Description

Excellent Return on Investment – 30-Unit Turnkey Motel – Turn Key Operation
For sale: Numbers make sense – a fully refurbished 30-unit independent motel in above-average condition, featuring a 9,907 SF two-story building on a 22,577 SF lot. Prime location on busy Krome Avenue – State Road 997 – in downtown Homestead, close to all amenities with convenient access. Located in Homestead, the gateway to the Florida Keys.

Address

Open on Google Maps

Address: Krome Ave
City: Homestead
State/county: Miami-Dade County
Zip/Postal Code: 33030

Details

Updated on March 3, 2026 at 3:47 am

Property ID A11856148
Price $4,300,000
Year Built 1957
Type Hotel/Motel
Property Status Commercial Sale

Additional details

BuildingAreaTotal 9907
BuildingAreaUnits Square Feet
BusinessType Hotel/Motel
ContractStatusChangeDate 2025-08-08
Cooling Central Building A/C, Central Individual A/C
DaysOnMarket 206
ExpirationDate 2026-08-07
Heating Central Electric
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 305-785-2687
LotSizeSquareFeet 21577
MajorChangeTimestamp March 2, 2026 at 10:07pm
MajorChangeType Price Decrease
MlsStatus Active
ModificationTimestamp March 2, 2026 at 10:07pm
NumberOfUnitsInCommunity 30
OnMarketDate 2025-08-08
OriginalEntryTimestamp August 13, 2025 at 06:26pm
OriginalListPrice 5000000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 10-79-07-031-0011
PhotosChangeTimestamp August 13, 2025 at 06:30pm
PhotosCount 21
PostalCodePlus4 4406
PreviousListPrice 4500000
PriceChangeTimestamp March 2, 2026 at 10:07pm
PublicSurveyRange 79
PublicSurveyTownship 79
RoadFrontageType Interstate
ShowingContactType Agent
ShowingInstructions Call Listing Agent
SourceSystemKey 419091499
SpecialListingConditions Sale
StateOrProvince FL
StatusChangeTimestamp August 13, 2025 at 06:26pm
StreetDirPrefix N
StreetName Krome Ave
StreetNumber 841
StreetNumberNumeric 841
StructureType Hotel
SyndicationRemarks Excellent Return on Investment – 30-Unit Turnkey Motel - Turn Key Operation For sale: Numbers make sense - a fully refurbished 30-unit independent motel in above-average condition, featuring a 9, 907 SF two-story building on a 22, 577 SF lot. Prime location on busy Krome Avenue – State Road 997 - in downtown Homestead, close to all amenities with convenient access. Located in Homestead, the gateway to the Florida Keys.
TaxAnnualAmount 15549
TaxLegalDescription 7 57 39 TATUM RIDGEDALE RESUB PB 7-154 PORT OF LOTS 1 2 & 6 COMM 80FTS OF NW COR OF LOT 1 FOR POB TH S 89 DEG E 14FT S 00 DEG W 7.83FT S 89
WaterSource Public
Zoning 6300