and City Hall. Additionally, higher education is available. Both of the units are currently rented month to month to long term tenants, with significant upside potential. The property has individual meters for water and electricity and had the roof replaced in April of 2016 with significant useful life remaining. Proof of funds/pre approval required for showing.
Homestead is located in Florida. Homestead, Florida has a population of 67,354. Homestead is more family-centric than the surrounding county with 37.06% of the households containing married families with children. The county average for households married with children is 28.46%.
The median household income in Homestead, Florida is $43,150. The median household income for the surrounding county is $46,338 compared to the national median of $57,652. The median age of people living in Homestead is 30.9 years.
The average high temperature in July is 90.5 degrees, with an average low temperature in January of 55 degrees. The average rainfall is approximately 58.8 inches per year, with 0 inches of snow per year.