Homestead, FL 33030

Property

Ownership: For Sale
Type: mixed-use
Lot Size: 0.5 Acres

Financials

Price:$2,800,000
Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Listing Courtesy of The Keyes Company

REDUCED PRICE ! Outstanding corner commercial property on heavily traveled Krome Avenue with flexible B 1 zoning, allowing a wide range of office, medical, retail, professional, daycare and over 100 ...

    Description

    REDUCED PRICE! Outstanding corner commercial property on heavily traveled Krome Avenue with flexible B-1 zoning, allowing a wide range of office, medical, retail, professional, daycare and over 100 possible commercial uses. Approx. 4,800 SF on a 20,000+ SF lot with 22 parking spaces, 1-car carport, and 1-car garage. Building features 2 units, offering excellent flexibility for an owner-user, mixed-use business, or investment. The vacant +/-2,500 SF space is currently built out as a turnkey permitted daycare with recent improvements, including new HVAC, fire suppression/sprinkler system, classrooms, full kitchen, 2 half baths, 1 full bath, fenced play area, and ample storage, but can accommodate a variety of permitted B-1 uses. The adjacent +/-2,300 SF physician office is leased at $6,427/month with 6% annual increases and approximately 2.3 years remaining. Vacant space is also available for lease at $7,300/month. Newer roof and 40-year inspection completed in 2021. Owner financing available with $800,000 down, 8% interest-only, 30-year amortization, balloon in 2 years.

    Amenities

    • Fire Alarm
    • Fire Sprinkler System
    • Other
    • Sewer Available

    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

    All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.