854 North Krome Avenue

Homestead, FL 33030

$9,000,000
Price
Beds
16,728 Sq. Ft.
$538 / Sq. Ft.
16,728
Sq. Ft.
$538
per Sq. Ft.

Description

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,...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
  1. Listed by Ricky Kallabat • Keller Williams Capital Realty
  2. Listed by Steven Yuskaitis • Keller Williams Eagle Realty

Property Details for 854 North Krome Avenue

Subdivision
KROME AVE ADDN
Style
Fourplex
Waterfront
No
Area
78
Auction
No
Total Units
24
Num Stories
1
Sq Ft Total
16728

Location

Listing Courtesy of Keller Williams Capital Realty; Keller Williams Eagle Realty
Add your commute
LISTING UPDATED: 04/18/2024 10:01 AM

Property Details for 854 North Krome Avenue

StatusActive
MLS #A11562813
Days on Market20
Taxes$41,713 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family Income / Fourplex
Year Built1973
Lot Size-
CountyMiami-Dade County

Location

Listing Courtesy of Keller Williams Capital Realty; Keller Williams Eagle Realty
Add your commute

Building Information for 854 North Krome Avenue

Stories-Residences24Year Built1973Building Size-Lot Size-

Payment Calculator

$52,593 per month

30 year fixed, 7.25% Interest

Principal and Interest

$49,117

Property Taxes

$3,476

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 854 North Krome Avenue

Location Information
Location Information
  • Parcel Number Free Text: 10-78-12-004-0060
  • Parcel Number MLX: 0060
  • MLS Area: 78
  • Municipal Code: 10
  • Township Range: 78
  • Section: 12
  • Subdivision Number: 4
  • Subdivision Complex Bldg: KROME AVE ADDN
  • Unit Count: 0
  • Zoning Information: 6300
General Information
Parking
  • Num Parking Spaces: 43
General Information
  • Property Type Information: Other
  • Lot Description: 3/4 To Less Than 1 Acre Lot, Other Lot Description
Additional Property Information
Utilities
  • Heating Description: Other
  • Cooling Description: Other
  • Sewer Description: Other Sewer
  • Separate Meter: Yes
  • Cable Available: Yes
Additional Property Information
  • Guest Accommodations: No
  • Rent Includes: Other Rent Incl
Financial Information
Financial Information
  • Type of Association: None
  • Flood Zone: X
  • Tax Year: 2023
  • Tax Information: Tax Reflects No Exemptions
  • Information Available: Investment Analysis, Copy Of Lease(S), Other Available Information

Property History for 854 North Krome Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 854 North Krome Avenue

Taxable ValueLand$1,545,440Additions$1,111,560Total$2,657,000
Tax Record2023$41,713 ($3,476 / month)
Home Facts
Total Finished SqFt5,178 SqFtAbove Grade Finished SqFt5,178 SqFtStories1Lot Size38,636 SqFtStyleStoresYear Built1973Year Renovated1983Zoning6300:COMMERCICountyMIAMI-DADEAPN10-7812-004-0060

Schools near 854 North Krome Avenue

This home is within Miami-Dade.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 8
Public - 6 to 8
Public - 6 to 12
Rating
School
Distance
West Homestead Elementary School
PublicPK to 8

Homestead Middle School
Public6 to 8

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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854 North Krome Avenue is a multi-family home for sale in Homestead, FL 33030. This property was listed for sale on April 11, 2024 by Keller Williams Capital Realty, it's currently listed at $9,000,000. It has been on the market for a total of 20 days and was last sold on July 1, 2016. This listing's school district is Miami-Dade. Nearby schools include Air Base K-8 Center for International Education, West Homestead Elementary School and Homestead Middle School. 854 North Krome Avenue is a 0-bed, 0-bath, 16,728 sqft multi-family home built in 1973.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Capital Realty; Keller Williams Eagle Realty

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.