Seller Finance Deal in Homestead, FL 33187

About this property

This 5+ unit multi-family property in Homestead offers 7 bedrooms and 4 bathrooms across 1,734 square feet on a large 77,000-square-foot lot, with a year built of 2015 and no HOA. The property consists of a triplex (built 2019) with 2-bed/1-bath units, a duplex (built 2012) with 2-bed/1-bath units, an efficiency at the rear, and an RV currently used as an apartment, with room to add 2 more RVs or build a ranch home. The owner occupies 1 unit and will vacate upon sale; total monthly income is $10.8k, with a projected monthly net of $16,100 after the owner leaves and 2 RVs are added, and an estimated average short-term rental income of $10,908 per month. The entry fee (100%) is $975,000 plus CC and TC, and the purchase price is $995,000.

Property snapshot

Deal details