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633-645 N Krome Ave 3,800 SF 100% Leased Office Building Homestead, FL 33030 $4,519,385 CAD ($1,189.31 CAD/SF)
Investment Highlights
- Exceptional visibility on a high-traffic corridor in Downtown Homestead.
- Sale includes second folio for exclusive on-site parking.
- Two-story building with 10+ offices, 3 baths, conference rooms, and kitchen.
- Flexible commercial use: retail, office, medical, restaurant, and more.
- Recently renovated with new roof and impact windows
- Located in Homestead’s revitalization zone; tenants on month-to-month leases.
Executive Summary
This well-maintained property offers 150 feet of prime frontage on high-traffic Krome Avenue, directly adjacent to Popeyes. Zoned B-1 Commercial, it provides versatile opportunities for retail, office, medical, or restaurant use. This property will be perfect for investors willing to turn this property for an entertainment area with restaurants, bars, cafes, bakeries, or multinationals etc.
The sale includes a second folio (10-7918-006-0370) dedicated to private parking, enhancing convenience for tenants and customers. The building is in excellent condition, featuring a new roof and impact-resistant windows.
Interior highlights include reception areas, first and second-floor suites, over 10 private offices, 3 bathrooms, large conference rooms, 1 handclap bathroom. Located in the heart of Homestead, this property sits within a designated revitalization zone—an area undergoing significant redevelopment.
With tenants currently on month-to-month leases, this is a rare opportunity to invest in a growing market and shape the future of a dynamic downtown corridor.
The sale includes a second folio (10-7918-006-0370) dedicated to private parking, enhancing convenience for tenants and customers. The building is in excellent condition, featuring a new roof and impact-resistant windows.
Interior highlights include reception areas, first and second-floor suites, over 10 private offices, 3 bathrooms, large conference rooms, 1 handclap bathroom. Located in the heart of Homestead, this property sits within a designated revitalization zone—an area undergoing significant redevelopment.
With tenants currently on month-to-month leases, this is a rare opportunity to invest in a growing market and shape the future of a dynamic downtown corridor.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Building Size
3,800 SF
Building Class
C
Year Built
1949
Price
$4,519,385 CAD
Price Per SF
$1,189.31 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,900 SF
Building FAR
0.28
Lot Size
0.31 AC
Opportunity Zone
Yes
Zoning
B-1 - Mixed-use Commercial B-1
Parking
20 Spaces (5.26 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Signage
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 10-7918-006-0363 | Total Assessment | $752,840 CAD |
| Land Assessment | $0 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $0 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
10-7918-006-0363
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$752,840 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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633-645 N Krome Ave
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