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
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
3
/10
West Homestead K-8 Center
1550 SW 6th St
Distance between this listing and this school1.53 miles
Public District Grades PK-5
Middle School
2
/10
Homestead Middle School
650 NW 2nd Ave
Distance between this listing and this school0.32 miles
Public Magnet Grades 6-8
High School
3
/10
South Dade Senior High School
28401 SW 167th Ave
Distance between this listing and this school1.90 miles
Public Magnet Grades 9-12
Assigned Schools
3
/10
West Homestead K-8 Center
1550 SW 6th St
Distance between this listing and this school1.53 miles
Public District Grades PK-5
Nearby Schools
6
/10
Somerset Oaks Academy
47 NW 16th St
Distance between this listing and this school0.50 miles
Public Charter Grades KG-2
8
/10
Somerset Arts Academy
1700 N Krome Ave
Distance between this listing and this school0.54 miles
Public Charter Grades PK-5
Assigned Schools
2
/10
Homestead Middle School
650 NW 2nd Ave
Distance between this listing and this school0.32 miles
Public Magnet Grades 6-8
Nearby Schools
5
/10
Somerset Academy Charter Middle School South Homestead Campus
300 SE 1st Dr
Distance between this listing and this school0.77 miles
Public Charter Grades 6-8
4
/10
Everglades Preparatory Academy
2251 Mowry Dr
Distance between this listing and this school1.73 miles
Public Charter Grades 6-8
Assigned Schools
3
/10
South Dade Senior High School
28401 SW 167th Ave
Distance between this listing and this school1.90 miles
Public Magnet Grades 9-12
Nearby Schools
9
/10
Medical Academy For Science and Technology
1220 NW 1st Ave
Distance between this listing and this school0.27 miles
Public Magnet Grades 9-12
10
/10
School For Advanced Studies Homestead
500 College Ter
Distance between this listing and this school0.35 miles
The neighbors living near this home have an average income of $32,609. Residents of Homestead, FL typically earn less than $35k each year. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
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This home is located at 854 N Krome Ave in Homestead, FL and zip code 33030. This 16,728 square foot home was built in 1973. It has been listed on Rocket Homes since April 11, 2024 and is currently priced at $9,000,000.
In March 2024, from all listings sold in Homestead, FL there were more than 31 sold above asking price, over 87 sold below and more than 42 were sold right at the asked price. The inventory of homes for sale in Homestead, FL between February 2024 and March 2024 increased by 9.1%. The median list price of listings available in March 2024 was $449,993, while the average time on the real estate market was 53 days.
From Rocket Homes Real Estate and based on county public records data.