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    41 Krome Ave Florida City, FL 33034

    Sponsored
    For Sale
    $4,000,000

    Prime Retail/Restaurant Location in Florida City

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional $4,000,000 special purpose property at 41 N Krome Ave, Florida City, FL 33034 presents a unique investment opportunity. Situated on a highly visible corner lot at a busy intersection, this location is ideal for a variety of commercial uses, including retail, restaurants, or a financial institution. Its strategic position offers unparalleled access and visibility, being just one block from the US-1 and the Florida Turnpike, serving as a gateway to the Florida Keys. The property benefits from a strong surrounding commercial presence, including established national brands such as Walgreens, Starbucks, Cracker Barrel, Home2 Suites by Hilton, and Circle K. This ensures high foot traffic and a robust customer base. Furthermore, its proximity to Florida City's City Hall and Police Department provides a secure and stable environment. The area boasts numerous hotels and quick-service restaurants, including Ramada, Best Western, Burger King, KFC, Denny's, and Dunkin' Donuts, further enhancing its appeal and potential for success. This property offers a rare chance to establish a thriving business in a high-traffic, well-established commercial area. The location's accessibility and surrounding amenities make it an attractive proposition for investors seeking a strong return on investment in a rapidly growing region. The property's size and configuration are ideal for a variety of development options, making it a versatile and highly desirable commercial asset.

    Property Features for 41 Krome Ave

    General Information

    Property type
    Specialty properties

    HighLights

    • $4,000,000 special purpose property at 41 N Krome Ave, Florida City, FL.
    • High‑visibility corner lot at a busy intersection, ideal for retail, restaurants, or financial institutions.
    • Exceptional location: one block from US‑1 and the Florida Turnpike, gateway to the Florida Keys.
    • Strong surrounding commercial presence with national brands like Walgreens, Starbucks, and Cracker Barrel, ensuring high foot traffic.
    • Secure location near Florida City's City Hall and Police Department.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Florida City
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.4768326
    Latitude
    25.4486168

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    FAQs

    What type of property is this?
    Specialty property - Prime Retail/Restaurant Location in Florida City
    Where is this specialty property located?
    The property is located at 41 Krome Ave Florida City, FL.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: $4,000,000 special purpose property at 41 N Krome Ave, Florida City, FL.; High-visibility corner lot at a busy intersection, ideal for retail, restaurants, or financial institutions.; Exceptional location: one block from US-1 and the Florida Turnpike, gateway to the Florida Keys.
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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
    41 Krome Ave Florida City, FL 33034
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