854 N Krome Ave Homestead, FL 33030

FOR SALE - Active
$9,000,000

Overview

  • Status: Active
  • Bed(s) No info
  • Bath(s)
  • Half Bath(s) 0
  • Parking No info
  • Size: 15,168 ft2/1,409.15 m2
  • Price Per: $593.35 ft2/$6,386.82 m2
  • Type: Commercial/Investment
  • Built: 1973
  • HOA: No info
  • MLS Number: A11562790
  • View No info
  • On Site: 35 days
  • Updated: Listing Refreshed: 28 Days Ago

ATTENTION INVESTORS / CONTRACTORS! Value-add opportunity: a Triple Net Lease shopping center with an impressive 8.3% Cap rate BEFORE any value-add! All leases are triple net, perfect for 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

Price History

DateEventPriceChange RatePrice Per
04/11/2024Listed$9,000,000.00$593.35 ft2/$6,386.82 m2

Contact Information

Tracey Schmitt
Real Estate Advisor
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
Contact Advisor
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