395 N Flagler Ave, Homestead, FL 33030
Commercial property in Homestead with redevelopment potential.
- Added:
- Mar 11, 2026
- Days on Market:
- 119
- Last Refresh:
- Jul 2 at 1:12 pm
Property Features for 395 N Flagler Ave
General Information
- Standard status
- Active
- Size
- 6,212 SF
- Lot size
- 0.34 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1968
Listing office Avanti Way Realty (786) 229-0157
Listing date Mar 11, 2026
Source Elliman
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HighLights
- Drastically reduced price on commercial property.
- 6,212 SF freestanding building on a 15,000 SF lot.
- Zoned Commercial B‑3, suitable for storage, light manufacturing, or redevelopment.
- Located within Rapid Transit Development Overlay (RTDO) allowing up to 31 units per acre and four stories.
- High visibility on N Flagler Ave.
- Currently home to Triana Fence & Supply, a long‑established business.
Overview
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 | $164.0k | $26.40 |
| − Vacancy | −$13.9k | −$2.24 |
| EGI | $150.1k | $24.16 |
| − OpEx | −$45.0k | −$7.25 |
| NOI | $105.0k | $16.91 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Homestead
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.4798
- Latitude
- 25.4655