1453 NW 2nd Ave, Homestead, FL 33034

Rare 8-Unit Opportunity! High-Income Potential in a Booming South Florida Market!

An unparalleled investment opportunity awaits at 1453 NW 2nd Ave, Homestead, FL 33034! This impressive 8-unit multifamily building, built in 1957, boasts an expansive 3,451 sqft of living space and is strategically priced at $329,000. This property is already generating significant income (reported $8,000 monthly in a previous listing) with the potential to increase rents to market levels, ensuring a high cap rate post-acquisition!

Located in a vibrant area experiencing significant new construction and revitalization, this property is poised for substantial value appreciation in the coming months and years. While the 33034 zip code is currently a “Buyer’s Housing Market” with 62.5% of homes selling below asking price and longer average sale times (110 days), this presents a unique advantage for savvy investors to acquire a large-scale income property at a competitive price. The median home sold price in 33034 was $415,000 in May 2025, significantly higher than this listing, indicating strong upside. Enjoy the benefits of a “Very Walkable” and “Very Bikeable” location, close to essential amenities, public transportation, and major roadways. Don’t miss this chance to own a substantial piece of the flourishing Homestead rental market!

Asking Price: $329,000