854 NORTH KROME AVE, Homestead
$9,700,000 USD
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| Address | 854 NORTH KROME AVE, Homestead |
| Building Name | KROME AVE ADDN |
| Type of Property | Quadruplex |
| Property Style | Quadruplex |
| Price | $9,700,000 |
| Previous Price | $10,000,000 (55 days ago) |
| Property Status | Active |
| MLS Number | A11916839 |
| Living Area | 16728 |
| Year Built | 1973 |
| Folio Number | 10-78-12-004-0060 |
| Zoning Information | 6300 |
| Days on Market | 121 |
Detailed 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 and 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 sq.ft of building space and situated on almost 1 acre (over 38,636 sq.ft) 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 and maintenance! #goldmine
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Address Information
| State | Florida |
| City | Homestead |
| County | Miami-Dade County |
| Zip Code | 33030 |
| Address | 854 NORTH KROME AVE |
| Section | 12 |
| Zip Code (4 Digits) | 4407 |
Financial Information
| Price | $9,700,000 |
| Price per Foot | $0 |
| Previous Price | $10,000,000 |
| Folio Number | 10-78-12-004-0060 |
| Tax Amount | $48,370 |
| Tax Year | 2024 |
| Possession Information | Funding |
Full Descriptions
| Detailed 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 and 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 sq.ft of building space and situated on almost 1 acre (over 38,636 sq.ft) 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 and maintenance! #goldmine |
| Roof Description | Other |
| Floor Description | Other |
| Cooling Description | Other |
| Heating Description | Other |
| Sewer Description | Other |
Property parameters
| Living Area | 16728 |
| Zoning Information | 6300 |
| Year Built | 1973 |
| Type of Property | Quadruplex |
| Style | Quadruplex |
| Building Name | KROME AVE ADDN |
| Development Name | KROME AVE ADDN |
| Construction Type | Concrete Block Construction |
| Stories Number | 1.000 |
| Street Direction | North |
| Listed with | Keller Williams Capital Realty |