1
  • 1058 Sq Ft
  • Area Size
29929 SW 159, Homestead FL 33033 | Miami-Dade County | A12118742
  • $7,000,000

Description

We are pleased to offer a portfolio of eight multifamily buildings totaling 31 units Homestad- Florida City area, in South Miami-Dade. The buildings are low-rise walk-up properties (one- and two-story) with a unit mix weighted toward 2-bedroom/1-bath apartments. The portfolio is currently 67.7% occupied (21 rented, 10 vacant), and the units are in need of improvement. BLDG 1 & BLDG 8 are two-story buildings with 4 units each. In our assessment, with additional work each could be converted into an 8-unit building, doubling the unit count in each building (from 8 units to 16 across the two) and bringing the portfolio from 31 to 39 units

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This listing is courtesy of Albo Realty Group Inc..

Listing data courtesy of MIAMI Association of REALTORS (RAPB/GFLR) via Bridge Interactive. Copyright SEFMLS © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.

  • Address: 159
  • City: Homestead
  • Zip/Postal Code: 33033

Details

Updated on November 10, 2026 at 10:49 am
  • Property ID A12118742
  • Price $7,000,000
  • Property Size 1058 Sq Ft
  • Year Built 1973
  • Property Status Active, Residential Income

Additional details

  • Cooling Ceiling Fan(s)
  • Heating Central
  • Tax Year 2025
  • Flooring Ceramic Floor
  • Building SCHOOL HOUSE SUB
  • Listing Terms All Cash, Conventional
  • Area School House Sub
  • Total Stories 2
  • Waterfront No
  • Association No
  • Style Fourplex
  • Private Pool No
  • Structure Type Quadruplex, Fourplex
  • Subdivision SCHOOL HOUSE SUB
  • Annual Tax 36000
  • Year Built Details Effective Year Built
  • Building Area 1134
  • Lot Size (Sq Ft) 0
  • Flood Zone X
  • New Construction No
  • Construction Concrete Block Construction
  • Association Type None

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Christopher Lazaro

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