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854 N Krome Ave, Homestead FL 33030,Homestead,Miami-Dade County,Commercial Sale

  • $9,000,000
Commercial Sale Active
854 N Krome Ave, Homestead FL 33030
Commercial Sale Active
854 N Krome Ave, Homestead FL 33030
  • $9,000,000

Overview

  • Retail
  • Property Type
  • 1973
  • Year Built

Description

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

Details

Updated on April 18, 2024 at 5:54 pm
  • Price: $9,000,000
  • Year Built: 1973
  • Property Type: Retail
  • Property Status: Commercial Sale

Additional details

  • StreetDirPrefix: N
  • PublicSurveyRange: 78
  • CoListAgentDirectPhone: 508-776-0608
  • ListAgentKey: fd1734e6b4f384e4d5abe53430b54f31
  • TaxLegalDescription: KROME AVE ADD PB 6-174 LOTS 9-10 & LOT 1 BLK 4 ROYAL PALM ADD PB 2-67 LOT SIZE 148.600 X 260 OR 15678-0847 1092 3 COC 25089-1970 11 2006 1
  • OnMarketDate: 2024-04-11
  • ListAgentEmail: richardk@kw.com
  • ContractStatusChangeDate: 2024-04-11
  • MajorChangeTimestamp: 2024-04-11T17:28:08.110Z
  • Flooring: Other
  • PhotosCount: 21
  • SubAgencyCompensation: 0
  • StatusChangeTimestamp: 2024-04-11T17:28:08.110Z
  • CoListOfficeName: Keller Williams Eagle Realty
  • PriceChangeTimestamp: 2024-04-03T19:12:51.217Z
  • ListingKeyNumeric: 394048262
  • MajorChangeType: New
  • ListingContractDate: 2024-04-11
  • CoListOfficeKey: 6d64900bedd24bde37e3cbbbd32790fb
  • ListAOR: A-Miami Association of REALTORS
  • TaxAnnualAmount: 41713
  • ListOfficeName: Keller Williams Capital Realty
  • CurrentUse: Retail
  • OriginatingSystemKey: miamire
  • BusinessType: Retail Space, Shopping Center
  • DualVariableCompensationYN: no
  • PhotosChangeTimestamp: 2024-04-11T17:33:25.108Z
  • OriginatingSystemName: Miami Association of REALTORS®
  • ListOfficePhone: 305-662-7325
  • MlsStatus: Active
  • StreetNumber: 854
  • CoListOfficeMlsId: KWER01
  • ListingKey: 8e6734506386ed5e5b27e76d4688de4e
  • StateOrProvince: FL
  • CoListAgentEmail: stevenyuskaitis@kw.com
  • ListOfficeKey: 958b5df7b06b6158d995deab0da40c6d
  • BridgeModificationTimestamp: 2024-04-11T17:33:25.330Z
  • ListAgentFullName: Ricky Kallabat
  • Roof: Other
  • ParkingTotal: 43
  • ListAgentOfficePhone: 305-662-7325
  • Stories: 1
  • ParcelNumber: 10-78-12-004-0060
  • OperatingExpense: 42000
  • OtherExpense: 0
  • CoListAgentOfficePhone: 305-757-1700
  • IDXParticipationYN: yes
  • InternetAddressDisplayYN: yes
  • ListAgentMlsId: 3254287
  • StoriesTotal: 1
  • ModificationTimestamp: 2024-04-11T17:28:08.110Z
  • OriginatingSystemID: miamire
  • DaysOnMarket: 0
  • BuyerAgencyCompensationType: $
  • ListOfficeMlsId: KWCG01
  • ListAgentDirectPhone: 305-747-5117
  • CoListAgentFullName: Steven Yuskaitis
  • CoListAgentKey: 76699f6b7bcea2caf76a6612d9a67614
  • StreetNumberNumeric: 854
  • CoListAgentStateLicense: 3553161
  • ParkingFeatures: Assigned
  • PostalCodePlus4: 4407
  • NumberOfUnitsInCommunity: 0
  • SyndicationRemarks: 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
  • ListAgentStateLicense: 3254287
  • CoListAgentMlsId: 3553161
  • PublicSurveyTownship: 78
  • ListOfficeFax: 305-667-8879
  • ListingAgreement: Exclusive Right To Sell
  • PublicSurveySection: 12
  • ListingId: A11562790
  • SpecialListingConditions: Sale
  • NumberOfBuildings: 2
  • OriginalListPrice: 9000000
  • BuildingAreaUnits: Square Feet
  • InternetEntireListingDisplayYN: yes
  • BuyerAgencyCompensation: $40000
  • InternetAutomatedValuationDisplayYN: no
  • OriginalEntryTimestamp: 2024-04-11T17:28:08.110Z
  • SourceSystemKey: 394048262
  • DocumentsAvailable: Aerial Photo(S)
  • LotSizeSquareFeet: 38636
  • Electric: Other Electric
  • InternetConsumerCommentYN: no
  • CoListOfficePhone: 305-757-1700
  • BuildingAreaTotal: 15168

Address

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  • Address Krome Ave
  • City Homestead
  • State/county Miami-Dade County
  • Zip/Postal Code 33030

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