Homestead, FL 33030 — MLS photo

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Homestead, FL 33030

Active · Retail

$2,985,000

Homestead, FL 33030

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1965
Lot size
16,789 sq ft
HOA fee
—
Annual tax
—

About this property

Busy, long-term, well established tire and auto repair shop in the heart of Homestead. Directly across the street from City Hall and near Miami-Dade College. Both business and real estate are for sale. Land bank for the future while getting income from a successful business.

Property location

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Homestead, FL 33030

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
Retail
Year built
1965
Lot size
16,789 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A11814818
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$5,842

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$14,150/mo
Down payment
$746,250
Loan amount
$2,238,750
Annual NOI
$99,704

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.