238 NW 9th Ave 4, Homestead, FL 33030
1,409 SF industrial condo in Homestead's industrial district.
- Added:
- Apr 24, 2026
- Days on Market:
- 55
- Last Refresh:
- Apr 24 at 3:51 pm
Property Features for 238 NW 9th Ave 4
General Information
- Standard status
- Active
- Size
- 1,409 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2005
Listing agent Jacqueline Lazo License #3112232 (786) 218-4602
Listing office CENTURY 21 Global Connections Realty (786) 218-4602
Listing date Apr 24, 2026
Source Elliman
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 CENTURY 21 Global Connections Realty
HighLights
- Reinforced concrete construction built to post‑Andrew Miami Dade standards.
- Prime Homestead location minutes from US‑1 and Florida Turnpike.
- Flexible business use with 6600 Commercial light manufacturing (LU4118) zoning.
- 12x14 roll‑up door for easy access.
- Located within an Opportunity Zone.
- 1,409 SF industrial condo with private office and restroom.
Overview
Local Financial Insights For Flex RnD
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 | $50.7k | $36.00 |
| − Vacancy | −$3.0k | −$2.16 |
| EGI | $47.7k | $33.84 |
| − OpEx | −$16.7k | −$11.84 |
| NOI | $31.0k | $22.00 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Homestead
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.491382
- Latitude
- 25.445128