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Property Description

±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.rnrnThe 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.rnrnThe property is currently zoned highly desirable B-3. The existing structures have been renovated and brought up to code, including installation of new roofs.rnrnCurrent in-place income totals $20,786 per month with 10 tenants all on one year lease expiring Dec 31st 2026.rnrnThe City will permit construction of a new building up to six (6) stories in height, providing significant upside and long-term redevelopment potential.

Address Map
FL
Miami-Dade County
Homestead
33030
131 S Flagler Ave
W81° 31' 22.8''
N25° 28' 5.3''
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03/03/2026 19:10:20

131 S Flagler Ave, Homestead, Florida 33030

$4,000,000
49,875 size sq.ft.
Listing ID #A11975741
Basic Details
Property Type Commercial Sale
Listing Type For Sale
Listing ID A11975741
Price $4,000,000
Year Built 1926
Days on Market 9
Building Area 17,908 Sqft
Status Active
Property SubType Retail
Lot Area 49,875 Sqft
List Date 2026-03-24
On Market Date 03/03/2026
Elena Beck
MiamiInvestrealty
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