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    188 Krome Ave Miami, FL 33187

    For Sale
    $2,495,000

    5 Acres, High-Traffic Krome Ave.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 5-acre (4.27 net/5.15 gross) property, located at 188th Street on SW Krome Avenue in Unincorporated Dade County, Florida (zip code 33187), presents a unique investment opportunity. Boasting 330 feet of well-lit frontage on Krome Avenue (also known as 177th Avenue), a major thoroughfare with high traffic volume, this site is ideally suited for agricultural sales or agritourism ventures. The area is renowned for its agricultural businesses and event venues. The property benefits from easy Krome Avenue access and is situated in a Flood Zone X area, eliminating flood insurance requirements. The land itself features desirable rockland soil, and all infrastructure is conveniently located in a single area for maximum usability. Existing improvements include an air-conditioned office with a kitchen and bathroom, dog kennels, ample storage space, perimeter fencing, and an irrigation system. The property is serviced by septic and wells, resulting in no water or city taxes. This unique Miami-Dade County offering can be sold with or without existing inventory. The asking price is $2,495,000.

    Property Features for 188 Krome Ave

    General Information

    Property type
    Specialty properties

    HighLights

    • 5‑acre (4.27 net/5.15 gross) parcel in Unincorporated Dade County, FL (33187), located on SW Krome Avenue (177th Avenue).
    • 330 feet of frontage on high‑traffic Krome Avenue, ideal for agricultural sales or agritourism.
    • Flood Zone X location, eliminating flood insurance needs.
    • Existing improvements include an air‑conditioned office with kitchen and bath, dog kennels, storage, perimeter fencing, and irrigation.
    • Serviced by septic and wells; no water or city taxes. Asking price: $2,495,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Hair Salon Auto Parts Store Hotel & Motel Food Market Furniture Store Pet Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.4784429
    Latitude
    25.6012549

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    FAQs

    What type of property is this?
    Specialty property - 5 Acres, High-Traffic Krome Ave.
    Where is this specialty property located?
    The property is located at 188 Krome Ave Miami, FL.
    What is the asking price?
    The asking price for this property is $2,495,000.
    What are key features of this property?
    This property features: 5-acre (4.27 net/5.15 gross) parcel in Unincorporated Dade County, FL (33187), located on SW Krome Avenue (177th Avenue).; 330 feet of frontage on high-traffic Krome Avenue, ideal for agricultural sales or agritourism.; Flood Zone X location, eliminating flood insurance needs.
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    188 Krome Ave Miami, FL 33187
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    Miami, FL 33187
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    188 Krome Ave Miami, FL 33187
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