611 SW 8th Ave

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611 SW 8th Ave

Homestead, FL 33030
Asking Price
$445K
Asset Type
Office
Class
Class B

What's Special

611 SW 8th Ave is located in the heart of Homestead, Florida, situated within a mixed-use neighborhood characterized by residential communities and local commercial hubs. The property offers proximity to the Homestead City Hall and the revitalized downtown district, providing access to various municipal services, dining, and retail amenities. Transportation access is supported by its location near Krome Avenue and US-1, providing transit links to the Florida Turnpike and the greater Miami-Dade area. The building is suited for professional services, including legal, accounting, or administrative offices. Its layout and location accommodate small to mid-sized firms seeking a central presence within the South Dade submarket. The property is also appropriate for satellite corporate offices or medical-administrative use cases, serving a tenant profile that prioritizes local accessibility and proximity to Homestead’s primary business corridors.

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NOI
$80,000
Cap Rate
17.98%
DSCR
3.03
Strong
Cash-on-Cash
40.14%
Monthly Payment
$2,201.617
Annual Cash Flow
$53,580.594

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