About 854 N Krome Ave
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
Features of 854 N Krome Ave
| MLS® # | A11562813 |
|---|---|
| Price | $9,000,000 |
| Square Footage | 16,728 |
| Year Built | 1973 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Style | Fourplex |
| Status | Active |
Community Information
| Address | 854 N Krome Ave |
|---|---|
| Area | 78 |
| Subdivision | KROME AVE ADDN |
| City | Homestead |
| County | Miami-Dade County |
| State | FL |
| Zip Code | 33030-4407 |
Amenities
| Utilities | Cable Available |
|---|---|
| # of Parking Spaces | 43 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Flooring | Other |
|---|---|
| Heating | Other |
| Cooling | Other |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Exterior
| Roof | Other |
|---|---|
| Construction | Block |
| Lot Features | <1 Acre, Other |
| Sewer | Other |
Additional Information
| Date Listed | April 11th, 2024 |
|---|---|
| Days on Market | 36 |
| Zoning Description | 6300 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Rent Includes | Other |
| Year Built Details | Resale |
| Tax Annual Amount | $41,713 |
| Tax Year | 2023 |
| Buyer Agent Compensation | $40000 |
Listing Details
| Office | Keller Williams Capital Realty |
|---|