Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Renovated Medical Office in Homestead Title is generated by Realmo AI

    45 NW 4th St, Homestead, FL 33030

    View on Map
    Claim this Listing
    For Sale
    $1,950,000

    Office - Homestead, FL

    Type:Office
    Lot size:
    0.30 Acres
    Added:
    May 1, 2026
    Days on Market:
    12
    Last Refresh:
    May 12 at 6:06 pm

    Property Features for 45 NW 4th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Zoning
    6300
    Parking
    13
    Parking features
    On Street, Other
    Security features
    Security System
    Interior features
    Security System
    Exterior features
    Storm/Security Shutters
    Standard status
    Active
    APN
    10-78-13-013-0310
    Lot size
    0.30 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    10673

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2000
    Flooring type
    Tile
    Building materials
    Block
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    June Makis
    June Makis

    Listing agent June Makis License #3161894

    Listing office Royal Palm Real Estate Services LLC 1410 Regal Pointe Ln., Homestead, FL

    Listing date May 1, 2026

    MLS# A11862178 Listing URL

    Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime Homestead location ideal for medical practice.
    • Completely renovated in 2018.
    • Nine exam rooms and two private offices.
    • Thirteen parking spaces plus street parking.
    • Two reception areas and dedicated chart room.
    • Connected to municipal water and sewer.

    Overview

    This free-standing medical office is located in a prime Homestead location. Renovated in 2018, the building features 9 exam rooms, two private offices, two reception areas, a chart room, a patient waiting room, and two bathrooms. It also includes back access doors with a kitchenette area. The property provides 13 parking spaces, as well as street parking. It is connected to municipal water and sewer services. The property sits on a lot of 0.2984 acres. This is an exceptional opportunity for any medical professional looking to establish their practice in a highly desirable area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Country Medical Center: ... Physician Scheiher Medical Group Physician Country Medical Center Physician Linda C. Fagan, ... Physician Dr. Jorge L. ... Pediatrician

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Avocado Animal Hospital — 426 N Krome Ave, Homestead, FL 33030
    • Avocado Animal Hospital (New Location) — 426 n krome ave, homestead, fl 33030
    • Veterinary Specialists Inc — 91 NE 6th St, Homestead, FL 33030
    • Florida Veterinary Center — 600 English Ave A, Homestead, FL 33030
    • Veterinary Specialists Inc: Teresa Tucci, DVM DACVO — 91 NE 6th St, Homestead, FL 33030

    Location Insight

    • Map
    • Local Demand
    City
    Homestead
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.47867
    Latitude
    25.47374

    Nearby Similar for Sale

    • $1,849,999
      4,160 SF

      Automotive Repair Facility For Sale

      Established automotive repair business and real estate in Homestead, Florida.
      105 NE 1st Rd, Homestead, FL 33030
      View Details
    • $2,100,000
      6,212 SF

      Commercial Property in Homestead, Florida

      Freestanding 6,212 SF building on 15,000 SF lot.
      395 N Flagler Ave, Homestead, FL 33030
      View Details
    • $400,000

      Established Smoke Shop Business Opportunity

      Turnkey smoke shop in high-traffic Homestead location, ready for new owner.
      30318 Old Dixie Hwy, Homestead, FL 33033
      View Details
    • $9,700,000
      15,168 SF

      Homestead Retail Investment Opportunity

      Triple Net Lease shopping center in prime Homestead location.
      854 N Krome Ave, Homestead, FL 33030
      View Details
    • $350,000

      Established Smoke Shop Business Opportunity

      Turnkey smoke shop business for sale in Homestead, Florida.
      308 ne 8th st, Homestead, FL 33030
      View Details
    • $1,525,000

      Established Plant Nursery in Homestead

      5-acre plant nursery with business and rezoning potential.
      20750 SW 256 ST, Homestead, FL 33031
      View Details
    • $1,295,000

      Homestead Freestanding Professional Office Property

      Professional office property in the heart of Homestead, Florida.
      60 NE 16th St, Homestead, FL 33030
      View Details
    • $1,950,000

      Renovated Downtown Homestead Retail/Office Space

      Recently renovated retail/office space in downtown Homestead, CRA funds available.
      257 N Krome Ave, Homestead, FL 33030
      View Details
    • $172,900

      Established Japanese Restaurant in Homestead

      Long-standing Japanese restaurant with loyal clientele and growth potential.
      827 N Homestead Blvd, Homestead, FL 33030
      View Details
    • $9,700,000
      16,728 SF

      Homestead Shopping Center Investment Opportunity

      Value-add shopping center with high cap rate in Homestead, FL.
      854 N Krome Ave, Homestead, FL 33030
      View Details
    • $479,000

      Established Colombian Restaurant Opportunity

      Turnkey restaurant with loyal customer base in prime location.
      28830 S Dixie Hwy, Homestead, FL 33033
      View Details
    • $3,500,000
      7,640 SF

      Homestead Retail Building on Krome

      Commercial building on Krome Ave with B-1 zoning.
      505 N Krome Ave, Homestead, FL 33030
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Free-standing, renovated medical office in prime Homestead location.
    Where is this medical office space located?
    The property is located at 45 NW 4th St Homestead, FL.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: Prime Homestead location ideal for medical practice.; Completely renovated in 2018.; Nine exam rooms and two private offices.
    (305) 216-1211
    We can help!
    Listing Contact
    June Makis
    June Makis
    Real Estate License ID: 3161894
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    45 NW 4th St, Homestead, FL 33030
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!