Atlantic Luxury AdvisorsKeller Williams Realty Services

15 photos

Residence in Homestead

$385,000
5
3
2,349 sq ft
7,500 sq ft
1956
Single Family Residence
718
Active

Listing courtesy of Compass Realty Group. Contact: [email protected].

About this home

Unique development oportunity in the heart of Homestead. This property have a single unit of 3 bedrooms and two bath. The two story building is empty and in need of extensive repairs.It will require a lot of money in repairs. Te best thing will be to demolished. The land is zoning for residential and comercial property with a duplex and multifamily units. In addition, a commercial .bussiness and structure is allow on the premises as per Homestead city. A lot of potential for a visionary person. Actual units in the land are empty and in need of extensive repairs. Front building do not have roof and ceiling, best option will be to turndown and build a new structure. Sold As-is. Bring your prospects. Owner motivated. Some owner financing may be available with the right termns

What it costs to own
Estimated monthly payment
$2,719/mo
Principal and interest
$1,947
Property tax
$530
Homeowners insurance
$242
HOA(not in the listing)
$0

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$6,360/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.

HOA
Not stated in the listing; ask us

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.