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634 NW 7th St
Florida City, FL 33034 Outer Homestead/South Dade

$680,000 USD

Apartments Condo For Sale  •  1,241 SF

Property Details

  • Property Type Apartments
  • Total Building Size 2,241 SF
  • Lot Size 0.14 AC
  • Building Class B
  • Year Built 2025
  • Cap Rate 9.00 %
  • Zoning 0500
30 Transit Score
50 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 1-2 Retail 1,241 SF $680,000 USD
  • Unit Size: 1,241 SF
  • Condo Use: Retail
  • Price: $680,000 USD
  • Sale Type: Investment
  • Price/SF: $547.95 USD
Description
Duplex Multifamily

Sale Notes
634 NW 7th Street presents an opportunity to acquire an income-producing multifamily asset in Florida City, one of South Miami-Dade County's active residential growth corridors. Public marketing materials indicate the property is fully occupied and generating current cash flow, offering investors immediate income potential upon acquisition.

The property benefits from a location near major transportation routes serving South Miami-Dade County, including access to the Florida Turnpike and regional connections throughout Homestead, Florida City, Miami-Dade County, and the Florida Keys. The surrounding area has experienced ongoing residential development activity, supporting long-term demand fundamentals and continued investment interest throughout the market area.?

Florida City serves as the southern gateway to Miami-Dade County and provides access to major employment centers, retail services, tourism destinations, and regional transportation infrastructure. The property's position within an established residential area places it near daily-needs retail, local services, schools, and employment opportunities that support tenant demand. Investors seeking an asset with existing occupancy, current income, and exposure to one of South Florida's evolving residential markets may find this offering attractive for both near-term cash flow and longer-term appreciation potential.?

Description

Incredible turnkey multifamily investment opportunity located at 634 SW 7th St, Homestead, FL. This property is fully rented, generating immediate, stable cash flow from day one with zero deferred maintenance. Situated in a prime location, the asset sits directly in the epicenter of major institutional builder investments, ensuring rapid neighborhood appreciation and massive built-in value-add potential.

Highlights

Located within South Miami-Dade County's Florida City submarket near major transportation corridors.
Positioned near ongoing residential and community development activity in the surrounding area.
Located near neighborhood retail, services, and employment destinations that support residential demand.
Cap Rate: 9.00 %

Amenities

  • 24 Hour Access
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Miami International 46 min - 32.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 2
Type: Surface
Included in Rent: Yes
Wellington Oliveira 786-287-3094 Kaza International Realty
Wellington Oliveira 786-287-3094 Kaza International Realty