505 N Krome Ave, Homestead FL 33030
$3,500,000
Est. Payment $18,628/mo
1955
Year Built
1
Stories
95
Days on Market
Description
Prime location for this commercial 7,640 sq ft building with a 13,500 sq ft lot directly on Krome Ave in the City of Homestead with B-1 zoning. The property is currently divided for two businesses but can be remodeled as desired to accommodate up to 5 separate units, each with their own address and bathroom. Parking is available on the street in front of the business, with additional paved parking in the back of the building which offers both front and back building access. The building has recently completed its 40-year recertification and is ready for its new owner.
Facts
- MLS#
- A11984815
- Subdivision
- —
- Property Type
- Commercial Sale
- Property Sub Type
- Retail
- Year Built
- 1955
- Lot Size
- 13,500 ft²
- Sq. Ft.
- —
- Sq. Mt.
- —
- Price per sq. ft.
- —
- Price per sq. mt.
- —
- Stories
- 1
- Garage
- —
- Pool
- —
- Days on Market
- 95 days
- Listed
- Mar 20, 2026
- Last Updated
- Jun 23, 2026
- Price/Lot Sq.Ft.
- $259/ft²
Comparable homes
Same ZIP, similar price + bedrooms.
SOLD$3,500,000
— bd · 0 ba · —
288XX SW Krome Avenue, Homestead FL 33030
SOLD$3,500,000
— bd · 0 ba · —
18900 SW 304th St, Homestead FL 33030
SOLD$3,500,000
— bd · 0 ba · —
18900 SW 304th St, Homestead FL 33030
SOLD$3,299,900
— bd · 0 ba · —
600 N Homestead Blvd, Homestead FL 33030
SOLD$3,000,000
— bd · 0 ba · —
941 N Krome Ave, Homestead FL 33030
SOLD$2,950,000
— bd · 0 ba · —
Homestead, FL 33030
SOLD$2,900,000
— bd · 0 ba · —
131 NW 8th St, Homestead FL 33030
SOLD$4,199,999
— bd · 0 ba · —
204 N Krome Ave, Homestead FL 33030
Market insights for Homestead
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
September 2026
40
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).
| 3/20/2026 | Listed for sale | $3,500,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$21,695/mo
Principal & Interest
$18,628
Property Tax
$2,917
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
Similar listings nearby
More homes in Homestead around $3,500,000.
288 SW 167 Avenue, Homestead FL 33030
17400 SW 298 Street, Homestead FL 33030
15720 SW 258th St, Homestead FL 33031
313 N Krome Avenue, Homestead FL 33030
20740 SW 248th St, Homestead FL 33031
Krome Ave & SW 272 St, Homestead FL 33031