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    Homestead Commercial Property For Sale Title is generated by Realmo AI

    395 N Flagler Ave, Homestead, FL 33030

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    For Sale
    $2,100,000

    Commercial property in Homestead with redevelopment potential.

    Type:Commercial
    Property size:
    6,212 SF
    Lot size:
    0.34 Acres
    Price / SF:
    $338/SF
    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

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    Julio Guzman
    Julio Guzman

    Listing office Avanti Way Realty

    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 Avanti Way Realty

    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

    This commercial property is located in Homestead and includes a 6,212 square foot freestanding building situated on a 15,000 square foot lot. The property is currently occupied by Triana Fence & Supply, a fence manufacturer and supplier. It is zoned Commercial B-3, which allows for uses such as a storage yard or light manufacturing. The property is located within the Rapid Transit Development Overlay (RTDO), which permits up to 31 units per acre and a maximum of four stories. The property has high visibility on N Flagler Ave and is located in a growing market.

    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
    6,212 SF · lease $26.40/SF/yr · vacancy 8.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.50M
    $1.31M – $1.75M (±1% cap)
    NOI $105,040 @ 7.0% cap · market cap 5.00%
    Second Best
    Industrial
    $958.0K
    $838.3K – $1.12M (±1% cap)
    NOI $67,063 @ 7.0% cap · market cap 3.19%
    Theoretical Best
    Office A
    $3.15M
    $2.76M – $3.68M (±1% cap)
    NOI $220,613 @ 7.0% cap · market cap 10.51%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triana Fence Supply Building Supply Hardy Power Washers ... Landscaping

    Suggested Use

    Bar & Pub Electrical Service Restaurant Coworking & Hybrid Office Pet Grooming Service Arcade & Gaming Center Carpet & Flooring Store Farmer's Market (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Homestead
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.4798
    Latitude
    25.4655

    FAQs

    What type of property is this?
    Manufacturing property - Commercial property in Homestead with redevelopment potential.
    Where is this manufacturing property located?
    The property is located at 395 N Flagler Ave Homestead, FL.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: 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.
    More about this property
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