1550 N KROME AVE, Homestead, FL 33030

1550 N KROME AVE, Homestead, FL 33030 is a financial institution : office building built in 1979 with 38,877 square feet of living space on a 105,782 square foot lot. The property is currently owned by SBKHOFL001 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 2025-02-26 for $9,390,300, when SOUTHSTATE BANK NA sold to SBKHOFL001 LLC. The property has appreciated $5,890,300 (168%) since the prior sale of $3,500,000 on 2002-03-01. There are 3 recorded sales for this property.

The 2025 assessed value is $4,400,000 with a market value of $4,400,000. This breaks down to $2,961,896 for the land and $1,438,104 for the building. The assessed value increased 0% from $4,390,000 in 2024.

This property is located in FEMA Flood Zone AH, indicating shallow flooding areas with ponding potential. Flood insurance is typically required. The median household income in this area is $117,733, and the median home value is $364,400.

The population density is 2,462 people per square mile. 1550 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 available through Miami-Dade County public records.

The complete ownership history of this property spans from 1998 to 2025, with 3 recorded transactions in the public record. The current assessed value represents 47% 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 $242 per square foot — a key metric for comparing value across Homestead's real estate market..