815 Krome Ave, Florida City, FL 33034-2419
This 45-key hotel in Florida City, Florida presents a compelling investment opportunity. Built in 1988, this single-story, exterior-corridor property sits on a 1.52-acre lot (APN: 16-7919-000-0060, 16-7919-000-0061) and is zoned C-2. The hotel boasts amenities including an outdoor pool, continental breakfast, and ample outdoor parking. Its strategic location off Krome Avenue (16,300 AADT), less than a mile from the intersection of the Florida Turnpike (50,300 AADT) and US-1 (30,000 AADT), provides exceptional visibility and accessibility. The property benefits from proximity to major demand generators such as Homestead-Miami Speedway, Homestead Air Reserve Base, Biscayne National Park, and its position as a gateway to the Florida Keys. Financial records indicate strong room revenue performance: $813,852 in 2021, $1,030,129 in 2022, and $852,350 in 2023. Furthermore, the property is conveniently located near Miami Dade College-Homestead (1.3 miles), Homestead Sports Complex (3.8 miles), Homestead Baptist Health Hospital (3.9 miles), and more. Seller financing is available. This is a concrete building with a manager's apartment on-site.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
6000:COMMERCIAL,GENERAL · Florida City, FLFlorida City. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.