Address
854 N Krome Ave, Homestead, FL
Price
$ 9,000,000
Property Attributes
- MLS#A11562813
- TypeIncome
- CountyMIAMI-DADE
- CityHomestead
- Area78
- NeighborhoodKROME AVE ADDN
- Zip33030
- StyleFourplex
- Year Built1973
- Taxes$ 41713
- Price$ 9,000,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage16728
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description
ATTENTION INVESTORS / CONTRACTORS! 24 units, value-add opportunity: a Triple Net Lease shopping center with an impressive 8.3% 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
| Price History | |
|---|---|
| 4/11/2024 | Listed $9,000,000 |
General Features
| Sewer | Other |
|---|---|
| Heating | Other |
| Cooling | Other |
| Utilities | CableAvailable |
| Possession | ClosingFunding,CloseOfEscrow |
| Roof | Other |
| Architectural Style | Fourplex |
| Pool Features | None |
| Construction Materials | Block |
| Year Built | 1973 |
| Stories | 1 |
| Levels | One |
| Property SubType | Quadruplex |
| Tax Year | 2023 |
| County | Miami-Dade County |
| New Construction | No |
| Property Type | ResidentialIncome |
| HOA / Comm Assn | No |
| Attached Garage | No |
| Subdivision Name | KROME AVE ADDN |
| Garage Y/N | No |
| Rent Includes | Other |
| Status | Active |
| City | Homestead |
| Buyer Agent Compensation | $40000 |
| View Y/N | No |
| Senior Community Y/N | No |
| Zoning Description | 6300 |
| MLS Area | 78 |
| Private Pool | No |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | Krome Ave |
| Listing Terms | Cash,Item1031Exchange |
| Property Attached Y/N | No |
| Year Built Details | Resale |
| Land Lease Y/N | No |
| Tax Annual Amount | 41713.0 |
| Home Warranty Y/N | No |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Virtual Tour | https://www.propertypanorama.com/instaview/mia/A11562813 |
| Days on Market | 7 |
| Standard Status | Active |
| Occupancy Description | CallAgent |
| Property Sub Type Additional | Quadruplex |
| MobileHomeRemainsYN | No |
| PostalCity | Homestead |
| Legal Description | KROME AVE ADD PB 6-174 LOTS 9-10 & LOT 1 BLK 4 ROYAL PALM ADD PB 2-67 LOT SIZE 148.600 X 260 OR 15678-0847 1092 3 COC 25089-1970 11 2006 1 |
Interior Features
| Flooring | Other |
|---|---|
| Basement (Y/N) | No |
| Air Conditioning Y/N | No |
| Heating Y/N | No |
| Fireplace Y/N | No |
| Electric On Property Y/N | No |
Exterior Features
| Lot Features | Item1Acre,Other |
|---|---|
| Total Parking | 43.0 |
| Spa | No |
| Building Area Total | 16728.0 |
| Lot Size Units | SquareFeet |
| Covered Spaces | 0.0 |
| Crops Included Y/N | No |
| Open Parking Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Income Average in 33030
Price
Taxes
Visits
Year Built
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Data Last Updated: May 8, 2024 1:21 AM UTC
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