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Free Standing Building For Sale

312 SW 4 ST Homestead, FL 33030

312 SW 4 ST, Homestead, FL, 33030
$460,000
For Sale
Claim this Listing
$460,000

Free standing building with two units and separate electrical meters.

Property Size1,620 SF
Lot Size0.07 Acres
Price / SF$283.95
AddedMar 11
Days on Market126
Last RefreshJul 2 at 3:03 pm

Property Features for 312 SW 4 ST

General Information

Standard status
Active
Size
1,620 SF
Lot size
0.07 Acres
Property subtype
Commercial

Building Details

Year Built
1950

Listing office Related ISG Realty, LLC.

Listing date Mar 11, 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 Related ISG Realty, LLC.


Investment Insights

Based on property information with market context.

This free-standing building features two units, each measuring 810 square feet. The property includes separate electrical meters for each unit. The lot size is 3,225 square feet.

Key Highlights

  • Free‑standing building offering great flexibility.
  • Two separate units, ideal for various business ventures or leasing opportunities.
  • Each unit is 810 sq ft.

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 $42.8k $26.40
− Vacancy −$3.6k −$2.24
EGI $39.1k $24.16
− OpEx −$11.7k −$7.25
NOI $27.4k $16.91
1,620 SF · lease $26.40/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$391.3K
$342.4K – $456.6K (±1% cap)
NOI $27,393 @ 7.0% cap · market cap 5.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$821.9K
$719.2K – $958.9K (±1% cap)
NOI $57,533 @ 7.0% cap · market cap 12.51%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Jesus Is the Way ... Church

Suggested Use

Real Estate Agency Catering Service Pet Grooming Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store Restaurant (Bike/Boat/Book/etc) Store Butcher Accounting Firm Clothing & Fashion Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Anthea Floral Design — 229 S Krome Ave, Homestead, FL 33030
  • Designs by Darenda — 240 S Krome Ave, Homestead, FL 33030
  • Suhaag Garden Inc — 141 W Mowry Dr, Homestead, FL 33030

FAQs

What type of property is this?
Storefront property - Free standing building with two units and separate electrical meters.
Where is this storefront property located?
The property is located at 312 SW 4 ST Homestead, FL.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: Free‑standing building offering great flexibility.; Two separate units, ideal for various business ventures or leasing opportunities.; Each unit is 810 sq ft.
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