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ResidentialIncome in Homestead (16,728 sq ft) - Image 1
ResidentialIncome in Homestead (16,728 sq ft)
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ResidentialIncome in Homestead (16,728 sq ft)
854 N Krome Ave, Homestead, FL 33030
$9,700,000
$580/sqft
0
Bedrooms
0
Bathrooms
16,728
Sq Ft
1973
Year Built

Description

ATTENTION INVESTORS / CONTRACTORS! 24 units, value-add opportunity: a Triple Net Lease shopping center with an impressive 9% Cap rate BEFORE any value-add! Perfect for owners & landlords. Krome Ave has become the vibrant commercial retail hub of Homestead, prime location bordering Florida City, offering lucrative prospects for discerning investors. Spanning an expansive 15,168 SFT of building space and situated on almost 1 acre (over 38,636 SFT) of land, its strategic positioning sets it apart, promising substantial returns for years to come. ALWAYS fully occupied, B-1 zoning allows for a diverse tenant mix. Rental rates currently below market value, endless opportunities! DO NOT DISTURB TENANTS! Financials are in the pics. Tenants pay taxes, insurance & maintenance!! #goldmine

Key Features

Built in 1973

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4.8(1200 reviews)
22 years experience
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$9,700,000
20%
6.5%
Monthly Payment$49,048
Total Interest$9,897,452
Total Payment$17,657,452