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In-PersonVirtual Tour
$ 4,000,000
Est. payment | /mo
17,908 SqFt
$ 4,000,000
Est. payment | /mo
17,908 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 17,908 sqft
Price per Sqft $223
MLS Listing ID A11975741
HOA Y/N No
Year Built 1926
Lot Size 1.145 Acres
Property Sub-Type Retail
Property Description
±1.2 acres of prime commercial real estate situated at the highly visible corner of Krome Avenue and Flagler, directly across from the new Homestead Station and just two blocks from the new City Hall.
The offering includes four (4) parcels (Folios: 10-7918-008-0010, 10-7918-008-0030, 10-7918-008-0060, and 10-7918-008-0070) and features an existing shopping center, a detached medical office building, and additional vacant land for future development.
The property is currently zoned highly desirable B-3. The existing structures have been renovated and brought up to code, including installation of new roofs.
Current in-place income totals $20,786 per month with 10 tenants all on one year lease expiring Dec 31st 2026.
The City will permit construction of a new building up to six (6) stories in height, providing significant upside and long-term redevelopment potential.
The offering includes four (4) parcels (Folios: 10-7918-008-0010, 10-7918-008-0030, 10-7918-008-0060, and 10-7918-008-0070) and features an existing shopping center, a detached medical office building, and additional vacant land for future development.
The property is currently zoned highly desirable B-3. The existing structures have been renovated and brought up to code, including installation of new roofs.
Current in-place income totals $20,786 per month with 10 tenants all on one year lease expiring Dec 31st 2026.
The City will permit construction of a new building up to six (6) stories in height, providing significant upside and long-term redevelopment potential.
Location
State FL
County Miami-dade
Area 79
Exterior
Private Pool Yes
Others
Tax ID 10-79-18-008-0010
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11975741
Listed by Dags Group & Associates
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