Homestead, FL 33030,854 N Krome Ave
Homestead, FL 33030,854 N Krome Ave
Homestead, FL 33030,854 N Krome Ave
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$10,000,000
Est. payment /mo
15,168 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 15,168 sqft

Price per Sqft $659

MLS Listing ID A11916815

HOA Y/N No

Year Built 1973

Annual Tax Amount $48,370

Lot Size 0.887 Acres

Property Sub-Type Retail

Property Description

ATTENTION INVESTORS / CONTRACTORS! Value-add opportunity: a Triple Net Lease shopping center with an impressive 8.3% Cap rate BEFORE any value-add! All leases are triple net, perfect for 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

Location

State FL

County Miami-dade

Area 78

Interior

Flooring Other

Exterior

Roof Type Other

Total Parking Spaces 43

Private Pool Yes

Building

Story 1

Level or Stories One

Structure Type Block

Others

Tax ID 10-78-12-004-0060

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11916815


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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Keller Williams Capital Realty

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854 N Krome Ave