854 N KROME AVE
HOMESTEAD, FL 33030

$9,000,000

0 Beds

0 Baths

16,728 Sq Ft

Status Active

MLS# A11562813

ATTENTION INVESTORS / CONTRACTORS! 24 units, value-add opportunity: a Triple Net Lease shopping center with an impressive 8.3% 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

Details for 854 N KROME AVE

$538 / Sq Ft

43 parking spaces

Other

50 Days on website

Interior

Flooring

Other

Living Area

16,728 SqFt.

Building And Construction

Property Sub Type

Multi Family

Property Type

Residential Income

Year Built

1973

Exterior And Lot

Lot Features

<1 Acre, Other

Lot Size Units

Square Feet

Parking Total

Pool Features

["None"]

Utilities

Cooling

["Other"]

Heating

Other

Area And Schools

City

Homestead

County Or Parish

Miami-Dade County

Subdivision Name

KROME AVE ADDN

Financial Info

Buyer Agency Compensation^*

$40000

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Tax Annual Amount

$41,713

Tax Year

2023

Details for 854 N KROME AVE

Interior

Building And Construction

Exterior And Lot

Utilities

Area And Schools

Financial Info

Area Information for 854 N KROME AVE