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Executive Summary

With 90% of units already generating rental income, this portfolio demonstrates strong market demand and immediate cash flow potential.
Homestead's growing economy and strategic location near major employment centers make these properties exceptionally attractive to tenants.
Property Address Subdivision Bed/Bath Rent X Mo Price HOA Taxes NOI CAP RATE
452 NE 4TH LN Keys Point 2 2.5 $2,300.00 $289,000.00 $105.00 $7,666.52 $18,673.48 6.46%
452 NE 4TH TER Keys Point 2 2.5 $2,000.00 $289,000.00 $105.00 $7,666.52 $15,073.48 5.22%
452 NE 5TH ST Keys Point 2 2.5 $2,300.00 $289,000.00 $105.00 $7,666.52 $18,673.48 6.46%
453 NE 5TH TER Keys Point 3 3 $2,500.00 $330,000.00 $105.00 $7,666.52 $21,073.48 6.39%
457 NE 5TH ST Keys Point 3 3 $2,250.00 $330,000.00 $105.00 $7,666.52 $18,073.48 5.48%
480 NE 5TH ST Keys Point 2 2.5 $2,000.00 $289,000.00 $105.00 $7,666.52 $15,073.48 5.22%
484 NE 5TH ST Keys Point 2 2.5 $2,000.00 $289,000.00 $105.00 $7,666.52 $15,073.48 5.22%
484 NE 5TH TER Keys Point 2 2.5 $2,300.00 $289,000.00 $105.00 $7,666.52 $18,673.48 6.46%
488 NE 5TH ST Keys Point 2 2.5 $2,300.00 $289,000.00 $105.00 $7,666.52 $18,673.48 6.46%
488 NE 5TH TER Keys Point 2 2.5 $2,250.00 $289,000.00 $105.00 $7,666.52 $18,073.48 6.25%
492 NE 5TH ST Keys Point 2 2.5 $2,000.00 $289,000.00 $105.00 $7,666.52 $15,073.48 5.22%
492 NE 5TH TER Keys Point 2 2.5 $2,300.00 $289,000.00 $105.00 $7,666.52 $18,673.48 6.46%
556 NE 4TH ST Keys Point 2 2.5 $2,200.00 $289,000.00 $105.00 $7,666.52 $17,473.48 6.05%
Whether you're building a rental portfolio or seeking your first investment property, these numbers speak for themselves.
Tenants are in place, rents are being collected, and the opportunity is ready for you to capitalize on.
Maximum rental income potential. Large floor plans attract long-term tenants. Garages and fenced patios add premium appeal and higher rents.
Every unit features a fenced patio area, perfect for families with children or pets. This amenity significantly increases rental appeal and tenant retention.
Strategically positioned near schools, shopping, and major highways. Strong rental demand from families and professionals working in the area.
Volume Discounts Available: Purchasing multiple units unlocks even better pricing. Whether you're buying 3 units or 30, we'll work with you on bulk
pricing that makes sense for your investment strategy.
Perfect for Wholesalers: Build your buyer's list with these hot properties. The numbers work for assignments, and with over 100 units available, there's
plenty of inventory to market to your network of cash buyers and investors.
Flexible Closing Timeline: We understand that bulk purchases require coordination. Work with us to structure a closing timeline that accommodates your
financing, inspections, and portfolio planning needs.

Property Facts

Price $3,839,000
Price Per Unit $295,308
Sale Type Investment
Sale Conditions
Distress Sale
  • 1031 Exchange
  • Sale Leaseback
  • Ground Lease (Leasehold)
  • Ground Lease (Leased Fee)
  • Build to Suit
  • Bulk/Portfolio Sale
  • Lease Option
  • Deferred Maintenance
  • High Vacancy Property
  • Redevelopment Project
  • Building in Shell Condition
  • REO Sale
  • Short Sale
No. Units 13
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class B
Lot Size 1.00 AC
Building Size 15,600 SF
No. Stories 2
Year Built 2021
Zoning 5700
Fairly walkable
50/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
16-7919-030-2120
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$285,000
  • Listing ID: 41488882

  • Date on Market: 7/30/2026

  • Last Updated:

  • Address: 556 NE 5th St, Florida City, FL 33034

Contact the Sale Advisor

Keys Point | 556 NE 5th St

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