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Homestead, FL 33030

Sponsored
For Sale
$700,000

Prime Automotive/Marine Location, High Demand

Property size:
2,632 SF

Description

Added:
Feb 3, 2025
Days on Market:
345
This exceptional 2,632 square foot industrial property in Homestead, Florida, presents a lucrative investment opportunity or owner-user scenario. Located directly on Mowry Drive, this commercial space is ideally suited for automotive or marine businesses. The property includes a month-to-month tenant with a 15+ year history, providing immediate income potential. The current rental income is below market value, offering significant upside for increased profitability. High demand for auto body shops and dealerships in this area further enhances the property's value. Included in the sale is an adjacent 7,102 square foot lot (Folio: 10-7813-024-1870), perfect for storage or expansion. The main property is located at 1 NW 7 Avenue, Homestead, FL 33033. This 0.2-acre lot offers a strategic location just one mile from downtown Homestead. The existing tenant's month-to-month lease provides flexibility for future plans, whether continuing the current arrangement or implementing a new strategy. The property's strong location and high demand for this type of space make it an attractive investment with significant potential for rental income growth. The sale price is $700,000. A second folio number is associated with the property.

Property Features for

General Information

Property type
Industrial properties
Square Feet
2,632 SF
Lot Size
8,712 SF

Building Details

Year Built
1975

Property Profile Location Intelligence

Current Use by Public Records

Industrial properties

Map

City
Homestead
County
Miami-Dade
State
Florida
Longitude
-80.47124
Latitude
25.46998

FAQs

What type of property is this?
Industrial property - Prime Automotive/Marine Location, High Demand
Where is this industrial property located?
The property is located at Homestead, FL.
What is the asking price?
The asking price for this property is $700,000.
More about this property
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