Assisted Living Property with
28802 SW 150th Ave, Homestead, FL 33033
For Sale
New
Contact for pricing
Furnished and equipped for a six-resident group home, the property includes a separate structure used as an administrative office.
Property Size5,788 SF
Price / SF$1.38
Days on Market5
Property Features for 28802 SW 150th Ave
General Information
Standard status
Size
Property subtype
Additional Details
Business Included
Amenities
0.13287 acres, In Residential Area
Tile Roof
Parcel Number: 30-79-04-017-0170, Public Survey Range: 79, Public Survey Section: 4, Public Survey Township: 79, Annual Amount: $7,845, Legal Description: BISCAYNE PATIO HOMES PB 134-49 LOT 1 BLK 2 LOT SIZE 5788 SQ FT OR 15988-2316 0793 1 COC 21497-4800 07 2003 1, Zoning: 0100
Tile
Listing ID: A12118134, Standard Status: Active, MLS Status: Active, Property Subtype: Special Purpose, On market as of 2026-11-05, Special Conditions: Lease
3 total parking spaces, Additional Spaces Available, Free Parking
Built in 1993, Living area: 5788, Living area units: Square Feet, Construction Materials: Concrete Block Construction
County/Parish: Miami-Dade County
Leasable area: 5788, Leasable area units: Square Feet
Water Source: Public
Negotiable, Rental Agreement
Electricity, Outside Insurance, Lawn Care, Interior Maintenance, Real Estate Tax, Water
Energy Efficiency: Doors, HVAC, Windows
Smoke Alarm, Smoke Detector(s), Fire Sprinkler System, Security Fence
Building Details
Year Built
Buildings
Listing Agency:
Lifestyle International Realty
(305) 809-8085
Listed By:
Clyfford Philippe · License #3496968
(786) 758-1932
Source:
Riserealty
Added: Nov 5
Changed: Nov 8
Last Checked: Nov 8 at 5:17AM
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 Lifestyle International Realty
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Investment Insights
Based on property information with market context.
The 1,408-square-foot property is furnished and equipped for a six-resident group home operation. A separate structure currently serves as an administrative office, providing space distinct from the resident setup. The building dates to 1993.
Assisted living use is a possibility, subject to verification and applicable regulatory approvals. Any required operating license must also be verified.
Assisted living use is a possibility, subject to verification and applicable regulatory approvals. Any required operating license must also be verified.
Key Highlights
- Furnished and equipped for a six‑resident group home operation
- Separate structure currently used as an administrative office
- 1,408 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,016
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,780,320
$1.8M
Cap Rate 7%
$1,271,657
$1.3M
Cap Rate 9%
$989,067
$989.1K
Market Conditions
NOI Build-Up for 5,788 SF
Gross rent
$169.5K $29.28/SF
− Vacancy
−$7.6K −$1.32/SF
EGI
$161.8K $27.96/SF
− OpEx
−$72.8K −$12.58/SF
NOI
$89.0K $15.38/SF
Area
Miami-Dade County, FL
Vacancy
4.50%
Lease Rate
$29.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,780,320
Cap Rate 7%
$1,271,657
Cap Rate 9%
$989,067
Alternative Uses
Best Use
Apartment 5plus
$1.27M
$1.11M – $1.48M
NOI $89,016 @ 7.0% cap · market cap 1,112.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.94M
$2.57M – $3.43M
NOI $205,555 @ 7.0% cap · market cap 2,569.44%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
478
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33033, FL
66,871
Population
21,426
Households
3.1
Avg Household Size
34
Median Age
23%
College-Educated
79%
High-School Grad
22.3 sq mi
ZIP Area
2,999
Density / Sq Mi
$66,662
Median Household Income
$37,018
Median Earnings
$1,648
Median Rent
$364,700
Median Home Value
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Similar Off Market Nearby
- Los Abuelltos Felices Adult — 28951 S Dixie Hwy, Homestead, FL 33033
- Happy Life ALF INC — 14785 Coolidge Ln, Homestead, FL 33033
- Biscayne Senior Housing — 28655 SW 153rd Ave, Homestead, FL 33033
- Gloria's Group Home, Inc. — 14255 SW 287th St, Homestead, FL 33033
Frequently Asked Questions
What type of property is this?
Assisted living facility - Furnished and equipped for a six-resident group home, the property includes a separate structure used as an administrative office.
Where is this assisted living facility located?
The property is located at 28802 SW 150th Ave Homestead, FL.
What are key features of this property?
This property features: Furnished and equipped for a six‑resident group home operation; Separate structure currently used as an administrative office; 1,408 square feet
