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    Property profile & analytics

    217 Krome Ave Florida City, FL 33034-3411

    • Hotels
    • 41,464 SF
    • 0.98 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 09, 2024
    $5,300,000
    Location Intelligence
    Property ID
    US18-6981889
    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

    • Hotels

    Property Details for 217 Krome Ave

    Year built
    2020
    Construction
    CONCRETE
    Lot size
    0.98 lot acres
    Property size
    41,464 SF
    Zone code
    8000:COMMUNITY FACILITY
    Property type
    Hotels
    APN
    16-7919-001-0382
    APU
    1679190010382

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Florida City
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.4768
    Latitude
    25.4504
    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
    $103,691
    $580,956
    $4,619,044
    $5,200,000
    -
    $580,956
    $4,619,044
    $5,200,000

    Comparable in this City

    • Value Estimation by Request
      61,174 SF

      124 Palm Dr

      HOTEL • 61,174 SF
      124 Palm Dr, Florida City, FL 33034-3519
      View Details
    • Value Estimation by Request
      62,650 SF

      411 Krome Ave

      HOTEL • 62,650 SF
      411 Krome Ave, Florida City, FL 33034-4913
      View Details
    • Value Estimation
      $4,260,000
      51,636 SF

      35200 Dixie Hwy

      HOTEL • 51,636 SF
      35200 Dixie Hwy, Florida City, FL 33034-5604
      View Details
    • Value Estimation by Request
      60,260 SF

      77 3rd St

      HOTEL • 60,260 SF
      77 3rd St, Florida City, FL 33034-3313
      View Details
    • Value Estimation by Request
      84,305 SF

      60 352nd St

      HOTEL • 84,305 SF
      60 352nd St, Florida City, FL 33034-4894
      View Details
    • Value Estimation by Request
      1,830 SF

      100 1st Ave

      MOTEL • 1,830 SF
      100 1st Ave, Florida City, FL 33034-5004
      View Details

    Similar Nearby for Sale

    • $10,900,000

      Florida City Hotel with Amenities

      114-room hotel near Florida Keys Outlet and US-1 Hwy.
      411 S Krome Ave, Florida City, FL 33034
      View Details
    • $10,000,000
      61 SF

      Days Inn Florida City Hotel

      123-key hotel near Florida Keys and Everglades.
      124 East Palm Dr, Homestead, FL 33034
      View Details
    • $4,950,000
      1.52 Acres

      Florida City Hotel - $4.95M

      45-Room Hotel, Prime Location, High Revenue
      815 Krome Ave, Florida City, FL 33034
      View Details
    • $5,999,000

      Waterfront Land For Eco-Tourism Resort

      24 acres of waterfront land ideal for eco-tourism resort.
      Us1, Homestead, FL 33034
      View Details
    • $648,500

      Homestead Acreage: Prime Development Land

      15.7 Acres, Zoned General, Development Potential
      0 392Nd St, Homestead, FL 33034
      View Details
    • $4,000,000

      Florida City Corner Lot Investment

      Prime Retail/Restaurant Location in Florida City
      41 Krome Ave, Florida City, FL 33034
      View Details

    Similar Nearby for Lease

    • $1.86 SF/Yr
      9,667 SF

      Homestead Retail Space for Lease

      Prime Homestead location, 9,667 sq ft retail space.
      33521 Dixie Hwy, Homestead, FL 33034
      View Details
    • $2,000 /Mo

      Remodeled Two Bedroom Unit

      Updated 2 bed, 1 bath unit for rent.
      559 NW 22Nd St, Homestead, FL 33034
      View Details
    • $1,500 /Mo

      Retail Space in High-Traffic Area

      Sub-rent space in busy salon, ideal for beauty-related services.
      33521 S Dixie Hwy, Homestead, FL 33034
      View Details
    • $0.07 SF/Yr
      6,500 SF

      Florida City Retail Space

      Prime Retail, 6,500 SF, New Construction
      502 Palm Dr, Florida City, FL 33034
      View Details
    • $16 SF/Yr
      3,600 SF

      Downtown Homestead Retail Space Available

      Retail space in Homestead's historical downtown district for rent.
      327 N Krome Ave, Homestead, FL 33034
      View Details
    • Contact for pricing
      7,034 SF

      Retail Space in Florida City

      Retail space available within a shopping center with national tenants.
      33290 S Dixie Hwy, Homestead, FL 33034
      View Details
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    217 Krome Ave
    Florida City, FL 33034-3411
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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
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