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    941 Krome Ave Homestead, FL 33030-4408

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    Property profile & analytics

    941 Krome Ave Homestead, FL 33030-4408


    • Office buildings
    • 6,301 SF
    • 0.37 lot acres
    Off-Market
    Property ID
    US18-2900594
    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.

    Value Estimations
    $1,515,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dr. Madhavi Gunda Chunduru, MD / Physician
    • Homestead office / Medical Clinic
    • Mrs. Madhavi Chunduru / Physician
    • Eric Brano / Physician
    • Clinica de Accidente - Homestead / Alternative Medicine Practice

    Property Details for 941 Krome Ave

    Year built
    1952
    Construction
    CONCRETE
    Lot size
    0.37 lot acres
    Property size
    6,301 SF
    Zone code
    6300:COMMERCIAL,RESTRICT
    Property type
    Office buildings
    APN
    10-7907-030-0300
    APU
    1079070300300

    Description

    This exceptional commercial property presents a unique investment opportunity in the thriving downtown Homestead area. Located at 941 N Krome Ave, this building boasts a substantial 6,301 square feet of climate-controlled space, ideal for a variety of business ventures. The property sits on a generous 0.55-acre lot, offering ample room for expansion, parking, or outdoor amenities. The versatile layout is well-suited for a single large tenant or multiple smaller businesses seeking office space, professional services locations, or a combination thereof. The building's size and location within the desirable downtown Homestead district make it an attractive prospect for businesses seeking high visibility and convenient access to local amenities and transportation routes. The property's Folio number is 10-7907-030-0301. This is a rare chance to acquire a significant commercial asset in a rapidly growing market. The asking price is $2,500,000. Serious inquiries are encouraged. This property offers a strong return on investment potential for discerning buyers. The expansive space and prime location combine to create a compelling opportunity for long-term growth and profitability. Don't miss this chance to secure a valuable piece of Homestead's commercial real estate landscape.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,882,000
      Market price range: $942k - $2.63M
      AI Estimate
      $1,109,000
      Market price range: $521k - $1.63M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,960,000
      Current use
      COMMERCIAL (GENERAL)
      $2,105,000
      Change: +7% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $1,810,000
      Change: -8% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Homestead
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.477
    Latitude
    25.4788
    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
    $14,950
    $640,000
    $505,873
    $1,145,873
    -
    $640,000
    $505,873
    $1,145,873
    More about this property
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