186 NW 1st Street 1 Multifamily Properties Offered at $1,500,000 in Homestead, FL

Horvath & Tremblay is pleased to present the exclusive sale of a multifamily investment property located at 186 NW 1st Street in Homestead, Florida (the “Property”). The two-story building contains a total of six (6) residential units comprised of one (1) Studio unit, four (4), 1-Bedroom/1- Bathroom units and one (1), 2-Bedroom/1-Bathroom unit with 3,480 square feet of living area in 3,480 square feet of total area on a 0.16-acre parcel of land. The Property has been well-maintained by the current ownership and includes eight (8) on-site parking spaces. Additionally, the offering also includes 194 NW 1st Street, an undeveloped 6,732 square foot (0.15-acre) parcel of land, that offers significant upside through the development of additional multi-family units.
186 NW 1st Street enjoys a desirable location in the heart of Downtown Homestead. The well-maintained Property is positioned in a quiet residential enclave and is one block from W Mowrey Drive, and is convenient to Flagler Avenue, Campbell Drive and US Route 1, three of the area’s primary commercial and commuter corridors. The Property provides outstanding access to Downtown Homestead and the employment, education, and entertainment venues the city offers. Additionally, the Homestead Air Reserve Base and Homestead-Miami Speedway are both within a few miles of the Property. 186 NW 1st Street provides a rare opportunity to own a well-maintained and attractive, multi-family Property with value-add potential in the heart of Downtown Homestead.