±1.2 acres of prime commercial real estate situated at the highly visible corner of Krome Avenue and Flagler, directly across from the new Homestead Station and just two blocks from the new City Hall.
The offering includes four (4) parcels (Folios: 10-7918-008-0010, 10-7918-008-0030, 10-7918-008-0060, and 10-7918-008-0070) and features an existing shopping center, a detached medical office building, and additional vacant land for future development.
The property is currently zoned highly desirable B-3. The existing structures have been renovated and brought up to code, including installation of new roofs.
Current in-place income totals $20,786 per month with 10 tenants all on one year lease expiring Dec 31st 2026.
The City will permit construction of a new building up to six (6) stories in height, providing significant upside and long-term redevelopment potential.
- State:
- FL
- County:
- Miami-Dade
- City:
- Homestead
- Zipcode:
- 33030
- Street:
- 131 S Flagler Ave, Homestead, Florida 33030
- Longitude:
- W81° 31' 22.3''
- Latitude:
- N25° 28' 4.6''
- Building Area:
- 17,908 Sqft
- Cumulative DOM:
- 24
- DOM:
- 9
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Parcel Number:
- 10-79-18-008-0010
- Structure Type:
- Office, Retail
- Virtual Tour:
- Click Here
Commercial Sale For Sale
131 S Flagler Ave, Homestead, Florida 33030, Homestead, Florida 33030
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $4,000,000
- Year Built :
- 1926
- Lot Area :
- 49,875 Sqft
- MLS # :
- A11975741
- Property Sub Type :
- Retail
