Property profile

N Krome Ave Florida City, FL 33034

FOR SALE
Bars & Pubs
Property ID
US18-4716589
14,833 SF 0.19 ac lot Built 1914
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail property, located at 4 S Krome Ave in Homestead, Florida, offers 65,000 square feet of commercial space within Miami-Dade County. The property is currently multi-tenant, with 17,696 square feet of vacant space immediately available for lease. Units range from a minimum of 1,648 square feet to a maximum contiguous space of 6,150 square feet, providing flexibility for a variety of businesses. The property boasts ample parking with 1,161 spaces conveniently located in a seven-story parking garage, ensuring convenient access for customers and employees. This prime retail location in Homestead, Florida (zip code 33030) presents a unique opportunity for businesses seeking high visibility and accessibility. The property's strategic location within Miami-Dade County offers excellent access to major transportation routes and a thriving local community. The substantial size of the available space allows for expansion or the potential to subdivide for multiple tenants. This is an ideal investment opportunity for those seeking a strong foothold in the South Florida retail market. The property is being offered for sale and presents a compelling opportunity for investors and businesses alike. Contact us today to learn more about this exceptional retail property and its potential.

Property profile

Verified
Property type Bars & Pubs
Use group NIGHTCLUB (COCKTAIL LOUNGE)
Year built 1914
Construction CONCRETE
Total area 14,833 SF
Lot 0.19 ac (8,239 SF)
Zoning code 6300:COMMERCIAL,RESTRICT
APN 10-7813-020-0020
UPID US18-4716589

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Law Firm
  • Real Estate Agency
  • Corporate Office
  • Construction Company General Contractor
  • Big Box & Wholesale Store

Location

N Krome Ave Florida City, FL 33034
Florida City metro Census 11301 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$435k
CAP Approach CAP
by Request
Comparable Approach Comparable
$933k
Blend (final) Blend
$685k

Owner & transaction history

since 2022
3 recorded transactions
2022
$2.5M
2010
$800,000
2004
Price N/A

Zoning & alternative use

6300:COMMERCIAL,RESTRICT · Homestead, FL

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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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