Technical
Financial
Distress signals
Property profile

512 SW 6Th Ave Homestead, FL 33030

FOR SALE
Outlet malls
Property ID
US19-0157396
750 SF 0.11 ac lot Built 1983
Individually Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This 750-square-foot convenience store, located at 512 SW 6th Ave, Homestead, FL 33030, presents a compelling investment opportunity. Built in 1983, this single-story building is currently operating as a convenience store and also houses a barbershop. The property boasts all necessary licenses and permits, ensuring a smooth transition for the new owner. Situated in Miami-Dade County, this prime location offers excellent visibility and accessibility for customers. The asking price is $325,000. This turnkey operation provides immediate income potential, making it an attractive proposition for investors seeking a stable and established business. The property's existing tenant base and established clientele provide a solid foundation for continued success. The 750 square feet of space offers ample room for retail operations and potential expansion. This is a rare opportunity to acquire a profitable, established business in a high-traffic area of Homestead, Florida. The property's single-story design simplifies operations and maintenance. Serious inquiries are encouraged to explore this exceptional investment opportunity further. All information provided is deemed reliable but not guaranteed and should be independently verified.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1983
Construction CONCRETE
Total area 750 SF
Lot 0.11 ac (4,850 SF)
Zoning code 1900:RESID,PLANNED UNIT
APN 10-7813-036-0920
UPID US19-0157396

Cap rate & NOI

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

Location

512 SW 6Th Ave Homestead, FL 33030
Homestead metro Census 11302 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$90k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$105k

Owner & transaction history

since 2021
Last sale
$95,000
1 recorded transaction
2021
$95,000

Zoning & alternative use

1900:RESID,PLANNED UNIT · 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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