Log In/Sign Up
Your email has been sent.
634 NW 7th St - Prime Mutifamily | High Cap Rate 1,241 SF Retail Condo Unit Offered at $680,000 in Florida City, FL 33034
Investment Highlights
- Located within South Miami-Dade County's Florida City submarket near major transportation corridors.
- Located near neighborhood retail, services, and employment destinations that support residential demand.
- Positioned near ongoing residential and community development activity in the surrounding area.
Executive Summary
Incredible turnkey multifamily investment opportunity located at 634 SW 7th St, Homestead, FL. This property is fully rented, generating immediate, stable cash flow from day one with zero deferred maintenance. Situated in a prime location, the asset sits directly in the epicenter of major institutional builder investments, ensuring rapid neighborhood appreciation and massive built-in value-add potential.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | No. Parking Spaces | 2 |
| Cap Rate | 9.00% |
| Sale Type | Investment |
| Cap Rate | 9.00% |
| No. Parking Spaces | 2 |
Description
Duplex Multifamily
Sale Notes
634 NW 7th Street presents an opportunity to acquire an income-producing multifamily asset in Florida City, one of South Miami-Dade County's active residential growth corridors. Public marketing materials indicate the property is fully occupied and generating current cash flow, offering investors immediate income potential upon acquisition.
The property benefits from a location near major transportation routes serving South Miami-Dade County, including access to the Florida Turnpike and regional connections throughout Homestead, Florida City, Miami-Dade County, and the Florida Keys. The surrounding area has experienced ongoing residential development activity, supporting long-term demand fundamentals and continued investment interest throughout the market area.?
Florida City serves as the southern gateway to Miami-Dade County and provides access to major employment centers, retail services, tourism destinations, and regional transportation infrastructure. The property's position within an established residential area places it near daily-needs retail, local services, schools, and employment opportunities that support tenant demand. Investors seeking an asset with existing occupancy, current income, and exposure to one of South Florida's evolving residential markets may find this offering attractive for both near-term cash flow and longer-term appreciation potential.?
The property benefits from a location near major transportation routes serving South Miami-Dade County, including access to the Florida Turnpike and regional connections throughout Homestead, Florida City, Miami-Dade County, and the Florida Keys. The surrounding area has experienced ongoing residential development activity, supporting long-term demand fundamentals and continued investment interest throughout the market area.?
Florida City serves as the southern gateway to Miami-Dade County and provides access to major employment centers, retail services, tourism destinations, and regional transportation infrastructure. The property's position within an established residential area places it near daily-needs retail, local services, schools, and employment opportunities that support tenant demand. Investors seeking an asset with existing occupancy, current income, and exposure to one of South Florida's evolving residential markets may find this offering attractive for both near-term cash flow and longer-term appreciation potential.?
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1-2 | 1,241 SF | Retail | $680,000 ($547.95/SF) | $61,200 |
Unit 1-2
| Unit Size |
| 1,241 SF |
| Condo Use |
| Retail |
| Price |
| $680,000 ($547.95/SF) |
| NOI |
| $61,200 |
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 1-2
| Unit Size | 1,241 SF |
| Condo Use | Retail |
| Price | $680,000 ($547.95/SF) |
| NOI | $61,200 |
| Sale Type | Investment |
| Cap Rate | 9.00% |
| No. Parking Spaces | 2 |
| Description | |
| Duplex Multifamily</li></ul> | |
| Sale Notes | |
| 634 NW 7th Street presents an opportunity to acquire an income-producing multifamily asset in Florida City, one of South Miami-Dade County's active residential growth corridors. Public marketing materials indicate the property is fully occupied and generating current cash flow, offering investors immediate income potential upon acquisition.<br> <br> The property benefits from a location near major transportation routes serving South Miami-Dade County, including access to the Florida Turnpike and regional connections throughout Homestead, Florida City, Miami-Dade County, and the Florida Keys. The surrounding area has experienced ongoing residential development activity, supporting long-term demand fundamentals and continued investment interest throughout the market area.?<br> <br> Florida City serves as the southern gateway to Miami-Dade County and provides access to major employment centers, retail services, tourism destinations, and regional transportation infrastructure. The property's position within an established residential area places it near daily-needs retail, local services, schools, and employment opportunities that support tenant demand. Investors seeking an asset with existing occupancy, current income, and exposure to one of South Florida's evolving residential markets may find this offering attractive for both near-term cash flow and longer-term appreciation potential.?</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 2,241 SF | Typical Floor Size | 1,121 SF |
| Property Type | Industrial (Condo) | Year Built | 2025 |
| Building Class | B | Opportunity Zone |
Yes
|
| Floors | 2 |
| Total Building Size | 2,241 SF |
| Property Type | Industrial (Condo) |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 1,121 SF |
| Year Built | 2025 |
| Opportunity Zone |
Yes |
Amenities
- 24 Hour Access
- Air Conditioning
Fairly walkable
50/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
40/100
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Kaza International Realty
634 NW 7th St - Prime Mutifamily | High Cap Rate
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.