Retail in 505 N Krome Ave Homestead for sale with MLS# A11984815

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.

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505 N Krome Ave, Homestead, FL 33030

Price
Price:
$3,500,000.00
Original List Price:
$3,500,000.00
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Commercial Sale
Property Type:
Retail
MLS Number:
A11984815
Description of Last Important Update:
New Listing
Last Major Update on:
March 20, 2026 1:26 pm
Measures
Built-Up Area:
7,640 Sqft
Lot Area:
13,500 Sqft
Lot Size Unit:
Square Feet
Property Features
Waterfront:
No
Exterior:
Storm Security Shutters
Air Conditioning
Air Conditioning System:
Central Air
Storm Protection:
Complete Storm Panels
Construction
Year Built:
1955
Year Built Details:
Resale
Roof:
Tar/gravel
Levels:
One
Construction Materials:
Block
Flooring:
Wood, Laminate, Concrete, Hardwood
Structure Type:
Office, Retail
Stories:
1
Road Frontage Type:
Main Thoroughfare
Taxes and Expenses
Tax Annual Amount:
$0.00
Parking
Covered Spaces:
0
Parking Features:
Common, Other, On Street
Utilities
Sewer:
Public Sewer
Electric:
3 Phase Electric
Water Source:
Public
Community
Senior Community:
No
Restrictions:
Zoning Restrictions
Terms
Listing Terms Considered by Seller:
Cash, Conventional, 1031 Exchange, Other
Occupant Type:
Vacant
Buyer Possession:
Closing And Funding
Zoning and Legal
Tax Legal Description:
COMMERCE ADDITION PB 2-97 LOTS 6 & 7 BLK 3 LOT SIZE 100.000 X 135 OR 12129-1266 0484 4 COC 23137-1691/1693/1696 0205 1 COC 23137-1699 0205 1
Real Estate Folio Number (Parcel Number):
10-79-18-006-0300
Zoning Description:
6300
Title to the property is held by owner as:
Self Proprietor/individual
Listing History
Originally published on:
March 20, 2026 1:26 pm
Active on the market since:
March 20, 2026
Price change occurred on:
March 17, 2026 6:50 pm
Listing Status Last Changed On:
March 20, 2026 1:26 pm
Photos updated on:
March 30, 2026 3:55 pm
Last Modified:
March 30, 2026 8:01 pm
Additional Information
Flood Zone:
X
Municipal Code:
10
Subdivision Number:
6
Courtesy of:
Royal Palm Real Estate Services LLC
Attribution:
Not provided
Location
Street Name:
Krome Ave
Street Number:
505
City:
Homestead
State:
Florida
Zip Code:
33030
County:
Miami-Dade
Latitude:
N25° 28' 28''
Longitude:
W81° 31' 22.5''
Street Direction Prefix:
N
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) 46 Good
☀️ O3 46 Good
🫁 PM2.5 42 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.