520 SW Krome Ter

$1,550,000
Price
Beds
Baths
3,907 Sq. Ft.
$397 / Sq. Ft.
3,907
Sq. Ft.
$397
per Sq. Ft.

Description

Prime Investment Property with Development Potential! Excellent opportunity to own a fourplex located just off Krome Avenue near US-1 and minutes from downtown Homestead. Each of the four units features 2 bedrooms and 1 bath, offering steady rental income and strong tenant demand in a high-growth area. The property includes a 40-year recertification valid through June 27, 2032, ensuring compliance and peace of mind. With its large lot and future development potential, this property is ideal for investors...Prime Investment Property with Development Potential! Excellent opportunity to own a fourplex located just off Krome Avenue near US-1 and minutes from downtown Homestead. Each of the four units features 2 bedrooms and 1 bath, offering steady rental income and strong tenant demand in a high-growth area. The property includes a 40-year recertification valid through June 27, 2032, ensuring compliance and peace of mind. With its large lot and future development potential, this property is ideal for investors seeking immediate cash flow with long-term upside. Listing includes 4plex with 2 neighboring lots. (Folio# 10-7813-050-0370) (Folio# 10-7813-050-0381)

Property Details for 520 Southwest Krome Terrace

Subdivision
TATUMS ADDITION NO 1
Style
Fourplex
Waterfront
No
Area
78
Num Stories
2
Sq Ft Total
3907
Sq Ft Liv Area
3907.0
AdjustedAreaSF
3244.0
LISTING UPDATED: 11/05/2025 11:00 PM

Property Details for 520 Southwest Krome Terrace

StatusActive
MLS #A11909052
Days on Market39
Taxes$9,162 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family Income / Fourplex
Year Built1972
Lot Size-
CountyMiami-Dade County

Location

Listing Courtesy of Charleemax Realtors
Add your commute

Building Information for 520 Southwest Krome Terrace

Stories-Residences-Year Built1972Building Size-Lot Size-

Payment Calculator

$8,423 per month

30 year fixed, 6.28% Interest

Principal and Interest

$7,659

Property Taxes

$764

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 520 Southwest Krome Terrace

Location Information
Location Information
  • Parcel Number Free Text: 10-78-13-050-0360
  • Parcel Number MLX: 0360
  • MLS Area: 78
  • Municipal Code: 10
  • Township Range: 78
  • Section: 13
  • Subdivision Number: 50
  • Subdivision Complex Bldg: TATUMS ADDITION NO 1
  • Unit Count: 4
  • Zoning Information: 9400
General Information
Parking
  • Num Parking Spaces: 4
General Information
  • Property Type Information: Stairs
  • Lot Description: Less Than 1/4 Acre Lot
Additional Property Information
Utilities
  • Heating Description: Central Heat, Electric Heat
  • Cooling Description: Central Cooling, Electric Cooling
  • Water Description: Municipal Water
  • Sewer Description: Municipal Sewer
  • Separate Meter: Yes
  • Cable Available: Yes
Additional Property Information
  • Guest Accommodations: No
  • Rent Includes: Lawn Care
Financial Information
Financial Information
  • Type of Association: None
  • Flood Zone: X
  • Tax Year: 2024
  • Tax Information: Tax Reflects No Exemptions
  • Special Information: As Is
  • Information Available: Financial Statement, Copy Of Lease(S), Rent Rolls, Existing Survey

Property History for 520 Southwest Krome Terrace

DateEvent & SourcePriceAppreciation
Nov 5, 2025

Listed (Active)

MiamiRE #A11909052

$1,550,000
Mar 17, 2025

Sold (Public Record)

Public Record #1554077431

$925,000

+18.6% / yr

Mar 17, 2025

Sold

MiamiRE #A11705276

$925,000
Feb 17, 2025

Pending

MiamiRE #A11705276

Feb 17, 2025

Backup Contract

MiamiRE #A11705276

Feb 3, 2025

Price Change

MiamiRE #A11705276

$969,999
Dec 13, 2024

Price Change

MiamiRE #A11705276

$999,000
Dec 13, 2024

Listed (Active)

MiamiRE #A11705276

$950,000
Sep 4, 2012

Sold

MiamiRE #A1641278

$108,500
Aug 30, 2012

Sold (Public Record)

Public Record #337951307

$108,500

-17.4% / yr

Jul 9, 2012

Pending

MiamiRE #A1641278

May 15, 2012

Listed (Active)

MiamiRE #A1641278

$104,500
May 9, 2011

Expired

MiamiRE #M1471795

Feb 9, 2011

Listed (Active)

MiamiRE #M1471795

$79,900
Feb 26, 2007

Sold (Public Record)

Public Record #216580198

$310,000

+13.4% / yr

Feb 26, 2007

Sold

MiamiRE #D1128490

$310,000
Feb 22, 2007

Pending

MiamiRE #D1128490

Jul 13, 2006

Listed (Active)

MiamiRE #D1128490

$319,900
Jul 8, 2002

Sold (Public Record)

Public Record #96610778

$173,000

+11.5% / yr

Mar 14, 2001

Sold (Public Record)

Public Record #70541916

$149,900
DateEvent & SourcePrice
11/05/2025

Listed (Active)

MiamiRE #A11909052

$1,550,000
03/17/2025

Sold (Public Record)

Public Record #1554077431

$925,000

+18.6% / yr

03/17/2025

Sold

MiamiRE #A11705276

$925,000
02/17/2025

Pending

MiamiRE #A11705276

02/17/2025

Backup Contract

MiamiRE #A11705276

02/03/2025

Price Change

MiamiRE #A11705276

$969,999
12/13/2024

Price Change

MiamiRE #A11705276

$999,000
12/13/2024

Listed (Active)

MiamiRE #A11705276

$950,000
09/04/2012

Sold

MiamiRE #A1641278

$108,500
08/30/2012

Sold (Public Record)

Public Record #337951307

$108,500

-17.4% / yr

07/09/2012

Pending

MiamiRE #A1641278

05/15/2012

Listed (Active)

MiamiRE #A1641278

$104,500
05/09/2011

Expired

MiamiRE #M1471795

02/09/2011

Listed (Active)

MiamiRE #M1471795

$79,900
02/26/2007

Sold (Public Record)

Public Record #216580198

$310,000

+13.4% / yr

02/26/2007

Sold

MiamiRE #D1128490

$310,000
02/22/2007

Pending

MiamiRE #D1128490

07/13/2006

Listed (Active)

MiamiRE #D1128490

$319,900
07/08/2002

Sold (Public Record)

Public Record #96610778

$173,000

+11.5% / yr

03/14/2001

Sold (Public Record)

Public Record #70541916

$149,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 520 Southwest Krome Terrace

Taxable ValueLand$145,000Additions$415,857Total$560,857
Tax Record2024$9,162 ($763 / month)
Home Facts
Total Finished SqFt3,907 SqFtAbove Grade Finished SqFt3,907 SqFtStories2Lot Size7,250 SqFtStyleMulti-Family Dwelling (2-4)Year Built1972Year Renovated1977ZoningPLANNED AREACountyMIAMI-DADEAPN10-7813-050-0360

Schools near 520 Southwest Krome Terrace

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Laura C. Saunders Elementary School
PublicPK to 5

Homestead Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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520 Southwest Krome Terrace is a multi-family home for sale in Homestead, FL 33030. This property was listed for sale on November 5, 2025 by Charleemax Realtors, it's currently listed at $1,550,000. It has been on the market for a total of 39 days and was last sold on March 17, 2025. This listing's school district is Miami-Dade County Public Schools. Nearby schools include Laura C. Saunders Elementary School, Air Base K-8 Center for International Education and Homestead Middle School. 520 Southwest Krome Terrace is a 0-bed, 0-bath, 3,907 sqft multi-family home built in 1972.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Charleemax Realtors

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.