Retail in 131 S Flagler Ave Homestead for sale with MLS# A11975741

±1.2 acres of prime commercial real estate situated at the highly visible corner of Krome Avenue and Flagler, directly across from the new Homestead Station and just two blocks from the new City Hall. The offering includes four (4) parcels (Folios: 10-7918-008-0010, 10-7918-008-0030, 10-7918-008-0060, and 10-7918-008-0070) and features an existing shopping center, a detached medical office building, and additional vacant land for future development. The property is currently zoned highly desirable B-3. The existing structures have been renovated and brought up to code, including installation of new roofs. Current in-place income totals $20,786 per month with 10 tenants all on one year lease expiring Dec 31st 2026. The City will permit construction of a new building up to six (6) stories in height, providing significant upside and long-term redevelopment potential.

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Days on the market

131 S Flagler Ave, Homestead, FL 33030

Price
Price:
$4,000,000.00
Original List Price:
$4,000,000.00
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Commercial Sale
Property Type:
Retail
MLS Number:
A11975741
Description of Last Important Update:
New Listing
Last Major Update on:
March 3, 2026 2:06 pm
Measures
Built-Up Area:
17,908 Sqft
Lot Area:
49,875 Sqft
Lot Size Unit:
Square Feet
Property Features
Waterfront:
No
Construction
Year Built:
1926
Structure Type:
Office, Retail
Taxes and Expenses
Tax Annual Amount:
$0.00
Parking
Covered Spaces:
0
Community
Senior Community:
No
Terms
Occupant Type:
Call Agent
Zoning and Legal
Tax Legal Description:
18 57 38 TOWN OF HOMESTEAD PB 4-33 LOT 1 LYING E OF KROME AVE & LOT 2 & S50FT OF LOT 3 & LOTS 8 & 9 & 10 BLK 1 LOT SIZE 32375 SQUARE FEET OR
Real Estate Folio Number (Parcel Number):
10-79-18-008-0010
Zoning Description:
6600
Listing History
Originally published on:
March 3, 2026 2:06 pm
Active on the market since:
March 3, 2026
Price change occurred on:
March 3, 2026 1:40 pm
Listing Status Last Changed On:
March 3, 2026 2:06 pm
Photos updated on:
March 3, 2026 7:25 pm
Last Modified:
April 13, 2026 1:19 pm
Additional Information
Flood Zone:
X
Municipal Code:
10
Subdivision Number:
8
Courtesy of:
Dags Group & Associates
Attribution:
Not provided
Location
Street Name:
Flagler Ave
Street Number:
131
City:
Homestead
State:
Florida
Zip Code:
33030
County:
Miami-Dade
Latitude:
N25° 28' 4.6''
Longitude:
W81° 31' 22.3''
Street Direction Prefix:
S
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $43,231
Median Home Value $382,200
Median Rent $1,307/mo
Median Age 30
Population 35,957

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 50 Good
☀️ O3 50 Good
🫁 PM2.5 50 Good

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Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.