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    941 Krome Ave Homestead, FL 33030

    For Sale
    $2,500,000

    Prime Commercial Property: 6,300 sq ft, 0.55 acres

    Property size:
    6,301 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional commercial property presents a unique investment opportunity in the thriving downtown Homestead area. Located at 941 N Krome Ave, this building boasts a substantial 6,301 square feet of climate-controlled space, ideal for a variety of business ventures. The property sits on a generous 0.55-acre lot, offering ample room for expansion, parking, or outdoor amenities. The versatile layout is well-suited for a single large tenant or multiple smaller businesses seeking office space, professional services locations, or a combination thereof. The building's size and location within the desirable downtown Homestead district make it an attractive prospect for businesses seeking high visibility and convenient access to local amenities and transportation routes. The property's Folio number is 10-7907-030-0301. This is a rare chance to acquire a significant commercial asset in a rapidly growing market. The asking price is $2,500,000. Serious inquiries are encouraged. This property offers a strong return on investment potential for discerning buyers. The expansive space and prime location combine to create a compelling opportunity for long-term growth and profitability. Don't miss this chance to secure a valuable piece of Homestead's commercial real estate landscape.

    Property Features for 941 Krome Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    6,301 SF
    Lot Size
    23,958 SF

    Building Details

    Year Built
    1952
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr. Madhavi Gunda ... Internist Homestead office Medical Clinic Mrs. Madhavi Chunduru Internist Eric Brano Occupational Therapist Clinica de Accidente ... Chiropractor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Homestead
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.47711
    Latitude
    25.4788

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Commercial Property: 6,300 sq ft, 0.55 acres
    Where is this office property / space located?
    The property is located at 941 Krome Ave Homestead, FL.
    What is the asking price?
    The asking price for this property is $2,500,000.
    (305) 247-7221
    Request Owner's contact information
    941 Krome Ave Homestead, FL 33030
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    Homestead, FL 33030
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    Realmo Value Estimation

    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.

    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.

    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
    941 Krome Ave Homestead, FL 33030
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