Description

Prime Investment Property with Development Potential!
Excellent opportunity to own a fourplex located just off Krome Avenue near US-1 and minutes from downtown Homestead. Each of the four units features 2 bedrooms and 1 bath, offering steady rental income and strong tenant demand in a high-growth area. The property includes a 40-year recertification valid through June 27, 2032, ensuring compliance and peace of mind. With its large lot and future development potential, this property is ideal for investors seeking immediate cash flow with long-term upside. Listing includes 4plex with 2 neighboring lots.
(Folio# 10-7813-050-0370) (Folio# 10-7813-050-0381)

Address

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Address: Krome Ter
City: Homestead
State/county: Miami-Dade County
Zip/Postal Code: 33030
Area: TATUMS ADDITION NO 1

Details

Updated on May 6, 2026 at 3:29 am

Property ID A11909052
Price $1,475,000
Property Size 3907 Square Feet
Year Built 1972
Type Quadruplex
Property Status Residential Income

Additional details

BuildingAreaTotal 3907
BuildingAreaUnits Square Feet
BuildingName TATUMS ADDITION NO 1
ConstructionMaterials Concrete Block Construction
ContractStatusChangeDate 2025-11-05
Cooling Central Air, Electric
DaysOnMarket 181
DocumentsAvailable Financial Statement, Copy Of Lease(S), Rent Rolls, Existing Survey
ExpirationDate 2026-11-05
Flooring Tile
Heating Central, Electric
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 305-216-3433
ListingTerms All Cash, Conventional
LotFeatures Less Than 1/4 Acre Lot
LotSizeSquareFeet 0
MLSAreaMajor Tatums Addition No 1
MajorChangeTimestamp May 5, 2026 at 09:12pm
MajorChangeType Price Decrease
MlsStatus Active
ModificationTimestamp May 5, 2026 at 09:12pm
NumberOfUnitsInCommunity 4
OnMarketDate 2025-11-05
OriginalEntryTimestamp November 5, 2025 at 09:48pm
OriginalListPrice 1550000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 10-78-13-050-0360
ParkingTotal 4
PhotosChangeTimestamp November 5, 2025 at 09:54pm
PhotosCount 17
Possession Funding
PostalCode 33030
PostalCodePlus4 7246
PreviousListPrice 1550000
PriceChangeTimestamp May 5, 2026 at 09:12pm
PublicSurveyRange 78
PublicSurveySection 13
PublicSurveyTownship 78
RentIncludes Gardener
Roof Shingle
Sewer Public Sewer
ShowingContactType Agent
ShowingInstructions Call Listing Agent
SourceSystemKey 422813968
StateOrProvince FL
StatusChangeTimestamp November 5, 2025 at 09:48pm
Stories 2
StoriesTotal 2
StreetDirPrefix SW
StreetName Krome Ter
StreetNumber 520
StreetNumberNumeric 520
StructureType Quadruplex, Fourplex
SyndicationRemarks Prime Investment Property with Development Potential! Excellent opportunity to own a fourplex located just off Krome Avenue near US-1 and minutes from downtown Homestead. Each of the four units features 2 bedrooms and 1 bath, offering steady rental income and strong tenant demand in a high-growth area. The property includes a 40-year recertification valid through June 27, 2032, ensuring compliance and peace of mind. With its large lot and future development potential, this property is ideal for investors seeking immediate cash flow with long-term upside. Listing includes 4plex with 2 neighboring lots. (Folio# 10-7813-050-0370) (Folio# 10-7813-050-0381)
TaxAnnualAmount 9162
TaxLegalDescription TATUMS ADD NO 1 PB 1-128 LOT 55 LOT SIZE 50.000 X 145 COC 25485-0842 02 2007 1
TaxYear 2024
WaterSource Municipal Water
YearBuiltDetails Resale
Zoning 9400