60 NE 16th St

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60 NE 16th St

Homestead, FL 33030
Asking Price
Contact for price
Asset Type
Traditional Office Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Traditional office space spanning 1,800 square feet
  • Located at 60 NE 16th St in Homestead
  • Situated within the developing South Florida market
  • Well-suited for corporate or professional business operations

What's Special

Professional services firms and local businesses can leverage this 1,800-square-foot traditional office space for daily operations in Homestead. The facility provides a functional layout suitable for corporate administrative tasks, client consultations, or a satellite office footprint within the Miami-Dade County region. The location benefits from its positioning in a growing area of South Florida, offering accessibility to the local workforce and regional transit routes. The surrounding submarket continues to experience steady demand for commercial real estate as the local economy expands. With its straightforward design, the property serves as a practical solution for firms seeking a dedicated workspace that supports consistent business activity and professional client interaction. Investors and business owners will find this asset aligns with requirements for long-term operational stability.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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