651 SW 4th Ave, Homestead, FL, 33030
About This Home
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.
Getting Around
Somewhat Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 1958
Materials
- Roof: Concrete
- Construction materials: CBS Construction
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex
Interior
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
Features
- Flooring: Tile
Heating & Cooling
- Heating features: Electric
- Cooling features: Electric,Wall/Window Unit(s)
Interior Area
- Total structure area: 15,000
- Total interior livable area: 5,856 sqft
Property
Details
- Parcel number: 1078130520090
- Zoning: 9400
Features
- Stories: 1
Lot
- Features: 1/4 To Less Than 1/2 Acre Lot
Parking
- Total spaces: 12
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Cold Wave
- Heat Wave
- Inland Flooding
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Miami-Dade County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $10,037 | $120,444 |
| Home Insurance * | $1,535 | $18,420 |
| Property Taxes | $1,339 | $16,068 |
| Electricity | $589 | $7,072 |
| Total | $13,500 | $162,000 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-27 | Listed for sale | $1,985,000 |
| 2024-06-29 | Listing removed | $3,000,000 |
| 2024-05-29 | Listed for sale | $3,000,000 |
| 2020-05-19 | Sold | $474,400 |
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