HOMESTEAD · Residential Income
29929 SW 159, Homestead FL 33033
$7,000,000
01 — THE RESIDENCE
The details make
the difference.
A considered introduction to this property, using the information provided with its MLS listing.
We are pleased to offer a portfolio of eight multifamily buildings totaling 31 units Homestad- Florida City area, in South Miami-Dade. The buildings are low-rise walk-up properties (one- and two-story) with a unit mix weighted toward 2-bedroom/1-bath apartments. The portfolio is currently 67. 7% occupied (21 rented, 10 vacant), and the units are in need of improvement. BLDG 1 & BLDG 8 are two-story buildings with 4 units each.
In our assessment, with additional work each could be converted into an 8-unit building, doubling the unit count in each building (from 8 units to 16 across the two) and bringing the portfolio from 31 to 39 units
03 — PROPERTY PROFILE
Residence at a glance.
05 — LOCATION
Find your place
in Homestead.
29929 SW 159, Homestead FL 33033
The map uses coordinates supplied with the MLS record. Pin positions may be approximate; verify exact access and location with your advisor.
THE WOLSEN EXPERIENCE
Every extraordinary address
begins with a conversation.
Discover more about this property through a personal, considered conversation.