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969-999 N Krome Ave
Homestead, FL 33030
Office Property For Sale
Investment Highlights
- Highly traveled State Highway/Krome Ave
- 969 side has 3 remodeled new bathrooms, new a/c system, new fire suppression system, new fire alarm, open rooms daycare ready.
- Updated on the 969 side, building 40 year completed.
Executive Summary
Prime corner property with direct exposure & on highly traveled Krome Avenue! Approx. 4800 SF total with 22
parking spaces, 1-car carport & 1-car garage on 20k+ SF lot. Building features two units: a +/-2500 SF turnkey
permitted daycare center and a +/-2300 SF physician office leased at $6k/month with 5% annual increases & 3
years remaining. Daycare space also available for lease at $7300/month with 5% annual increases and includes
$150K+ in renovations, new HVAC & fire suppression/sprinkler system, classrooms, full kitchen, 2 half baths, 1
full bath, fenced play area & ample storage. Physician side offers exam rooms, break room, 2 half baths &
storage. Newer roof and 40-year inspection completed in 2021. Great owner-user or investment opportunity with
income potential. Owner financing with $800,000 down, 8% interest only, amortized over 30 years to balloon in 2
years.
parking spaces, 1-car carport & 1-car garage on 20k+ SF lot. Building features two units: a +/-2500 SF turnkey
permitted daycare center and a +/-2300 SF physician office leased at $6k/month with 5% annual increases & 3
years remaining. Daycare space also available for lease at $7300/month with 5% annual increases and includes
$150K+ in renovations, new HVAC & fire suppression/sprinkler system, classrooms, full kitchen, 2 half baths, 1
full bath, fenced play area & ample storage. Physician side offers exam rooms, break room, 2 half baths &
storage. Newer roof and 40-year inspection completed in 2021. Great owner-user or investment opportunity with
income potential. Owner financing with $800,000 down, 8% interest only, amortized over 30 years to balloon in 2
years.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
4,834 SF
Building Class
C
Year Built/Renovated
1950/2026
Price
$3,962,269 CAD
Price Per SF
$819.67 CAD
Cap Rate
5.60%
NOI
$221,887 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,834 SF
Building FAR
0.24
Lot Size
0.47 AC
Opportunity Zone
Yes
Zoning
B-1 - Allowable Uses: Daycare, Medical Office
Parking
24 Spaces (4.96 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | 10-7907-033-0020 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $783,061 CAD |
Property Taxes
Parcel Number
10-7907-033-0020
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$783,061 CAD
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