The Commercial Real Estate Located at 1554 NE 8 St, Homestead, FL 33033 has New Ownership as of April 27, 2016

This is a news story only, not a listing.

It has been officially reported that the property located at 1554 NE 8 St in Homestead within zip code 33033 and with the folio number 10-9170-005-0010 sold on April 27, 2016. The sale type was recorded as "Non-market financing or assumption of lease." Selling prices that have been recorded with the property appraiser frequently do not represent the whole story; thus full transaction details should be confirmed with the parties. Specific information about the buyer and seller in this transaction may be found by navigating to our property appraiser links for this property, clicking through on the link to "Main Page with Lot Outline, Aerial Views," then clicking through on the applicable sale on the date April 27, 2016 and with an amount of $9,900,000.00 about two thirds down the page, under the heading "Sales Information."

When considering this 1554 NE 8 St property sale one should consider other properties within its zip code 33033, some of which are currently for sale in this same zip code, as well as off-market listings in the area. Information on prior sales of area properties as well as current listings can be useful to gauge area pricing, but are not perfectly reliable. Current zip code 33033 demographics information, with a dizzying array of charts, can be informative, as can the Zip Code 33033 Commercial Property Investment Profile page, displaying metrics on sales trends, turnover, and more. Demographics for Homestead, the South Florida city in which the property is located, may also be worth reviewing.

It can also prove insightful to view other commercial property holdings of and other information related to the property's recent ownership . Finally, a review of nearby businesses and resources and area traffic levels can be insightful, allowing the prospective buyer to quickly get a feel for area commerce and resources.

A birdseye view of the property is displayed above and a street map of the location is below. Additional information on this property, including other sales transactions amounts and links directly to pages for this property at the Miami-Dade County Property Appraiser website, can be found at this site's information page for this property. Note that the above birdseye aerial view and map herein were generated using the address recorded with the county property appraiser for the folio entered for this listing and that they are provided on a best efforts basis only and are not guaranteed.

Update: This 1554 NE 8 St property in Homestead within the zip code 33033 in Florida has subsequently been reported by the Miami-Dade Property Appraiser to have 167,971 adjusted square feet of building that was built in 1995 showing an effective year built (also) of 1995. This 167,971 adjusted square footage of building puts it in the 150,000 to 200,000 square feet range. With 474,527 lot square footage, it is in the 400,000 to 500,000 square feet lot size range. Further, again on a date after the sale, the property is referenced by Miami-Dade county as zoned 6800 - COMMERCIAL - PROFESS OFFI with a land use of 0303 - MULTIFAMILY 10 UNITS PLUS : MULTIFAMILY 3 OR MORE UNITS. This Miami-Dade reference for zoning is believed to translate into B-1A zoning in Homestead, Florida, information about which may be found here. Any such (B-1A zoned properties) in may be found here. Note that since this was reported subsequent to the sale, it is possible these were different at the time of the sale. Also, commercial properties have been listed for sale near this one, including 29500 Old Dixie Hwy, 29645 S Dixie Hwy, 30365 S Dixie Hwy, 730 NE 18th Ave, SW 288 St.(APPROX) & SW 137 Ave, and others.