Technical
Financial
Distress signals
Property profile

232 Krome Ave Miami, FL 33170

OFF-MARKET
Specialty properties
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 35-acre parcel presents a rare development opportunity in Miami, Florida. Located at the highly visible corner of SW 232 Street and Krome Avenue in Miami-Dade County, this property boasts a prime location with significant development potential. The site is conveniently situated in zip code 33170, offering easy access to major transportation routes. The asking price is $35,000,000. The land has already undergone significant preparation, having been cleared of most vegetation, leaving only a few scattered trees that can be easily incorporated into any future development plans. SW 232 Street has recently been expanded, enhancing accessibility and visibility. This expansive site offers developers a multitude of possibilities, including the potential for a large-scale residential community. Conceptual plans could include approximately 100 single-family homes, 500 townhouses, or a mix of 200 one-, two-, and three-bedroom condominiums and rental apartments. The property's size and location make it an ideal candidate for a variety of large-scale projects. This is a unique opportunity to acquire a significant land parcel in a rapidly growing area of Miami. Serious inquiries are encouraged.

Property profile

Verified
Property type Specialty properties

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

232 Krome Ave Miami, FL 33170
Miami metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 232 Krome Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message