Miami, Florida Commercial and Residential Real Estate Broker 30 years Experienced

Miami Downtown Real Estate Waterfront

 

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3 Adjacent parcels: 291 S Krome Avenue, 375 S Krome Avenue, 304 SE 2nd Avenue, Homestead, Florida. Total 13,000 SF building, 33,150 SF lot. Three free standing parcels located in the heart of Downtown Homestead directly on Krome Ave. Includes Automotive business opportunity, retail, warehousing, 5 double bays. Street parking in front and rear. Zoned SWPUN COMMERCIAL with potential redevelop with variety of permitted uses. Walking distance to the HOMESTEAD STATION currently under development which will provide over 1000 parking spaces, shops,restaurants, movie theaters and transportation hub. Projected income is based on a net rent of $13.00 per square foot of the existing buildings. Showing by appointment only, do not disturb the employees.

The 3 building totals are reflected in this brochure not the folio used to post this listing. The income shown for the purpose of this brochure is based on a net rent of $13 per foot/year. Very conservative numbers. The business is included with the offering. Over 25 years in business and the equipment stays with the property. The taxes reflected in this offering are for all three parcels. It is proced to offer a 7.7% CAP rate

The listing is being offered at $2,395,000

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