What is the asking price and what does it include?

The list price for 651 SW 4th Ave, Homestead FL 33030 is $1,985,000. The property is a Quadruplex with — bedrooms, — bathrooms, approximately 5856 square feet of living space, on a — lot. List price reflects the home and customarily-attached fixtures; it does not include furniture, art, or detached personal property unless explicitly listed in contract. Final inclusions are determined by the executed purchase contract, not by this page. Contact us if you want a written inclusions/exclusions schedule before drafting an offer.

Where exactly is it, and what is the neighborhood like?

The property sits at 651 SW 4th Ave, Homestead FL 33030 in Homestead, 33030. Coordinates are approximately 25.4639505, -80.4832864. Walkability, transit, distance to beach or bay, and traffic patterns vary block by block and are best evaluated in person; visit at both a weekday rush hour and a weekend afternoon before writing an offer. We do not characterize neighborhoods by demographic composition — Fair Housing Act constraints we take seriously. We will gladly provide objective data on request: distance to nearest grocery, hospital, marina, public school, and major roadway.

What are the property taxes and any homestead implications?

Miami-Dade County real-estate taxes are administered by the Miami-Dade Property Appraiser (current assessment + tax-bill data at https://www.miamidade.gov/pa/property_search.asp). A new buyer's tax bill resets based on the sale price and the buyer's own exemption status; the first full tax bill after purchase is often meaningfully higher than the seller's prior bill. Florida's Homestead Exemption reduces the taxable value for a primary residence — eligibility requirements and filing windows are published at https://www.miamidade.gov/pa/exemptions_homestead.asp. The statewide Florida Department of Revenue property-tax reference is at https://floridarevenue.com/property/.

Is it in a flood zone, and what does that mean for insurance?

Authoritative flood-zone designation for any U.S. address is published by FEMA on the National Flood Hazard Layer at https://msc.fema.gov/portal/home. Coastal South Florida includes properties in multiple flood-risk zones (AE, V, VE, X). Lenders typically require flood insurance in high-risk zones. The FEMA Risk Rating 2.0 methodology (premiums based on elevation, construction type, claims history, distance to water) is documented at https://www.fema.gov/flood-insurance/risk-rating. Florida-specific flood-insurance program data is at https://floridarevenue.com/.

How do you determine the list price?

We analyze recent comparable sales in Homestead — similar properties in size, condition, and location that sold within the last three to six months. This Comparative Market Analysis (CMA) helps ensure 1,985,000 reflects current market value. For a personalized CMA on a specific property or to discuss listing strategy, contact us directly.

How long does it typically take to close on this property?

Most Florida real estate transactions close in 30–45 days from accepted offer, assuming timely financing, inspections, and HOA or condominium questionnaire responses. Condominium sales may take longer if SB-4D structural reports or association approvals are needed. We manage the timeline closely to avoid delays. Contact us for a detailed closing checklist tailored to 651 SW 4th Ave, Homestead FL 33030.

What financing step do you recommend before touring?

Get pre-approved by a licensed lender before making an offer. A pre-approval letter shows sellers you are a serious buyer and can close. In Florida's competitive market, it is often a practical requirement. We work with trusted local lenders who understand Miami-Dade specifics like flood-zone implications and condominium-warrantability requirements. Call us for lender referrals.

Home
Quadruplex
651 SW 4th Ave, Homestead FL 33030 | Miami-Dade County | A12021697

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651 SW 4th Ave, Homestead FL 33030 | Miami-Dade County | A12021697

651 SW 4th Ave, Homestead FL 33030

Residential Income Active

$1,985,000

15 More

Type
Quadruplex

5856 Square Feet
Area Size

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Residential Income Active

651 SW 4th Ave, Homestead FL 33030 | Miami-Dade County | A12021697

651 SW 4th Ave, Homestead FL 33030

$1,985,000

Description

Stabilized 12-unit multifamily opportunity in Homestead featuring updated 1BR/1BA units across three buildings on an approximately 15,000 SF corner assemblage. Property offers strong in-place income with renovated interiors including quartz countertops, white shaker-style kitchens, tile flooring, and updated bathrooms. Separately metered electric, city water/sewer, and ample on-site parking support operational efficiency and long-term ownership. Well-positioned near major roadways, transit, shopping, and Historic Downtown Homestead. Excellent opportunity for investors seeking stabilized cash flow with continued growth potential in an expanding South Miami-Dade market.

Address

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Address: 4th Ave
City: Homestead
State/county: Miami-Dade County
Zip/Postal Code: 33030
Area: TATUMS COLORED TOWN ADDN T

Details

Updated on May 28, 2026 at 3:48 am

Property ID A12021697
Price $1,985,000
Property Size 5856 Square Feet
Year Built 1958
Type Quadruplex
Property Status Residential Income

Additional details

ArchitecturalStyle Attached
BuildingAreaTotal 15000
BuildingAreaUnits Square Feet
BuildingName TATUMS COLORED TOWN ADDN T
ConstructionMaterials CBS Construction
ContractStatusChangeDate 2026-05-26
Cooling Electric, Wall/Window Unit(s)
DaysOnMarket 1
Directions Please use GPS
DocumentsAvailable Deposit Held, Copy Of Lease(S), Other Available Information, Rent Rolls
ExpirationDate 2027-05-15
Flooring Tile
Heating Electric
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 954-817-9381
ListingTerms All Cash, Conventional
LotFeatures 1/4 To Less Than 1/2 Acre Lot
LotSizeSquareFeet 0
MLSAreaMajor Tatums Colored Town Addn T
MajorChangeTimestamp May 27, 2026 at 02:09pm
MajorChangeType New
MlsStatus Active
ModificationTimestamp May 27, 2026 at 07:00pm
NumberOfUnitsInCommunity 1
NumberOfUnitsTotal 12
OnMarketDate 2026-05-26
OriginalEntryTimestamp May 27, 2026 at 02:09pm
OriginalListPrice 1985000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 10-78-13-052-0090
ParkingTotal 12
PhotosChangeTimestamp May 27, 2026 at 02:14pm
PhotosCount 20
Possession Funding
PostalCode 33030
PostalCodePlus4 7120
PriceChangeTimestamp May 19, 2026 at 02:45pm
PublicSurveyRange 78
PublicSurveySection 13
PublicSurveyTownship 78
RentIncludes Trash Collection
Roof Concrete
Sewer Public Sewer
ShowingContactType Agent
ShowingInstructions 24 Hour Notice, Appointment Only, Call Listing Agent
SourceSystemKey 483427302
StateOrProvince FL
StatusChangeTimestamp May 27, 2026 at 02:09pm
Stories 1
StoriesTotal 1
StreetDirPrefix SW
StreetName 4th Ave
StreetNumber 651
StreetNumberNumeric 651
StructureType Quadruplex, Fourplex
SyndicationRemarks Stabilized 12-unit multifamily opportunity in Homestead featuring updated 1BR/1BA units across three buildings on an approximately 15, 000 SF corner assemblage. Property offers strong in-place income with renovated interiors including quartz countertops, white shaker-style kitchens, tile flooring, and updated bathrooms. Separately metered electric, city water/sewer, and ample on-site parking support operational efficiency and long-term ownership. Well-positioned near major roadways, transit, shopping, and Historic Downtown Homestead. Excellent opportunity for investors seeking stabilized cash flow with continued growth potential in an expanding South Miami-Dade market.
TaxAnnualAmount 17635
TaxLegalDescription TATUMS COLORED TOWN ADD TO HMST PB 9-62 LOTS 4 TO 11 INC BLK 2 LOT SIZE IRREGULAR OR 12724-308 0884 1
TaxYear 2025
WaterSource Municipal Water
YearBuiltDetails Resale
Zoning 9400