15451 SW 288 Street, Homestead, FL 33033 (MLS# F1152879)

15451 SW 288 Street, Homestead, FL 33033

$6,200,000
Property Type: Commercial Sale Square Footage: 103,280 Lot Size (sq. ft.): 304,920 Status: Closed
Current Price: $6,200,000 List Date: 3/09/2012 Last Modified: 1/24/2026

Overview

Description

These 2 apartment communities represent 148 apartment units & 2 offices. The office in Homestead Gardens 1 is a leasing office and the 2nd office is presently leased to a tenant. The apartment buildings were both built in the 1970's and are located on al most seven (7) acres of land combined. Both communities have undergone major renovation including painting of the exterior. Most units have new air-conditioning, tile flooring & Cabinetry.

Listing Details MLS# F1152879

General Property Information

Number Of Buildings
12
Property Sub Type
Multi Family
Price Per Unit
46666
Occupant Type
Tenant
Building Area Main
103280
Year Built
1971
Parking Total
236
Lot Size Area
103280
Lot Size Acres
7
Stories Total
2

Property Features

Common Area Maintenance Includes: Interior Electric; Sewer; Telephone; Trash Collection; Water Documents Available: Financial Statement; Owner Managed; Rent Rolls Electric: 101-200 Amp Service Fencing: Fenced Flooring: Tile; Other Location of Property: City Location Parking Features: Accessible Parking; Free Possession: Negotiable Sale Includes: Land Source Of Expenses: Owner Provided Construction Materials: CBS Road Frontage Type: City Street Roof: Built-Up; Concrete Security Features: Fire Alarm; Smoke Detector(s) Structure Type: Warehouse Showing Requirements: Call Listing Office; Showing Service Acreage Description: 5 To Less Than 10 Acre Lot

Contract Information

Comp Sale YN
No
Listing Contract Date
2012-03-09
Original List Price
6199999

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
15451
Street Direction Prefix
SW
Street Name
288
Street Suffix
Street
City Name
Homestead
Municipal Code
30
State Or Province
FL
Postal Code
33033
Postal Code +4
1371
Area
2880
Parcel Number
30-79-04-000-0520
Zoning
38/MUL L
Directions
1ST PROPERTY- TURNPIKE TO 288TH STREET HEAD W TO THE PROPETY ON THE RIGHT. 2ND PROPERTY TAKE I95 TO EXIT 3B HEAD WEST TO THE PROPERTY ON THE RIGHT.
Property Description
APTS
Subdivision Number
0

Financial Information

Tax Annual Amount
114068
Tax Year
2011
Tax Assessed/SOH Value
3600000
Tax Legal Description
4 57 39 4.47 ACW1/2 OF SE1/4 OF SW1/4 OF NW1/4 LESS S50FT & N25FT LOT SIZE 194870 SQ FT OR 1

Status Change Information

Major Change Timestamp
2012-11-07T08:41:41Z
Major Change Type
Status Change
Price Change Timestamp
2012-03-06T08:41:41Z
Status Change Date
2012-11-13
Under Contract Date
2012-08-13
Close Date
2012-11-07
Close Price
6200000
Buyer Financing
Assumed

More Information

Building and Property Details

# Of Offices
2
# Of Tenants
142
# Of Toilets
155

Distance To Information

Miles to Expressway
3

Meter Information

Number Of Meters Total
150

Short Sale Details

Short Sale Addendum
No

Income and Expenses

Gross Income
1139600
Gross Scheduled Income
1134600
Inc/Exp Statement Period
2011
Insurance Expense
56280
Maintenance Expense
31200
Manager Expense
56730
Net Operating Income
670050
Operating Expense
469550
Other Expense
84864
Other Income
5000
Real Estate Taxes
114069
Service Expense
7800
Trash Expense
10803
Utilities Expense
104804
Vacancy Allowance Rate
5
Occupancy Percentage
100

Description of Unit Type 1

Unit Type
1 Bedroom
Units Total
79
Furnished
No
Annual Rent
0

Description of Unit Type 2

Unit Type
2 Bedroom
Units Total
35
Furnished
No
Annual Rent
0

Description of Unit Type 3

Unit Type
3 Bedroom
Units Total
29
Furnished
No
Annual Rent
0

Description of Unit Type 4

Unit Type
4 Bedroom Or More
Units Total
3
Furnished
No
Annual Rent
0

Description of Unit Type 5

Unit Type
4 Bedroom Or More
Units Total
2
Furnished
No
Annual Rent
0

Description of Unit Type 6

Unit Type
Shop(s)
Units Total
Yes
Furnished
No
Annual Rent
0

Concessions

Seller Concessions
Yes
Seller Concessions Amount
300000

Price Calculations

Current Price To SqFt
60.03
Original List Price To Close Price
Yes

Section Details

Parcel Number MLX
0520

Originating Details

Originating System Key
1610218
Originating System ID
M00000170

Currently Not Used

Number Of Units Total
150
Ownership Type
Corporation

Office/Member Information

DXORIGMLSID
FLL

Electric

101-200 Amp Service
Yes

Flooring

Tile
Yes
Other
Yes

Parking Features

Accessible Parking
Yes
Free
Yes

Documents Available

Financial Statement
Yes
Owner Managed
Yes
Photos
Yes
Rent Rolls
Yes

Fencing

Fenced
Yes

Structure Type

Warehouse
Yes

Location of Property

City Location
Yes

Possession

Negotiable
Yes

Common Area Maintenance Includes

Interior Electric
Yes
Sewer
Yes
Telephone
Yes
Trash Collection
Yes
Water
Yes

Sale Includes

Land
Yes

Construction Materials

CBS
Yes

Road Frontage Type

City Street
Yes

Roof

Built-Up
Yes
Concrete
Yes

Security Features

Fire Alarm
Yes
Smoke Detector(s)
Yes

Source Of Expenses

Owner Provided
Yes

Showing Requirements

Call Listing Office
Yes
Showing Service
Yes

Acreage Description

5 To Less Than 10 Acre Lot
Yes
Listing Office: Landrich Real Estate, Inc.
IDX
Last Updated: January - 24 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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