854 N Krome Ave, Homestead FL 33030

For sale Days on market 66

KROME AVE ADDN [ Quadruplex ]

$9,700,000

$580/sq ft

$300,000
Price Decreased

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Overview

Year Built

1973

Sqft

16728

Property Type

Quadruplex

Property Description

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

Property Details

MLS#

A11916839

Total Floor in Bldg

Building

KROME AVE ADDN

Address

854 Krome Ave N

City

Homestead

State/county

Zip/Postal Code

33030

Area

Krome Ave Addn

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$48,370

Maint Fee

$--

Tax Year

2024

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