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281-287 S Krome Ave

Homestead, FL 33030

$429,000

Freestanding For Sale  •  3,660 Sq Ft

Property Details

  • Property Type Freestanding
  • Total Building Size 3,660 Sq Ft
  • Lot Size 0.11 ac
  • Building Class C
  • Year Built 1951
  • Cap Rate 6.67 %
  • Tenancy Multiple
  • Zoning BU-1
43 Transit Score
85 Walk Score

Description

Krome Avenue Storefront with Residential Units in back.  Property has 3-storefront shops with 2 residential units.  Property is well maintained and the location fronts Krome Avenue.  Parking is provided onstreet.

Highlights

Florida Opportunity Zone Investment
Fronts Krome Avenue
Downtown Homestead Location
Lots of Foot Traffic
Traffic Count of 28,500 ADT

Financial Summary (Actual)

Net Operating Income: $28,600 (2017)
Cap Rate: 6.67 %
Total Expenses: $8,738

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Signage

Public Transportation

AirportDriveWalkDistance
Miami International Airport 47 min - 32.6 mi
Eduardo Gil 305-219-4751 MREG Commercial Division
Eduardo Gil 305-219-4751 MREG Commercial Division