Property Description

ATTENTION INVESTORS / CONTRACTORS! 24 units, value-add opportunity: a Triple Net Lease shopping center with an impressive 9% Cap rate BEFORE any value-add! Perfect for owners & landlords. Krome Ave has become the vibrant commercial retail hub of Homestead, prime location bordering Florida City, offering lucrative prospects for discerning investors. Spanning an expansive 15,168 SFT of building space and situated on almost 1 acre (over 38,636 SFT) of land, its strategic positioning sets it apart, promising substantial returns for years to come. ALWAYS fully occupied, B-1 zoning allows for a diverse tenant mix. Rental rates currently below market value, endless opportunities! DO NOT DISTURB TENANTS! Financials are in the pics. Tenants pay taxes, insurance & maintenance!! #goldmine

Features
Swimming Pool
Heating System
Cooling System
Architectural Style
Roof:
Other
Sewer
Address Map
State:
FL
County:
Miami-Dade
City:
Homestead
Zipcode:
33030
Street:
854 N Krome Ave, Homestead, Florida 33030
Longitude:
W81° 31' 18.8''
Latitude:
N25° 28' 42.2''
MLS Addon
Building Area:
16,728 Sqft
Construction Materials:
Block
Cumulative DOM:
66
DOM:
72
Flooring:
Other
Internet Address Display:
1
Internet Listing Display:
1
Listing Terms:
Cash,1031 Exchange
Lot Features
Parcel Number:
10-78-12-004-0060
Subdivision Name:
KROME AVE ADDN
Tax Annual Amount:
$48,370
Tax Year:
2024
Utilities
Virtual Tour:
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Residential Income For Sale

854 N Krome Ave, Homestead, Florida 33030, Homestead, Florida 33030

16,728 Sqft
$9,700,000
MLS # #A11916839
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Price :
$9,700,000
Square Footage :
16,728 Sqft
Year Built :
1973
MLS # :
A11916839
Property Sub Type :
Quadruplex
Agent info
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