29319-29363 SW 152nd Ave Homestead, FL
Multi-tenant retail strip center with strong income potential.
Property Features for 29319-29363 SW 152nd Ave
General Information
- Standard status
- Active
- Size
- 18,691 SF
- Lot size
- 1.61 Acres
- Property subtype
- RETAIL
Properties For Sale
at 29319-29363 SW 152nd Ave Contact usListing office Lee & Associates | Miami (305) 490-6526
Listing date Jul 3, 2025
Source Moodyscre
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 Lee & Associates | Miami
Investment Insights
Based on property information with market context.
Key Highlights
- Only retail center in Leisure City
- 6.6% cap rate supported by stable income
- High visibility along SW 152nd Avenue
Local Financial Insights For Retail
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 | $493.4k | $26.40 |
| − Vacancy | −$41.9k | −$2.24 |
| EGI | $451.5k | $24.16 |
| − OpEx | −$135.4k | −$7.25 |
| NOI | $316.0k | $16.91 |
