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$4,000,000 Just Listed
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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.
Full Property Details
Full Property Details for 131 S Flagler Ave
General
- Price: $4,000,000
- Status: Active
- Type: Office
- Source: Greater_Miami
- MLS ID: A11975741
- Updated: 3/3/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Medical Office, Retail Space
Location
- County: Miami-Dade County
Structural Information
- Detached/Attached: Detached
- Building Size: 17908
- Year Built: 1926
Lot Features
- Lot Size (Sq. Ft.): 49,875
- Zoning: 6600
Disclosures and Reports
- Special Conditions: Sale
- Legal Description: 18 57 38 TOWN OF HOMESTEAD PB 4-33 LOT 1 LYING E OF KROME AVE & LOT 2 & S50FT OF LOT 3 & LOTS 8 & 9 & 10 BLK 1 LOT SIZE 32375 SQUARE FEET OR
- Property ID: 10-79-18-008-0010
Listed by Dags Group & Associates
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Schools
Schools serving 131 S Flagler Ave
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Laura C. Saunders Elementary School 505 Southwest 8th Street, Homestead, FL 33030 | PK-5 | 0.6 mi |
Homestead Middle School 650 Northwest 2nd Avenue, Homestead, FL 33030 | 6-8 | 0.7 mi |
South Dade Senior High School 28401 Southwest 167th Avenue, Homestead, FL 33030 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 131 S Flagler Ave
Date
Details
Price
Change
Source
3/03/2026
Listed
$4,000,000
61.62%
MLS
8/10/2021
Sold
$2,475,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 131 S Flagler Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$26,208
18%
$1,754,358
32%
2024
$22,125
5%
$1,333,483
1%
2023
$21,004
40%
$1,315,214
80%
2021
$15,003
-8%
$731,937
-4%
2022
$16,330
9%
$764,839
20%
2021
$15,003
23%
$634,812
17%
2019
$12,170
13%
$543,779
10%
2018
$10,771
—
$494,345
—
2017
$10,742
9%
$494,345
12%
2016
$9,880
2%
$439,537
4%
2015
$9,641
-2%
$422,024
1%
2014
$9,845
-15%
$416,171
-19%
2013
$11,603
—
$513,296
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 131 S Flagler Ave
131 S Flagler Ave, Homestead, FL 33030 (MLS# A11975741) is a Office property. 131 S Flagler Ave is currently listed for $4,000,000 and was received on March 03, 2026. Want to learn more about 131 S Flagler Ave? Do you have questions about finding other Office real estate for sale in Homestead? You can browse all Homestead real estate or contact a Coldwell Banker agent to request more information.

