Homestead, FL 33030,948 N Krome Ave
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Homestead, FL 33030,948 N Krome Ave
Homestead, FL 33030,948 N Krome Ave
Homestead, FL 33030,948 N Krome Ave
Homestead, FL 33030,948 N Krome Ave

$1,630,000

Est. payment /mo

$1,750,000

6.9%
Est.Price: ?

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948 N Krome Ave Homestead, FL 33030

4,202 SqFt

SOLD DATE : 07/14/2023

Key Details

Sold Price $1,630,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 4,202 sqft

Price per Sqft $387

MLS Listing ID A11379812

Sold Date 07/14/23

HOA Y/N No

Year Built 1956

Annual Tax Amount $11,986

Contingent Other

Lot Size 0.320 Acres

Acres 0.32

Property Description

A stable income-producing investment with long-term NNN credit tenant & healthy annual rent increases. Freestanding 4,200 SF single-tenant medical office/retail building is located in the heart of the rapidly growing Homestead market & is well-maintained, with recently renewed lease to reputable medical practice. Sitting on a 0.32-acre lot inclusive of on-site parking, the building enjoys excellent visibility on busy N. Krome Avenue (State Road 997), and is surrounded by other medical & retail spaces. Convenient location with direct proximity to the main Route 1 artery & several educational institutions including Miami-Dade College (Homestead Campus). Medical providers operating out of the building are backed by private equity with a focus on eye-care services throughout the country.

Location

State FL

County Miami-dade County

Area 78

Exterior

Waterfront No

Total Parking Spaces 27

Building

Story 1

Level or Stories One

Others

Tax ID 10-78-12-003-0030

Financing Conventional

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Listed by APEX Capital Realty LLC
Bought with APEX Capital Realty LLC

Karina Marx

Broker Associate | License ID: IA.100089820

+1(786) 999-4504

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