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Property profile & analytics

507 Krome Ave Homestead, FL 33030-6050

  • Retail residential properties
  • 950 SF
  • 0.15 lot acres
OFF-MARKET
Last Sale
Jul 10, 2025
$550,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US18-2929761
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

  • Retail residential properties

Property Details for 507 Krome Ave

Year built
1988
Construction
CONCRETE
Lot size
0.15 lot acres
Property size
950 SF
Zone code
6300:COMMERCIAL,RESTRICT
Property type
Retail residential properties
APN
10-7918-006-0320
APU
1079180060320

Description

This 950 sq ft retail space in Homestead, Florida, is a turnkey opportunity for an entrepreneur. Located at 507 N Krome Ave, 33030, this property boasts a rich history, having served as a family-owned glass company since 1961. The current owner is retiring, presenting a unique chance to acquire an established business with existing clientele. The sale includes not only the building constructed in 1988, but also valuable assets such as two delivery vans (a Ford Transit Connect and a Nissan 2500 HT), specialized auto tools, a windshield camera calibration tool, and existing inventory. An adjacent 1750 sq ft building is also included, comprising a 965 sq ft ground floor and two smaller 200 sq ft rental units, offering potential for expansion or additional income streams. The business enjoys a diverse client base, including major insurance companies and auto dealerships, with a significant portion (30%) of sales conducted in cash. This property represents a compelling investment opportunity in a high-traffic area of Homestead, combining established business operations with substantial tangible assets. The property's location in Miami-Dade County provides excellent access to major transportation routes and a thriving local market. This is a rare chance to acquire a profitable, established business with significant growth potential.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Homestead
County
Miami-dade
State
Florida
Longitude
-80.4771
Latitude
25.4746
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
$4,906
$256,000
$51,092
$307,092
-
$256,000
$51,092
$307,092
More about this property
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