948 N Krome Ave, Homestead FL 33030
$1,750,000
Est. Payment $9,314/mo
1956
Year Built
1
Stories
70
Days on Market
Description
A stable income-producing investment with long-term NNN credit tenant & healthy annual rent increases. Freestanding 4,200 SF single-tenant medical office/retail building is located in the heart of the rapidly growing Homestead market & is well-maintained, with recently renewed lease to reputable medical practice. Sitting on a 0.32-acre lot inclusive of on-site parking, the building enjoys excellent visibility on busy N. Krome Avenue (State Road 997), and is surrounded by other medical & retail spaces. Convenient location with direct proximity to the main Route 1 artery & several educational institutions including Miami-Dade College (Homestead Campus). Medical providers operating out of the building are backed by private equity with a focus on eye-care services throughout the country.
Facts
- MLS#
- A11379812
- Subdivision
- —
- Property Type
- Commercial Sale
- Property Sub Type
- Office
- Year Built
- 1956
- Lot Size
- 13,939 ft²
- Sq. Ft.
- —
- Sq. Mt.
- —
- Price per sq. ft.
- —
- Price per sq. mt.
- —
- Stories
- 1
- Garage
- —
- Pool
- —
- Days on Market
- 70 days
- Listed
- May 1, 2023
- Last Updated
- Jul 18, 2023
- Price/Lot Sq.Ft.
- $126/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
48
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).
| 7/18/2023 | Sold | $1,750,000 |
| 5/1/2023 | Listed for sale | $1,750,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Quiet Waters Elementary SchoolPK,KG,1,2,3,4,5 · public · 1.0 mi
- Sheridan Park Aft/Sch Pgrm
PK,KG · private · 1.1 mi
- Winston Park Elementary School
PK,KG,1,2,3,4,5 · public · 1.1 mi
- Lyons Creek Middle School
6,7,8 · public · 1.2 mi
- Americana College Preparatory School
7,8,9,10,11,12 · private · 1.7 mi
- North Broward Preparatory School
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 2.0 mi
- Tradewinds Elementary School
PK,KG,1,2,3,4,5 · public · 2.1 mi
- North Broward Preparatory School
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 2.1 mi
- Monarch High School
9,10,11,12 · public · 2.1 mi
- Cypress Run Alternative/Ese
KG,1,2,3,4,5,6,7,8,9,10,11,12 · public · 2.5 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$10,923/mo
Principal & Interest
$9,314
Property Tax
$1,458
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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