131 S Flagler Ave, Homestead FL 33030

Closed

$2,795,000

3.62%

Est. Payment $14,876/mo

MLS Sheet Video

1926

Year Built

Stories

134

Days on Market

Description

Location, Location, Location 1.2 acres of prime commercial real estate located on Krome Avenue and Flagler across from the New Homestead Station and 2-blocks from the New City Hall. Sale includes 4 parcels [ Folios 10-7918-008-0010, 10-7918-008-0030, 10-7918-008-0060, 10-7918-008-0070] with Shopping Center, detached Medcial Office and Vacant land for additional building(s). Property is currently zoned highly sought after B3 and buildings have been renovated and brought up to code including new roofs. The total monthly income is $16,750. City will allow a new building up to 6-stories in height for future development.

Facts

MLS#: A10988763
Subdivision: —
Property Type: Commercial Sale
Property Sub Type: Mixed Use
Year Built: 1926
Lot Size: 52,272 ft²
Sq. Ft.: —
Sq. Mt.: —
Price per sq. ft.: —
Price per sq. mt.: —
Stories: 1
Garage: —
Pool: —
Days on Market: 134 days
Listed: Jan 9, 2021
Last Updated: Aug 12, 2021
Price/Lot Sq.Ft.: $53/ft²

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Market insights for Homestead

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

8/12/2021	Sold	$2,795,000
4/29/2021	Price change	$2,795,000-3.6%
1/9/2021	Listed for sale	$2,900,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

131 S Flagler Ave, Homestead FL 33030Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Pinecrest Elementary School
PK,KG,1,2,3,4,5 · public · 0.9 mi
Pinecrest Presbyterian Day School
PK,KG · private · 1.1 mi
American Academy of Pinecrest
12 · private · 1.1 mi
Kendall Christian School
PK,KG,1,2,3,4,5 · private · 1.1 mi
St Louis Covenant School
PK,KG,1,2,3,4,5,6,7,8 · private · 1.1 mi
Killian Montessori School
PK,KG · private · 1.1 mi
Children's Resources
PK,KG,1,2,3,4,5,UG · private · 1.1 mi
Gulliver Preparatory School
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.3 mi
Rambam Day School Temple Beth Am
PK,TK,KG,1,2,3,4,5 · private · 1.3 mi
Miami Palmetto Senior High Adult
UG · public · 1.3 mi

Estimated Monthly Payment

$17,355/mo

Principal & Interest

$14,876

Property Tax

$2,329

Insurance

$150

HOA

Down Payment20% ($559,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

Hablo Español

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