$799,000

Homestead is one of Miami-Dade’s fastest-growing rental submarkets — and this cash-flowing quadruplex sits at its center. One block from US-1, minutes from the Turnpike, Homestead Hospital, City Hall, and a corridor seeing consistent commercial investment, 725 SW 1st Ave delivers a 5.5% cap rate and nearly 9.5% gross yield — fully stabilized, zero vacancy, long-term tenants in place.

No value-add required: all 4 units feature brand-new mini-split A/C systems and impact-resistant windows. Two units have been fully remodeled. Freshly painted exterior.

With Homestead’s 5-year home values up over 54% and South Miami’s workforce population shifting south, rental demand here continues to outpace supply. The property benefits from exceptional parking — 4 dedicated front spaces plus a large rear lot for 8+ vehicles, RVs, or boats — a rare amenity that reduces tenant turnover.