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Property profile & analytics

633 Krome Ave Homestead, FL 33030

  • Office buildings
  • 3,304 SF
  • 0.31 lot acres
Value Estimation
Location Intelligence
Property ID
US18-1519674
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Law Offices of Jose A. Dapena, P.A / Law Firm
  • Psychzy / Psychologist
  • Family Behavior Services / Mental Health Service
  • Judith Fernandez Insurance / Insurance Agency
  • Mindful Thoughts / Counselor

Property Details for 633 Krome Ave

Year built
1949
Construction
CONCRETE
Lot size
0.31 lot acres
Property size
3,304 SF
Zone code
6300:COMMERCIAL,RESTRICT
Property type
Office buildings
APN
10-7918-006-0363
APU
1079180060363

Description

This exceptional 3,304 square foot mixed-use commercial building is strategically located on Krome Avenue in Homestead, Florida, boasting 150 feet of frontage. The property sits on a 0.38-acre lot and is zoned B-1 Commercial, ensuring diverse usage potential. Currently in excellent condition, the building features a new roof and new impact windows, providing both durability and security. The interior layout is well-designed for optimal functionality, including reception areas, multiple suites on both the first and second floors, ten or more individual offices, three bathrooms, spacious conference rooms, and a kitchen. Adjacent to a Popeyes restaurant, this property benefits from high visibility and significant traffic counts on Krome Avenue, a key thoroughfare. Included in the sale is a second folio (10-7918-006-0370) encompassing private parking for the building. The property is situated in a rapidly developing area of Homestead, benefiting from an ongoing revitalization project. Current tenants are on month-to-month leases, offering flexibility for the new owner. This presents a unique opportunity to acquire a well-maintained, high-traffic commercial property in a burgeoning market. The asking price is $2,950,000.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $310,000
  • CAP approach

    CAP return
    Estimation
    6%
    $430,000
    6.5%
    $440,000
    7%
    $375,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $465,000
    Geo Method
    $455,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $425,000
    Retail
    $410,000
    Mixed-Use
    $355,000
    Hospitality
    $335,000
    Educational
    $355,000
    Residential Income
    $395,000
    Energy
    $450,000
    Income-Based Land
    $360,000
    Food Service
    $340,000

Location Insight

  • Map
  • Local Demand
City
Homestead
County
Miami-dade
State
Florida
Longitude
-80.4771
Latitude
25.476
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,301
$540,000
$10,000
$550,000
-
$540,000
$10,000
$550,000
More about this property
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