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PRINCETON TOWNHOMES 24705 SW 129th Ave 15 Unit Apartment Building $6,000,000 ($400,000/Unit) 5.50% Cap Rate Homestead, FL 33032
INVESTMENT HIGHLIGHTS
- PRINCETON SUB MARKET
- ALL 3 BDRMS
- BUILT in 2023
- 100% occupied
EXECUTIVE SUMMARY
24705 SW 129 AVE | MIAMI, FL 33032
RE/MAX 360 proudly presents Princeton Townhomes.
Princeton Townhomes consists of a roughly 32,670 SF Lot with (15) brand-new modern designed (2)
story townhomes. Five similar models ranging in size from just under 1,400 SF to 1,550 SF.
Princeton is quickly becoming the jewel of South Dade with major developers like LENNAR and DR
HORTON are in full production mode in the very near vicinity.
Princeton Townhomes offers a fantastic point of difference
on what is quickly becoming "Princeton's" main corridor.
RE/MAX 360 proudly presents Princeton Townhomes.
Princeton Townhomes consists of a roughly 32,670 SF Lot with (15) brand-new modern designed (2)
story townhomes. Five similar models ranging in size from just under 1,400 SF to 1,550 SF.
Princeton is quickly becoming the jewel of South Dade with major developers like LENNAR and DR
HORTON are in full production mode in the very near vicinity.
Princeton Townhomes offers a fantastic point of difference
on what is quickly becoming "Princeton's" main corridor.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Balcony
- Cable Ready
- Dishwasher
- Crown Molding
- High Speed Internet Access
- Yard
- Dining Room
SITE AMENITIES
- Controlled Access
- Trash Pickup - Curbside
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 15 | $2,875 | - |
PROPERTY TAXES
| Parcel Number | 30-6923-000-1142 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,691,710 |
PROPERTY TAXES
Parcel Number
30-6923-000-1142
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,691,710
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PRINCETON TOWNHOMES | 24705 SW 129th Ave
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