Homestead, FL 33030 854 N Krome Ave

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Presented By: This listing is courtesy of Keller Williams Capital Realty;
  • MLS# A11562790
  • 04/11/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • SQFT • 15,168

Home Details

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
Presented By: This listing is courtesy of Keller Williams Capital Realty;

Interior Features for 854 N Krome Ave

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
FlooringOther
Heating Y/NNo

General for 854 N Krome Ave

Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityHomestead
Construction MaterialsBlock
CountyMiami-Dade County
Days on Market7
ElectricOther
Garage Y/NNo
HOA / Comm AssnNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionKROME 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
LevelsOne
Lot Size Square Feet38636.0
Lot Size UnitsSquareFeet
MLS Area78
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeCallAgent
Operating Expense42000.0
PostalCityHomestead
Private PoolNo
Property Attached Y/NNo
Property SubTypeRetail
Property TypeCommercialSale
Rent Control Y/NNo
RoofOther
Senior Community Y/NNo
Standard StatusActive
StatusActive
Stories1
Structure TypeRetail
Tax Annual Amount41713.0
View Y/NNo
Virtual TourClick here
Waterfront Y/NNo
Year Built1973
Zoning Description6300

Exterior for 854 N Krome Ave

Building Area Total15168.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Area38636.0
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesAssigned
SpaNo
Total Parking43.0

Additional Details

Price History

Worth Clark

Price $9,000,000
MLS#A11562790
List Date 04/11/2024
Property Type Commercial
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