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 an

520 SOUTH WEST KROME TER, Homestead

$1,550,000 USD
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Address520 SOUTH WEST KROME TER, Homestead
Building NameTATUMS ADDITION NO 1
Type of PropertyQuadruplex
Property StyleQuadruplex
Price$1,550,000
Property StatusActive
MLS NumberA11909052
Living Area3907
Year Built1972
Parking Space Number4
Folio Number10-78-13-050-0360
Zoning Information9400
Days on Market146

Detailed 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)

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Address Information
StateFlorida
CityHomestead
CountyMiami-Dade County
Zip Code33030
Address520 SOUTH WEST KROME TER
Section13
Zip Code (4 Digits)7246
Financial Information
Price$1,550,000
Price per Foot$0
Folio Number10-78-13-050-0360
Tax Amount$9,162
Tax Year2024
Possession InformationFunding
Full Descriptions
Detailed DescriptionPrime 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)
Roof DescriptionShingle
Floor DescriptionTile
Cooling DescriptionCentral Air, Electric
Heating DescriptionCentral, Electric
Water DescriptionMunicipal Water
Sewer DescriptionPublic Sewer
Property parameters
Living Area3907
Zoning Information9400
Year Built1972
Type of PropertyQuadruplex
StyleQuadruplex
Building NameTATUMS ADDITION NO 1
Development NameTATUMS ADDITION NO 1
Construction TypeConcrete Block Construction
Stories Number2.000
Street DirectionSouth West
Parking Space Number4
Listed withCharleemax Realtors