1851 N KROME AVE, Homestead, FL 33030

Parcel: 1079070210010 · Professional Service Bldg · Office Building · Zoning: 6800

Assessed Value (2025)
$324,440

Property Details

Baths
4
Living Sqft
5,063
Year Built
1949
Lot Sqft
27,336
Stories
1
PROFESSIONAL SERVICE BLDG : OFFICE BUILDING

Sales History

1
$282,000
1981-12-01
2
$380,000+35%
2015-04-30
PAULA KOSOVE ALGIBE LLC
3
$2,000,000+426%
2025-05-29
ALGIBE LLCMF GROUP INVESTMENTS LLC
4
$2,000,000
2025-06-16

Tax Assessment History

$324,440
Assessed (2025)
$1,669,565
Market Value
$324,440
Taxable Value
$6,605
Annual Tax
2024
$294,946
$1,670,436
2025
$324,440
$1,669,565
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $324,440 $1,669,565 $324,440 $6,605
2024 $294,946 $1,670,436 $294,946 $6,005

About 1851 N KROME AVE, Homestead, FL 33030

1851 N KROME AVE, Homestead, FL 33030 is a professional service bldg : office building built in 1949 with 5,063 square feet of living space on a 27,336 square foot lot. The property is currently owned by MF GROUP INVESTMENTS LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2025-06-16 for $2,000,000. There are 4 recorded sales for this property. The 2025 assessed value is $324,440 with a market value of $1,669,565.

This breaks down to $1,366,800 for the land and $302,765 for the building. The assessed value increased 10% from $294,946 in 2024. The median household income in this area is $82,820, and the median home value is $416,700.

The population density is 1,866 people per square mile. There are active mortgage liens totaling $1,673,809 recorded against this property. 1851 N KROME AVE, Homestead, FL 33030 is located in Homestead, Florida.

Property records, tax assessments, sales history, and ownership information for this Homestead property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1981 to 2025, with 4 recorded transactions in the public record. The current assessed value represents 16% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $395 per square foot — a key metric for comparing value across Homestead's real estate market..

Current Owner

MF GROUP INVESTMENTS LLC
14270 SW 29 ST, MIAMI, FL, 33175
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$4,293 — $7,937
Flood $400 — $800
Property/Wind $3,893 — $7,137

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$82,820
Median Home Value$416,700
Pop. Density1,866/sq mi

Neighborhood 33030

38.7%
Owner-Occ
61.3%
Investor
162
Flips (4yr)
2,345
New Biz (3yr)
Distress Risk
ELEVATED
41
View full risk analysis →

Mortgages

ACTIVE
$1,700,000
~$1,673,809 bal.
PORT 51 LENDING LLC · 2025-06-16
Est. Total Balance $1,673,809
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales