Resort Style Pool
For Sale
$595,000
Pending
36401 SW 214th Ave, Homestead, FL 33034
Three-building resort property with a resort-style pool, tiki bar, and 10 parking spaces, built in 2006.
Property Size3,288 SF
Days on Market2784
Property Features for 36401 SW 214th Ave
General Information
Standard status
Pending
Size
3,288 SF
Property subtype
Business Opportunities
Amenities
tike bar
resort style pool
3
10 Parking Spaces.
Building Details
Year Built
2006
Buildings
3
Listing Agency:
Realty World M Realty Group
(786) 201-1876
Listed By:
Ruben Perez
(786) 201-1876
Source:
Xome
Added: Dec 17, 2018
Changed: Jul 30
Last Checked: Jul 30 at 9:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty World M Realty Group
Investment Insights
Based on property information with market context.
This resort property sits on an over 2-acre lot and includes three buildings, along with a huge tiki bar and a resort-style pool. Built in 2006, the setup is described as suitable for short-term rental business use or hosting private events.
The property is located near the gateway to the Florida Keys and Everglades National Park, supporting its appeal for visitors and event hosting.
On-site parking is available with 10 spaces, helping accommodate guests for day-to-day use or gatherings.
The property is located near the gateway to the Florida Keys and Everglades National Park, supporting its appeal for visitors and event hosting.
On-site parking is available with 10 spaces, helping accommodate guests for day-to-day use or gatherings.
Key Highlights
- Over 2‑acre lot with three buildings
- Resort‑style pool
- Huge tiki bar
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $96.3k | $29.28 |
| − Vacancy | −$4.3k | −$1.32 |
| EGI | $91.9k | $27.96 |
| − OpEx | −$41.4k | −$12.58 |
| NOI | $50.6k | $15.38 |
3,288 SF · lease $29.28/SF/yr · vacancy 4.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$722.4K
$632.1K – $842.8K
NOI $50,567 @ 7.0% cap · market cap 8.50%
Second Best
Hotel Hospitality
$424.1K
$371.1K – $494.8K
NOI $29,687 @ 7.0% cap · market cap 4.99%
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M
NOI $116,770 @ 7.0% cap · market cap 19.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
20
Businesses Nearby
Explore this area
Business Placement
Demographics for 33034, FL
22,850
Population
6,631
Households
3.4
Avg Household Size
34
Median Age
9%
College-Educated
65%
High-School Grad
1,173.1 sq mi
ZIP Area
19
Density / Sq Mi
$46,404
Median Household Income
$31,712
Median Earnings
$1,283
Median Rent
$310,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Resort - Three-building resort property with a resort-style pool, tiki bar, and 10 parking spaces, built in 2006.
Where is this resort located?
The property is located at 36401 SW 214th Ave Homestead, FL.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Over 2‑acre lot with three buildings; Resort‑style pool; Huge tiki bar
