18 days on rocket

854 N Krome Ave, Homestead, FL, 33030

$9,000,000

0 Baths
16,728 SqFt
$538/SqFt
Multi
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeQuadruplex
Year Built1973
HeatingOther
CoolingOther
MLS #A11562813
StatusActive

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

Property Details

Property Features

Property Information:

  • Architectural Style: Fourplex
  • Year Built: 1973
  • Stories: 1
  • Living Area: 16,728 SqFt

Listing Office:

  • Office Name: Keller Williams Capital Realty
  • Office Phone: (305) 662-7325
  • Listing Agent: Ricky Kallabat

Interior Features

Interior Information:

  • Flooring Type: Other

Virtual/3D Tour

  • Virtual Tour: 854 N Krome Ave

Virtual Tour

Lot Features

Lot Information:

  • Lot: Other

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

School Info

Assigned Schools Information:

  • South Dade Senior High School, Public Magnet Grades 9-12
  • Homestead Middle School, Public Magnet Grades 6-8
  • West Homestead K-8 Center, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $9,000,000
  • Price Per SqFt: $538/SqFt

Tax Information:

  • Annual Amount: $33,148
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Homestead, FL.

Med. Sold Price

$449.9K

Med. Price/SqFt

$263

Avg. Days On Market

53

# of Sold Homes

160

854 N Krome Ave vs Homestead

18 DAYS ON ROCKET

-35 Days

$9,000,000

+$8.5M More

$538/SqFt

+$274 More

KEY TAKEAWAY

This property is $8.5M more than the Median Sold Price and $274/SqFt more than other homes in Homestead, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11562813

Listing Office:

  • Office Name: Keller Williams Capital Realty
  • Office Phone: (305) 662-7325
  • Listing Agent: Ricky Kallabat

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 6:25:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$33,148$1,500,000
2018$32,681$1,500,000
2017$33,092$1,500,000

History based on county public records data.

Payment Calculator

$44.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$27K

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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

school-card-donut-3280021
3
/10
  • West Homestead K-8 Center

  • 1550 SW 6th St

  • 1.53 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3280022
2
/10
  • Homestead Middle School

  • 650 NW 2nd Ave

  • 0.32 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-3280023
3
/10
  • South Dade Senior High School

  • 28401 SW 167th Ave

  • 1.90 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

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.

All data provided by Home Junction and Claritas

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Rocket HomesFloridaMiami-Dade CountyHomestead33030854 N Krome Ave

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.

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