You are requesting information from Ricardo Chen on 1207 NE 1st Ave Home
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Price: $889,000 | 2,614 s.f. | Beds | Baths
| Listing Price: | $889,000 |
| Price per Square Foot: | $357.89/s.f. |
| Beds: | |
| Baths: | |
| Interior Space: | 2,484 s.f. (230.8 m²) |
| Total Size: | 2,614 s.f. (242.8 m²) |
| Monthly Maintenance Fee: | $0 |
| Taxes (2025): | $6,900 |
| Reference: | A12108749 |
| See this property on BHSUSA.com | |
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.
The MLS data provided for the property above (MLS#A12108749) is provided courtesy of Brown Harris Stevens. Source: Southeast Florida MLS. Data updated 10/20/2026. Information is deemed reliable but not guaranteed. Copyright © 2026. The listing data on this page comes in part from the Internet Data Exchange (IDX), a collaboration between the following REALTOR(R) associations in the South Florida Multiple Listing Service (MLS): Miami Realtor Association, Realtor Association of Greater Ft. Lauderdale and the South Broward Board of Realtors. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is believed to be accurate, but is not warranted. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
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