525 Southwest 1st Avenue, Homestead, FL 33030 Property Information
525 Southwest 1st Avenue, Homestead, FL 33030 Property Information
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Address
| Primary address | 525 Southwest 1st Avenue, Homestead |
| Zip code | 33030 |
| County | Miami-Dade |
| Municipality | Homestead |
| Neighborhood | Freads |
| Parcel ID | 1078130500390 |
Sales & Tax Overview for 525 Southwest 1st Avenue, Homestead
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 05/09/2025 |
| Sale price | $350,000 |
| Property tax | $31,210 |
Lot & Building Information for 525 Southwest 1st Avenue, Homestead
| Building sqft | 9,628 |
| Building class | Multifamily 10 Units Plus: Multifamily 3 or More Units (0303) |
| Acreage | 0.333 |
| Year built | 1973 |
| Stories | 2 |
Zoning, Use & Area Overview
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Other Property Data for 525 Southwest 1st Avenue, Homestead
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About 525 Southwest 1st Avenue, Homestead
525 Southwest 1st Avenue, Homestead, FL 33030 was built in 1973 and has a total of 9,628 square feet.
What is the assessed value of 525 Southwest 1st Avenue, Homestead, FL 33030 and the property tax paid?Assessed at $1,490,000, the tax amount paid for 525 Southwest 1st Avenue, Homestead, FL 33030 is $31,210.
When was 525 Southwest 1st Avenue, Homestead, FL 33030 last sold and what was the last sale price?525 Southwest 1st Avenue, Homestead, FL 33030 was last sold in 01/20/2026 for $10.
How many residential units does this building have?This building has 12 residential unit(s). There are 1 active listings at this address.
Ownership Information
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Spaces for Sale in 525 Southwest 1st Avenue, Homestead
| Listing type | For Sale |
|---|---|
| Listing date | 08/05/2025 |
| Last updated | 04/16/2026 |
| Lot size | 0.3242 Acre |
AAThe property is conveniently located near US1 and the Florida Turnpike, two of Miami-Dade Countyâs main north/south arteries. It is also located minutes away from Downtown Homestead which is enjoying large amounts of investments that include a new Police Station, City Hall, the reopening of the historic Seminole Theatre and the 65,000 SF Homestead Station that which includes a movie theatre, bowling alley, large arcade, multiple dinning and retail options. This expansion will continue to bring new amenities and create new employment opportunities in the immediate area not to mention the thousands of new construction home brought to South Dade in the last several years. The immediate area surrounding the property is also seeing a slew of development including single family homes, duplexes and large multifamily properties. 525 SW 1st Avenue is also located steps away from the Miami-Dade County Busway that has been implementing the Bus Rapid Transit System connecting South Dade to the Metro Rail and beyond. It is also located near the bus pickup for Miami Dade's buses that transport a significant number of employees from South Dade to the Florida Keys. 525 SW 1st Avenue is in an IRS Designated Opportunity Zone. These were created in the Tax Cuts and Jobs Act. The designated properties allow for preferential tax treatment to help spur investment in lower income communities.525 SW 1st Avenue is a 12-unit building located in Homestead, FL. The property is made up of 12 expansive 802 SF 1 bedroom 1 bathroom apartments with walk in closets, full size kitchens formal dining and living areas. The units all feature central air conditioning along with impact windows and doors. These spacious units provide an owner with long term tenants and excellent average rent of $1,560. The property ais up to date with the 40-year recertification through the City of Homestead . This asset allows an investor to step in to an asset that is producing excellent cashflow along with some rental upside through more section 8 tenants and other potential strategies.
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Past Sales & Property History for 525 Southwest 1st Avenue, Homestead
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*Here are the three most recent sales for this property.
Title Documents for 525 Southwest 1st Avenue, Homestead
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R: Recorded date
D: Document date
Property Taxes for 525 Southwest 1st Avenue, Homestead
Access detailed property tax data for 525 Southwest 1st Avenue, Homestead, FL 33030. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Property tax | $31,210 |
| Market value | $1,490,000 |
| Assessed value | $1,490,000 |
Assessment History for 525 Southwest 1st Avenue, Homestead
Here's the assessment & property tax history for 525 Southwest 1st Avenue, Homestead, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessment value | Total tax rate | Property tax | Year over year change |
|---|---|---|---|---|---|
| 2024 | $1,420,000 | $1,420,000 | 20.9961 | $29,814 | +64.27% |
| 2023 | $1,210,000 | $693,000 | 21.192 | $18,149 | +34.93% |
| 2022 | $630,000 | $630,000 | 21.3515 | $13,451 | +2.70% |
| 2021 | $595,000 | $595,000 | 22.0138 | $13,098 | -0.39% |
| 2020 | $595,000 | $595,000 | 22.0988 | $13,149 | +5.87% |
Homestead residential market stats
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Demographics By Zip Code
| Total population | 35,957 |
| Median age | 30 |
| Average household income | $61,097 |
| Family households | 75.9% |
| Occupied housing units | 10,704 |
| Owner occupied units | 40.2% |
| Average number of people per household | 3 |
| Median year structure built | 1978 |
| Median value for units with a mortgage | $389,500 |
| Median value for units without a mortgage | $367,400 |
Risk
Create a free account to unlock extended information for 525 Southwest 1st Avenue, Homestead, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).
| FEMA flood zone(s) | 0.2 (See more on map) |
Transportation
Access the detailed traffic volume map for 525 Southwest 1st Avenue, Homestead to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
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Neighbors for 525 Southwest 1st Avenue, Homestead
Here are the neighbors for 525 Southwest 1st Avenue, Homestead.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 712 SW Krome Ter, Homestead | 1,125 | ||
| 535 SW 1st Ave, Homestead | 1,600 | 06/08/2015 | $160,000 |
| 647 SW 1st Ave, Homestead | 5,752 | 12/31/2015 | $10 |
| 711 SW 1st Ave, Homestead | 3,362 | 03/05/2024 | $650,000 |
| 725 SW 1st Ave, Homestead | 2,128 | 06/06/2024 | $0 |
| 528 SW Krome Ter, Homestead | 1,729 | 02/05/2015 | $10 |
| 536 SW Krome Ter, Homestead | 12/30/2005 | $10,000 | |
| 57 SW 8th St, Homestead | 1,800 | 01/27/2014 | $137,000 |
| 520 SW Krome Ter, Homestead | 3,907 | 03/18/2025 | $925,000 |
| 603 SW 1st Ave, Homestead | 10/13/2017 | $300,000 | |
| 90 SW 6th St, Homestead | 2,176 | 10/13/2017 | $300,000 |
| 604 SW Krome Ter, Homestead | 1,240 | 04/24/2023 | $10 |
| 623 SW 1st Ave, Homestead | 3,450 | 09/27/2012 | $235,000 |
| 683 SW 1st Ave, Homestead | 4,000 | ||
| 59 SW 8th St, Homestead | 2,250 | 07/17/2024 | $350,000 |
| 544 SW Krome Ter, Homestead | 11/27/2024 | $10 | |
| 636 SW Krome Ter, Homestead | 1,118 | 07/01/2008 | $27,000 |
| 91 SW 5th St, Homestead | 03/24/2023 | $10 | |
| 98 SW 5th St, Homestead | 07/29/2024 | ||
| 628 SW Krome Ter, Homestead | 1,195 | 11/21/2022 | $10 |