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Property profile & analytics
OFF-MARKET Estimated value $390,000
Office buildings

61 14th St Homestead, FL 33030-4525

2,504 SF 0.46 ac lot Built 1940
Individually Owned 18-yr Hold ~ Est. High Equity
Property ID
US18-9800397
Property summary
AI-generated overview

This exceptional single-tenant office space, located at 61 NW 14th Street, offers 1,150 square feet of well-maintained office area. The property is a freestanding, single-story building with a convenient single-tenant occupancy. Ideal for a small business, this space features a functional layout including a kitchen area and a spacious conference room, perfect for meetings and client interactions. The interior boasts a combination of tile and wood flooring, providing a blend of style and practicality. Ample parking is available with four designated spaces. The property is fully fenced, ensuring privacy and security. The zoning classification is 0100. The property's convenient location just off Krome Avenue on NW 14th Street offers easy access to major transportation routes. This is a fantastic opportunity for a business seeking a comfortable and functional office space with excellent parking. The property's APN is 10-78-12-007-0910. This well-maintained building presents a unique opportunity for a business seeking a private and secure location. The three-bedroom, one-bathroom layout is adaptable to various office configurations. Contact us today to schedule a viewing.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1940
Construction CONCRETE
Total area 2,504 SF
Lot 0.46 ac (20,250 SF)
Zoning code 5300:HOTELS,MOTELS&CLINIC
APN 10-7907-022-0100
UPID US18-9800397
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Donna Lee Studio of Dance Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.09M
Comparable Approach Comparable
$1.05M
Blend (final) Blend
$390k
Owner & transaction history
Alicia Norwood · 18 yrs held
Alicia Norwood
since 2008
2 recorded transactions
2008
$640,000
1969
Price N/A
Zoning & alternative use
5300:HOTELS,MOTELS&CLINIC · Homestead, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
Top alternative use upside
Medical building $1.1M +41.1%
Commercial (general) $835,000 +7.4%
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