See all 24 photos
$10,000,000
Est. payment /mo
15,168 SqFt
Active
854 N Krome Ave Homestead, FL 33030
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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

Listed by Keller Williams Capital Realty
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