LE Jardin
$1,600,000
1148 SE 2nd St, Homestead, FL 33034
103,718
NOI
1,615 sqft
Building Size
Details:
Highlights:
- Lot Features: Less Than 1/4 Acre Lot
- Documents Available: Deposit - Security
- Architectural Style: Attached
- Cooling: Central Air
- Heating: Central
- Flooring: Carpet, Tile
- Construction Materials: CBS Construction
Description:
Rare four-unit townhome portfolio in Florida City, Florida — the southernmost municipality in Miami-Dade County. This package offering consists of four separate townhome units on individual folios (parcels), sold together as a single commercial investment deal. The units are not attached to each other and are fully leased, well-maintained, and deliver immediate, stabilized cash flow.With 100% occupancy, a proven rent roll, and a current cap rate of 6.48%, this asset is primed to deliver strong risk-adjusted returns from day one.Strategically positioned near the Florida Turnpike and US-1, the properties benefit from robust workforce housing demand driven by proximity to Homestead employment corridors, Everglades National Park, and the Florida Keys. With rental growth momentum throughout South Florida's most affordable submarkets, this portfolio of detached townhomes represents a compelling acquisition opportunity for value-add and income investors alike.
Location
Gallery
