Miami-Dade Authorities Note that the Commercial Property with an Address of 503 S Krome Ave, Homestead, FL 33030 was Traded on October 19, 2021

This is a news story only, not a listing.

It has been officially reported that the property located at 503 S Krome Ave in Homestead within zip code 33030 and with the folio number 10-9180-009-0010 sold on October 19, 2021. The sale type was recorded as "Qual on DOS, multi-parcel sale." Sales prices as recorded by the property appraiser frequently do not represent the whole story; thus full transaction details should be confirmed with the parties. In particular for this commercial property sale, since this is noted by the county as a multi-parcel sale, it is likely that the price reported as paid is for more than just this one folio. 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 October 19, 2021 and with an amount of $5,400,000.00 about two thirds down the page, under the heading "Sales Information."

When considering this 503 S Krome Ave property sale one should consider other properties within its zip code 33030, 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 33030 demographics information, with a dizzying array of charts, can be informative, as can the Zip Code 33030 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 503 S Krome Ave property in Homestead within the zip code 33030 in Florida has subsequently been reported by the Miami-Dade Property Appraiser to have 0 adjusted square feet of building that was built in an unknown (not recorded) year showing an effective year built (also) of an unknown (not recorded) year. Having 55,372 square feet of lot, one would generally place it in a 50,000 to 75,000 square feet (lot size) range. Further, again on a date after the sale, the property is referenced by Miami-Dade county as zoned 6200 - COMMERCIAL - ARTERIAL with a land use of 1081 - VACANT LAND - COMMERCIAL : VACANT LAND. This Miami-Dade reference for zoning is believed to translate into SWPUN-COM zoning in Homestead, Florida, information about which may be found here. Any such (SWPUN-COM 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. Further, other commercial properties are now offered for purchase near this one, including those with the addresses 105 NE 1st RD, 106 SW 5th Ave, 109 SW 4th St, 1106-1122 N Flagler Ave, 143 N Flagler Ave, 233 N Krome Ave, 236 SW 6th Ave # 236, 240 SW 6th Ave # 240, 304XX SW 217 Ave, 31 NW 4th St, 312 SW 4 ST, 3rd Ave, 412 W Mowry Dr, 416 NW 10th Ave # 416, 504 W Mowry Dr, 507 N Krome Ave, 512 SW 6th Ave, 633 N Krome Ave, 637 W Mowry Dr, 655 SW 5th St, 706 SW 5th St, 720 SW 6th Ave, 911 W Mowry Dr, 941 N Krome Ave, and others.