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841 N Krome Ave 50 Room Hotel Homestead, FL 33030 $4,500,000 ($90,000/Room)
INVESTMENT HIGHLIGHTS
- Great Return on Investment
- Turn Key Operation
- Mint Condition
- 30 Unit Motel - Refurbished
- New Plumbing - New Electric - New equpment
EXECUTIVE SUMMARY
Excellent Investment Opportunity – 30-Unit Turnkey Motel
For sale: NUMBERS MAKE SENSE a fully refurbished 30-unit motel in above-average condition, featuring a 9,907 SF two-story building on a 22,577 SF lot. Recent upgrades include new plumbing, updated electrical systems, new equipment and surveillance cameras. Prime location on busy Krome Avenue in downtown Homestead, close to all amenities with convenient access. Located in Homestead the gateway to the Florida Keys. Call listing agent.
For sale: NUMBERS MAKE SENSE a fully refurbished 30-unit motel in above-average condition, featuring a 9,907 SF two-story building on a 22,577 SF lot. Recent upgrades include new plumbing, updated electrical systems, new equipment and surveillance cameras. Prime location on busy Krome Avenue in downtown Homestead, close to all amenities with convenient access. Located in Homestead the gateway to the Florida Keys. Call listing agent.
PROPERTY FACTS
| Price | $4,500,000 | No. Rooms | 50 |
| Price Per Room | $90,000 | No. Stories | 2 |
| Sale Type | Investment | Year Built/Renovated | 1957/2024 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Hotel | Parking Ratio | 1.11/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.50 AC | Opportunity Zone |
Yes
|
| Building Size | 11,976 SF | ||
| Zoning | 6300 - B-1-RETAIL COMMERCIAL RESTRICTED BUSINESS DISTRICT | ||
| Price | $4,500,000 |
| Price Per Room | $90,000 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.50 AC |
| Building Size | 11,976 SF |
| No. Rooms | 50 |
| No. Stories | 2 |
| Year Built/Renovated | 1957/2024 |
| Tenancy | Single |
| Parking Ratio | 1.11/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | 6300 - B-1-RETAIL COMMERCIAL RESTRICTED BUSINESS DISTRICT |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 50 | $70.00 | - |
1 1
Walk Score®
Very Walkable (88)
Bike Score®
Very Bikeable (85)
PROPERTY TAXES
| Parcel Number | 10-7907-031-0011 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $447,714 |
PROPERTY TAXES
Parcel Number
10-7907-031-0011
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$447,714
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841 N Krome Ave
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