30081 SW 148TH AVE, HOMESTEAD, FL, 33033
$399,900
Residential
Bedrooms
10
Bathrooms
4
Living Area
1,569 Sqft
Lot Size
7,500 Sqft
INVESTOR SPECIAL in one of Homestead's fastest-growing neighborhoods! This is an outstanding opportunity for investors, flippers, or savvy buyers looking to capitalize on a highly versatile property with incredible upside. Currently configured into three separate living spaces and occupied by the owner and two tenants, this unique property offers multiple strategies—from a value-add renovation and resale to a long-term cash-flowing investment. Situated on a generously sized, fully fenced lot, the property offers excellent curb appeal with a spacious front lawn, mature landscaping, abundant parking, and a welcoming covered front porch. The oversized lot provides ample space for boats, trailers, work vehicles, or future improvements, making it as functional as it is versatile. The main residence features a practical floor plan with an eat-in kitchen, spacious bedrooms, multiple full bathrooms, and durable terrazzo flooring throughout much of the home. While cosmetic updates are recommended, the home's solid layout presents an outstanding opportunity to add value. A second living area includes its own kitchenette, multiple bedrooms, and a full bathroom, while the left wing of the property features a private studio-style suite with its own exterior entrance and full bathroom. Together, these spaces create exceptional flexibility for multi-generational living or maximizing rental income. The outdoor layout is equally impressive. The main residence enjoys its own private fenced backyard complete with a storage shed, while the second living area and studio share a separate fenced backyard, creating additional privacy for each living space. Whether you're looking to generate multiple income streams or accommodate extended family, the layout offers endless possibilities. Major improvements include a 5-year-old roof, 2-year-old A/C system, and plumbing and electrical reported to be in good working order. The seller currently occupies the studio-style wing, while the remaining two tenants are on verbal month-to-month leases paying $650 and $850 per month with no security deposits. The property is serviced by a single electric meter and a single water meter. The property does have unpermitted additions, open code violations, and liens, and is being sold strictly AS-IS. Buyer is responsible for verifying all permitting, zoning, code compliance, violations, liens, and intended use. No HOA and no rental restrictions provide tremendous flexibility for investors. Motivated seller. No assignable contracts. Opportunities with this much potential are becoming increasingly difficult to find in Homestead—don't miss your chance to unlock the value this unique property has to offer.
Property Details
Property Features Property Features
MLS ID: MFRTB8533956 Year Built: 1957
Appliances: Other Construction Materials: Block, Concrete
Cooling: Central Air Country: US
County Or Parish: Miami-Dade Direction Faces: West
Exterior Features: Other Flooring: Terrazzo, Tile
Foundation Details: Slab Furnished: Negotiable
Heating: Central, Electric Laundry Features: Other
Levels: One Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash, Conventional Occupant Type: Tenant
Property Sub Type: Single Family Residence Property Type: Residential
Road Surface Type: Asphalt, Concrete Roof: Shingle
Sewer: Public Sewer Showing Requirements: Call Listing Agent
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: Other
Water Source: Public
Rooms Rooms
Kitchen: Primary Bedroom:
Living Room:
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