Fenced Truck-Scale Industrial
150 SW 14 Avenue Homestead, FL 33030
For Sale
$8,900,000
COMMERCIAL - FL
Property Size21,738 SF
Lot Size4.74 Acres
Price / SF$409.42
Days on Market50
Property Features for 150 SW 14 Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- OTH - Key Colony Other Zo
- Appliances
- No Appliances
- Standard status
- Active
- APN
- 1078140001032
- Lot size
- 4.74 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 14 57 38 4.74 Ac S1/2 Of Ne1/4 Of Ne1/4 Of Se1/4 Less E35ft Lot Size Irregular Or 19564-4131 0301 4
- Tax Annual Amount
- 29520
Building Details
- Year built
- 1969
- Building materials
- CBS, Concrete
Listing Agency:
Coldwell Banker Schmitt Key Largo
(305) 451-4422
Listed By:
Yvette Doherty · License #3281170
(786) 236-8158
Added: Jun 8
Changed: Jun 9
Last Checked: Jul 27 at 8:06AM
MLS# 620210
Copyright © 2026 Florida Keys Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 4.75-acre industrial property includes approximately 21,738 square feet of warehouse space on fully fenced land. The facility is constructed with durable twin-T concrete roofing and CBS block walls, and it features a commercial truck scale. Built to support operational requirements, the site is set up to accommodate a range of industrial uses such as warehousing, distribution, logistics, manufacturing, moving and storage, and fleet-based businesses. The property also provides outdoor space for equipment staging, vehicle parking, and container storage.
The site has approximately 328 feet of frontage on Redland Road (SW 187 Avenue) and extends approximately 632 feet in depth, offering practical room for both operations and yard needs. It is located within the Urban Development Boundary (UDB), supporting accessibility and operational flexibility.
For buyers and operators seeking an industrial property with yard capability, the combination of fenced perimeter, warehouse improvements, and truck-scale infrastructure can support day-to-day handling and throughput for logistics- and fleet-oriented tenants. The depth of the site also allows for outdoor storage and staging alongside the warehouse, which can help streamline workflows for distribution, storage, or moving and logistics businesses.
The site has approximately 328 feet of frontage on Redland Road (SW 187 Avenue) and extends approximately 632 feet in depth, offering practical room for both operations and yard needs. It is located within the Urban Development Boundary (UDB), supporting accessibility and operational flexibility.
For buyers and operators seeking an industrial property with yard capability, the combination of fenced perimeter, warehouse improvements, and truck-scale infrastructure can support day-to-day handling and throughput for logistics- and fleet-oriented tenants. The depth of the site also allows for outdoor storage and staging alongside the warehouse, which can help streamline workflows for distribution, storage, or moving and logistics businesses.
Key Highlights
- 4.75‑acre industrial property with approximately 21,738 SF warehouse space in Homestead, FL
- Fully fenced site with approximately 328 ft frontage on Redland Rd (SW 187 Ave) and approx. 632 ft depth
- Constructed in 1969 with CBS block walls and durable concrete roofing
Financial Insights For Warehouse
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 | $354.8k | $16.32 |
| − Vacancy | −$19.5k | −$0.90 |
| EGI | $335.3k | $15.42 |
| − OpEx | −$50.3k | −$2.31 |
| NOI | $285.0k | $13.11 |
21,738 SF · lease $16.32/SF/yr · vacancy 5.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$4.07M
$3.56M – $4.75M
NOI $284,964 @ 7.0% cap · market cap 3.20%
Second Best
Industrial
$3.35M
$2.93M – $3.91M
NOI $234,676 @ 7.0% cap · market cap 2.64%
Theoretical Best
Office A
$11.03M
$9.65M – $12.87M
NOI $772,002 @ 7.0% cap · market cap 8.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Distribution centers
Similar Off Market Nearby
- Self Storage — 715 W Mowry Dr, Homestead, FL 33030
- North American Moving Services — 32100 SW 187th Ave Suite A, Homestead, FL 33030
- Homestead Transfer and Storage — 32100 SW 187th Ave, Homestead, FL 33030
FAQs
What type of property is this?
Warehouse - A fenced industrial site with warehouse space, truck scale, and long Redland Road frontage for logistics and fleet operations.
Where is this warehouse located?
The property is located at 150 SW 14 Avenue Homestead, FL.
What is the asking price?
The asking price for this property is $8,900,000.
What are key features of this property?
This property features: 4.75‑acre industrial property with approximately 21,738 SF warehouse space in Homestead, FL; Fully fenced site with approximately 328 ft frontage on Redland Rd (SW 187 Ave) and approx. 632 ft depth; Constructed in 1969 with CBS block walls and durable concrete roofing
