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$9,700,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 9 days ago
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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

Full Property Details for 854 N Krome Ave

General

  • Price: $9,700,000
  • Taxes: $48,370 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: Greater_Miami
  • MLS ID: A11916839
  • Updated: 1/5/2026
  • Added to Site: 47 day(s) ago

Rental Information

  • Rent Includes: Sewer

Interior

  • Flooring: Other

Location

  • Area: Krome Ave Addn
  • County: Miami-Dade County
  • Subdivision: KROME AVE ADDN
  • Building Name: KROME AVE ADDN

Community

  • Community Name: Krome Ave Addn
  • Units Assoc/Comm: 4

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Other
  • Heating Type: Other

Utilities

  • Sewer: Other

Structural Information

  • Architectural Style: Other
  • Structure Type: Quadruplex, Fourplex
  • Detached/Attached: Detached
  • Construction: Concrete Block Construction
  • Roof: Other
  • Stories/Levels: 1
  • Building Size: 16728
  • Square Feet: 16,728
  • Living Area: 16,728 Sq. Ft.
  • Year Built: 1973

Unit Information

  • Units in Complex: 4

Lot Features

  • Lot Features: 3/4 To Less Than 1 Acre Lot
  • Zoning: 6300

Financial Considerations

  • Price Per Sq. Ft.: $579.87
  • Tax Amount: $48,370
  • Tax Year: 2024
  • Terms: All Cash, Exchange

Disclosures and Reports

  • Documents Avail.: Investment Analysis, Copy Of Lease(S), Other Available Information
  • Legal Description: KROME AVE ADD PB 6-174 LOTS 9-10 & LOT 1 BLK 4 ROYAL PALM ADD PB 2-67 LOT SIZE 148.600 X 260 OR 15678-0847 1092 3 COC 25089-1970 11 2006 1
  • Property ID: 10-78-12-004-0060

Listed by Keller Williams Capital Realty

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Listing agents

— 854 N Krome Ave —

  • Keller Williams Capital Realty

  • Keller Williams Capital Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 854 N Krome Ave

School District:Dade County School District
NameGradesDistance
West Homestead Elementary School
1550 Southwest 6th Street, Homestead, FL 33030
PK-51.5 mi
Homestead Middle School
650 Northwest 2nd Avenue, Homestead, FL 33030
6-80.3 mi
South Dade Senior High School
28401 Southwest 167th Avenue, Homestead, FL 33030
9-122 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 854 N Krome Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/05/2026
Price Reduced
$9,700,000
-3%
MLS
12/01/2025
Listed
$10,000,000
433.33%
MLS
7/01/2016
Sold
$1,875,000
—
Public Record
Get Price Alerts and Save Property
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 for 854 N Krome Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$45,826
10%
$2,984,000
12%
2023
$41,713
30%
$2,657,000
77%
2022
$32,027
-3%
$1,500,000
—
2021
$33,021
-1%
$1,500,000
—
2019
$33,268
2%
$1,500,000
—
2018
$32,681
-1%
$1,500,000
—
2017
$33,092
38%
$1,500,000
40%
2016
$24,052
4%
$1,069,972
6%
2015
$23,136
-2%
$1,012,790
1%
2014
$23,648
—
$999,591
-5%
2013
$23,682
—
$1,047,660
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Keller Williams Capital Realty

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854 N Krome Ave, Homestead, FL 33030 (MLS# A11916839) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 854 N Krome Ave is currently listed for $9,700,000 and was received on December 01, 2025. Want to learn more about 854 N Krome Ave? Do you have questions about finding other Multi-Family real estate for sale in Homestead? You can browse all Homestead real estate or contact a Coldwell Banker agent to request more information.

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