238 NW 9th Avenue 4, Homestead, FL 33030 — MLS photo

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238 NW 9th Avenue 4, Homestead, FL 33030

Active · Industrial

$383,000

238 NW 9th Avenue 4, Homestead, FL 33030

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
2005
Lot size
1,409 sq ft
HOA fee
$360
Annual tax
—

About this property

Great 1,409 SF industrial condo built in 2005 to post Andrew Miami Dade standards with reinforced concrete construction in Homestead's industrial district. Features 12x14 roll up door, private office, restroom and parking. Zoned 6600 Commercial light manufacturing (LU4118) for flexible business use. Ideal for trades, storage.Prime Homestead location, minutes from US-1 and Florida Turnpike within an Opportunity Zone.

Property location

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238 NW 9th Avenue 4, Homestead, FL 33030

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
Industrial
Year built
2005
Lot size
1,409 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$360
County
Miami-Dade
MLS listing ID
F10534151
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

-$1,109

Cap rate
2.2%
Net yield
2.2%
Cash-on-cash return
-12.4%
Gross yield
6.6%
Mortgage payment
$1,816/mo
Down payment
$95,750
Loan amount
$287,250
Annual NOI
$8,478

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