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31999186
31998456

1202 N Krome Ave, Florida City, FL 33034 For Sale

AK
FL SL3115103
Kabani Hotel Group
SD
BK3430604
Kabani Hotel Group
Listed by Kabani Hotel Group
$5,250,000
81 days on market
Updated 6 days ago

Super 8 Miami Dade County

Details
APN 16-7824-020-1061, 16-7824-020-1110
Property Type Hospitality
Sub Type Hotel, Motel
Keys 52
Tenancy Single
Class B
Year Built 1979
Stories 1
Acreage 1.720
Investment Type Value Add
Ownership Fee Simple

Hospitality | 52 Keys

Marketing description

Kabani Hotel Group, as the exclusive representative of the seller, is pleased to present the 52-room Super 8 Hotel in Florida City, Florida. Strategically positioned in the Miami MSA, the property serves as one of the last stops before entering the Florida Keys and is located within one of the final remaining corridors for commercial expansion in South Miami-Dade. Located along N Krome Avenue with immediate access to US-1 and the Florida Turnpike, the property benefits from strong visibility and accessibility. The asset features durable concrete construction and an exceptionally well-maintained physical plant, resulting in minimal near-term capital requirements and limited anticipated PIP upon transfer.

The property benefits from consistent year-round demand driven by its proximity to major leisure destinations, including Everglades National Park and Biscayne National Park, as well as its location at the entrance to the Florida Keys. Additional demand is supported by nearby drivers such as Miami Dade College - Homestead, Baptist Health Hospital, Homestead-Miami Speedway, and Homestead Air Reserve Base.

From an investment perspective, the asset offers an opportunity for an owner-operator to acquire a manageable, cash-flowing hotel with operational upside. The 52-room configuration allows for efficient staffing and expense control, with additional upside through revenue management and operational efficiencies. With limited near-term capital needs and strong demand fundamentals, the property is well positioned to deliver stable cash flow with potential for growth.

Investment highlights

PROPERTY HIGHLIGHTS

  • Minimal Near-Term Capital Requirements | Property has been well maintained with limited deferred maintenance and minimal anticipated PIP upon transfer.
  • Southern Miami-Dade Growth Frontier | Located in one of South Florida's last remaining corridors for expansion, serving as a high-barrier-to-entry "choke point" for all transient traffic entering the Florida Keys.
  • Manager’s Apartment | 2-bedroom / 2-bath unit on-site for ownership or staff housing.
  • High-Volume Transit Node | Excellent visibility on N Krome Ave (15,400 AADT) with immediate access to US-1 (30k+ AADT) and the Florida Turnpike (51k+ AADT).
  • Operations | 52-room configuration offers a manageable operational footprint with the ability to optimize expenses and maximize profitability for hands-on ownership.
  • Concrete Construction | Built in 1979 with durable concrete construction.

LOCATION HIGHLIGHTS

  • Adjacent – Krome Ave (14,500 AADT)
  • 0.1 Miles – US Route 1 (33,000 AADT)
  • 0.1 Miles – Florida Turnpike (51,000 AADT)
  • 1.2 Miles – Miami Dade College – Homestead
  • 3.2 Miles – Homestead Sports Complex
  • 3.7 Miles – Coral Castle Museum
  • 4.0 Miles – Baptist Health Hospital
  • 5.2 Miles – Homestead-Miami Speedway
  • 8.3 Miles – Homestead Air Reserve Base
  • 9.1 Miles – Homestead Bayfront Park
  • 9.2 Miles – Biscayne National Park
  • 9.8 Miles – Everglades National Park
  • 15.3 Miles – Florida Keys

Listing Contacts

AK
FL SL3115103
Kabani Hotel Group
SD
BK3430604
Kabani Hotel Group
Listed by Kabani Hotel Group

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Additional Information

Name
Ahmed Kabani
License
SL3115103
Brokerage
Kabni Hotel Group Inc
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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