520 SW Krome Terrace, Homestead, FL 33030 (MLS# A11909052)

520 SW Krome Terrace, Homestead, FL 33030

$1,475,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11909052

Property Type: Residential Income Square Footage: 3,907 Status: Active

Current Price: $1,475,000 List Date: 11/05/2025 Last Modified: 7/09/2026

Overview

Description

Prime Investment Property with Development Potential!Excellent opportunity to own a fourplex located just off Krome Avenue near US-1 and minutes from downtown Homestead. Each of the four units features 2 bedrooms and 1 bath, offering steady rental income and strong tenant demand in a high-growth area. The property includes a 40-year recertification valid through June 27, 2032, ensuring compliance and peace of mind. With its large lot and future development potential, this property is ideal for investors seeking immediate cash flow with long-term upside. Listing includes 4plex with 2 neighboring lots. (Folio# 10-7813-050-0370) (Folio# 10-7813-050-0381)

Listing Details MLS# A11909052

General Property Information

Number Of Units Total: 4
Property Sub Type: Quadruplex
Building Area Main: 3907
Living Area Main: 3907
Adjusted Area Main: 3244
Year Built: 1972
Parking Total: 4
Stories Total: 2
Pool Private YN: No

Property Features

Documents Available: Copy Of Lease(s); Existing Survey; Financial Statement; Rent Rolls Electric: Circuit Breakers Flooring: Tile Property Condition: Resale Structure Type: Multi Family Construction Materials: Block Cooling: Central Air Heating: Central; Electric; Separate Meters Listing Terms: Cash; Conventional Possession: Negotiable Roof: Shingle Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions Utilities: Cable Available Water Source: Public Showing Requirements: Call Listing Agent Unit 1 Appliances: Range; Refrigerator Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 1 Parking Features: Parking Space Unit 2 Appliances: Range; Refrigerator Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 2 Parking Features: Parking Space Unit 3 Appliances: Range; Refrigerator Unit 3 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 3 Parking Features: Parking Space Unit 4 Appliances: Range; Refrigerator Unit 4 Other Equipment: Air Conditioning Unit Unit 4 Parking Features: Parking Space

Contract Information

Comp Sale YN: No
Original List Price: 1550000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 520
Street Direction Prefix: SW
Street Name: Krome
Street Suffix: Terrace
City Name: Homestead
Municipal Code: 10
State Or Province: FL
Postal Code: 33030
Postal Code +4: 7246
Postal Zip: 33030
Subdivision Name: TATUMS ADDITION NO 1
Area: 2780
Elementary School: Laura C. Saunders
Middle Or Junior School: Homestead
High School: South Dade
Parcel Number: 1078130500360
Subdivision Number: 50
Zoning: 9400
Flood Zone: X

Financial Information

Tax Annual Amount: 9162
Tax Year: 2024
Tax Legal Description: TATUMS ADD NO 1 PB 1-128 LOT 55 LOT SIZE 50.000 X 145 COC 25485-0842 02 2007 1

Status Change Information

Major Change Timestamp: 2026-05-05T22:12:45Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-05-05T22:12:45Z
Status Change Date: 2025-11-05

More Information

Meter Information

Separate Electric Meters YN: Yes

Income and Expenses

Gross Income: 7650

Unit 1 Details

Actual Rent: 1850
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished

Unit 1 Lease Description

Occupant Type: Vacant

Unit 2 Details

Actual Rent: 2000
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished

Unit 2 Lease Description

Currently Leased YN: Yes

Unit 3 Details

Actual Rent: 1800
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished

Unit 3 Lease Description

Currently Leased YN: Yes

Unit 4 Details

Actual Rent: 2000
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished

Unit 4 Lease Description

Currently Leased YN: Yes

Section Details

Parcel Number MLX: 0360

Originating Details

Originating System Key: 422813968
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Electric

Circuit Breakers: Yes

Flooring

Tile: Yes

Property Condition

Resale: Yes

Documents Available

Copy Of Lease(s): Yes
Existing Survey: Yes
Financial Statement: Yes
Rent Rolls: Yes

Structure Type

Multi Family: Yes

Possession

Negotiable: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes

Heating

Central: Yes
Electric: Yes
Separate Meters: Yes

Construction Materials

Block: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Roof

Shingle: Yes

Water Source

Public: Yes

Cooling

Central Air: Yes
Electric: Yes

Showing Requirements

Call Listing Agent: Yes

Tax Information

Tax Reflects No Exemptions: Yes

Unit 1 Appliances

Range: Yes
Refrigerator: Yes

Unit 1 Other Equipment

Air Conditioning Unit: Yes
Smoke Detector(s): Yes

Unit 1 Parking Features

Parking Space: Yes

Unit 2 Appliances

Range: Yes
Refrigerator: Yes

Unit 2 Other Equipment

Air Conditioning Unit: Yes
Smoke Detector(s): Yes

Unit 2 Parking Features

Parking Space: Yes

Unit 3 Appliances

Range: Yes
Refrigerator: Yes

Unit 3 Other Equipment

Air Conditioning Unit: Yes
Smoke Detector(s): Yes

Unit 3 Parking Features

Parking Space: Yes

Unit 4 Appliances

Range: Yes
Refrigerator: Yes

Unit 4 Other Equipment

Air Conditioning Unit: Yes

Unit 4 Parking Features

Parking Space: Yes

Documents

520_Southwest_Krome_Terrace_Income_Expen ›

Listing Office: Charleemax Realtors

Last Updated: July - 09 - 2026

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