Prime corner property with direct exposure & on highly traveled Krome Avenue! Approx. 4800 SF total with 22 parking spaces, 1-car carport & 1-car garage on 20k+ SF lot. Building features two units: a +/-2500 SF turnkey permitted daycare center and a +/-2300 SF physician office leased at $6k/month with 5% annual increases & 3 years remaining. Daycare space also available for lease at $7300/month with 5% annual increases and includes $150K+ in renovations, new HVAC & fire suppression/sprinkler system, classrooms, full kitchen, 2 half baths, 1 full bath, fenced play area & ample storage. Physician side offers exam rooms, break room, 2 half baths & storage. Newer roof and 40-year inspection completed in 2021. Great owner-user or investment opportunity with income potential. Owner financing with $800,000 down, 8% interest only, amortized over 30 years to balloon in 2 years.
999 N Krome Ave, Homestead, FL, 33030
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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