Log In/Sign Up
Your email has been sent.
1148 SE 2nd St 4 Unit Apartment Building $1,600,000 ($400,000/Unit) 6.48% Cap Rate Homestead, FL 33030
Investment Highlights
- Conveniently located near the Florida Turnpike and US-1 for regional connectivity.
- Positioned within a growing residential corridor in South Florida.
Executive Summary
Rare four-unit townhome portfolio in Florida City, Florida — the southernmost municipality in Miami-Dade County. This package offering consists of four separate townhome units on individual folios (parcels), sold together as a single commercial investment deal. The units are not attached to each other and are fully leased, well-maintained, and deliver immediate, stabilized cash flow. With 100% occupancy, a proven rent roll, and a current cap rate of 6.48%, this asset is primed to deliver strong risk-adjusted returns from day one. Strategically positioned near the Florida Turnpike and US-1, the properties benefit from robust workforce housing demand driven by proximity to Homestead employment corridors, Everglades National Park, and the Florida Keys. With rental growth momentum throughout South Florida's most affordable submarkets, this portfolio of detached townhomes represents a compelling acquisition opportunity for value-add and income investors alike.
Property Facts
| Price | $1,600,000 | Building Class | B |
| Price Per Unit | $400,000 | Lot Size | 0.22 AC |
| Sale Type | Investment | Building Size | 1,615 SF |
| Cap Rate | 6.48% | No. Stories | 2 |
| No. Units | 4 | Year Built | 2025 |
| Property Type | Multifamily | Parking Ratio | 4.95/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Townhome | ||
| Zoning | 9300 - PLANNED UNIT DEVELOPMENT | ||
| Price | $1,600,000 |
| Price Per Unit | $400,000 |
| Sale Type | Investment |
| Cap Rate | 6.48% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.22 AC |
| Building Size | 1,615 SF |
| No. Stories | 2 |
| Year Built | 2025 |
| Parking Ratio | 4.95/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | 9300 - PLANNED UNIT DEVELOPMENT |
Amenities
Unit Amenities
- Air Conditioning
- Storage Space
- Tile Floors
- Kitchen
- Refrigerator
- Oven
- Carpet
Site Amenities
- Storage Space
1 1
1 of 38
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
1148 SE 2nd St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.