Home » Properties » 841 N Krome Ave, Homestead FL 33030

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30-Unit Motel Business Opportunity in Homestead, FL

Fully refurbished 30-unit motel on 9,907 sqft building in Homestead. Prime location with recent upgrades and easy access to amenities.

$4,300,000

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MLS #A11856538

Listing Updated: 2026-07-11 06:38:46

Listed By: The Keyes Company

Overview

This 30-unit motel located at 841 N Krome Ave in Homestead offers a turnkey business opportunity with a fully refurbished two-story building spanning 9,907 sqft on a 22,577 sqft lot. Built in 1957, the property has been updated with new plumbing, electrical systems, equipment, and surveillance cameras, ensuring functionality and security. Situated on busy Krome Avenue in downtown Homestead, the motel benefits from high visibility and convenient access to local amenities. Its strategic location near the gateway to the Florida Keys makes it attractive for travelers seeking accommodation in the area.

Property Highlights

30 fully refurbished units, 9,907 sqft building, 22,577 sqft lot, new plumbing and electrical systems, updated equipment, surveillance cameras, prime downtown Homestead location, easy access to amenities, proximity to Florida Keys gateway.

Property Details

City: Homestead

State: FL

Zip Code: 33030

Address: 841 N Krome Ave, Homestead FL 33030

Year Built: 1957

Property Type: Business Opportunity

Property Sub Type:

Listing Office Name: The Keyes Company

County: Miami-Dade County

Garage Spaces:

Parking Features: Common, Free Parking

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $15,549

Days On Market: 302 Days

Original Listing Description

Excellent Return on Investment – 30-Unit Turnkey Motel Numbers make sense!!! For sale: 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

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

841 N Krome Ave, Homestead FL 33030

About This Neighborhood

Located in downtown Homestead, this motel benefits from a vibrant neighborhood with access to various amenities. Krome Avenue is a busy thoroughfare offering visibility and easy transportation links. The area serves as a gateway to the Florida Keys, attracting tourists and visitors. Local shopping, dining, and essential services are within convenient reach, making the location practical for both business operations and guest convenience.

Walkability & Lifestyle

The motel’s location on Krome Avenue places it within walking distance of local shops, restaurants, and service providers. Guests and employees benefit from easy access to daily conveniences. The neighborhood’s walkability enhances the overall experience by providing options for dining and errands without requiring extensive travel. Nearby parks and recreational areas add to lifestyle quality.

Things To Do Nearby

Visitors staying at this motel can enjoy proximity to a variety of activities including dining, shopping, and exploring Homestead’s local attractions. The gateway location to the Florida Keys offers opportunities for boating, fishing, and beach visits. Nearby cultural and recreational venues provide entertainment options, making the area appealing for both short-term guests and longer stays.

Nearby Schools

The Homestead area offers access to various educational institutions suitable for families residing nearby or employees relocating to the region. Schools in the vicinity provide convenient options for daily commuting. The neighborhood’s community infrastructure supports educational needs, adding to the overall appeal of the location for long-term residents and workers.

Why Buyers Like This Area

Buyers appreciate this property for its turnkey condition, strategic location on a busy avenue, and proximity to the Florida Keys. The motel’s recent upgrades reduce immediate maintenance needs, while the location ensures steady guest traffic. Its position in downtown Homestead offers convenience and visibility, making it a practical choice for hospitality business owners seeking an established operation.

Investment Potential

This 30-unit motel in Homestead presents a solid business opportunity due to its prime location on Krome Avenue and recent property upgrades. The motel’s proximity to the Florida Keys gateway attracts steady traveler interest, supporting consistent occupancy potential. The updated infrastructure, including new plumbing and electrical systems, enhances operational reliability. Buyers seeking an established hospitality business with turnkey readiness will find this property appealing.

Market Trends

The Homestead market shows steady demand for hospitality properties due to its strategic position near the Florida Keys and Miami metropolitan area. Properties with updated facilities and good locations on main roads tend to maintain interest among buyers. Inventory for turnkey motels is limited, enhancing the appeal of well-maintained assets. Long-term interest in this market is supported by tourism and local economic activity.

Rental Income Potential

This motel’s location near a major tourist route and the Florida Keys gateway supports strong rental appeal. Seasonal visitor flows contribute to consistent tenant interest, especially for travelers seeking convenient, accessible accommodations. The recent upgrades and turnkey condition reduce management challenges, making it attractive for operators focused on steady occupancy. While income can vary, the property’s usability and location enhance its rental potential.