Multi-Family $ 10,000,000

854 N Krome Ave

Homestead, FL 33030

  • 16,728 SqFt
  • 1973 Year Built
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 & 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
Listed by Keller Williams Capital Realty

VIRTUAL TOUR

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Quadruplex

    Listing Status Active

    Purchase Type For Sale

    Square Footage 16, 728 sqft

    Price per Sqft $597

    Subdivision Krome Ave Addn

    MLS Listing ID A11916839

    Style Fourplex

    HOA Y/N No

    Year Built 1973

    Annual Tax Amount $48,370

    Tax Year 2024

    Property Sub-Type Quadruplex

  • Location

    State FL

    County Miami-dade

    Community Krome Ave Addn

    Area 78

  • Building

    Lot Description <1 Acre

    Story 1

    Sewer Other

    Architectural Style Fourplex

    Level or Stories One

    Structure Type Block

  • Interior

    Heating Other

    Cooling Other

    Flooring Other

  • Exterior

    Pool None

    Utilities Available Cable Available

    Roof Type Other

    Private Pool No

  • Others

    Tax ID 10-78-12-004-0060

    Acceptable Financing Cash, 1031 Exchange

    Listing Terms Cash, 1031 Exchange

    Virtual Tour https://www.propertypanorama.com/instaview/mia/A11916839

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