Public market commentary. This property is not listed for sale by Justin Crow · Mattis Advisors.

1350 NW 4 St

Homestead, FL 33030  ·  Warehouse/Distribution  ·  Folio 1078130570080
Building
8,480
square feet
Lot
29,620
0.68 acres
Year built
1979
47 years old
Assessed value
$1,442,000
$170/SF assessed

Ownership and recorded sale history

Owner of recordREDLAND WAREHOUSE LLC
Entity statusActive — Florida Division of Corporations
Last recorded sale2023 — $2,620,400
At that sale$309/SF
Years since3 years
Miami-Dade County Property Appraiser and Florida Division of Corporations. Public records; may lag actual events.

What has actually traded in Downtown Homestead / Krome Avenue

Recorded transactions for industrial properties in downtown Homestead along Krome and Flagler Avenues, narrowed to the buildings closest to this one in size and age.

Recorded sales
8
2021–2026
Median price/SF
$209
$97 – $351
Median size
8,415
square feet
Median vintage
1978
year built
Computed across the 8 sales listed below — the closest matches to this building by size and vintage. Transfers under $100,000, multi-parcel portfolio deals that cannot be allocated, and land-dominant parcels are excluded.

Reading this against the corridor

The county assesses this building at $170/SF. Recorded sales of industrial properties in Downtown Homestead / Krome Avenue since 2021 have a median of $209/SF, across a range of $97/SF to $351/SF.

Across those 8 recorded sales, the median sale price came in at 1.44× the county assessed value. Assessed values are set for taxation and are reset on their own schedule, so they routinely sit apart from transaction prices — in either direction.

By footprint it sits in roughly the 62th percentile of industrial properties that have traded in this corridor — 9 of the 24 recorded sales were of larger buildings.

The assessment works out 19% below the median price per square foot of the comparable sales shown below. That is an arithmetic comparison of a tax figure against transaction prices, not a statement about what this building would sell for.

What this means for this building depends on what no public record contains — the leases, the condition, the rent roll.

Recorded sales of comparable size and vintage

PropertySizeBuiltSoldPricePer SF
1301 NW 2 St
Light Manufacturing
11,30819842026$3,495,500$309
212 SW 6 Ave 212 + 4 more parcels
Light Manufacturing · combined 5,170 SF portfolio sale
5,17019792026$500,000$97
1106 N Flagler Ave
Light Manufacturing
10,30819472025$2,602,300$252
412 W Mowry Dr
Heavy Manufacturing
7,95219772025$1,590,000$200
55 SW 8 St
Repair Service Shop
4,09519632025$399,000$97
145 SW 3 Ave
Light Manufacturing
10,11219662024$2,200,000$218
1320 Old Dixie Hwy
Warehouse/Distribution
5,55020042022$1,950,000$351
729 S Krome Ave + 1 more parcel
Warehouse/Distribution · combined 8,878 SF portfolio sale
8,87819992021$1,450,000$163
Recorded sale prices from Miami-Dade County public records. Comparable transactions — not an appraisal, and not an opinion of value for this or any property.

Important Disclosures

Not a listing. The property described on this page is not listed for sale or lease by Justin Crow or Mattis Advisors. Justin Crow has no listing authority for this property and does not represent the owner unless explicitly engaged in a written agreement.

Not an appraisal. Nothing on this page constitutes an appraisal, a Broker's Opinion of Value, or a Broker Price Opinion under Florida Statute 475.612. The submarket benchmarks shown are general market observations and are not specific opinions of value for this property.

Public records. All property data is sourced from the Miami-Dade County Property Appraiser's public records and is reproduced here for informational purposes. Property data may be inaccurate or out of date. Justin Crow makes no warranty as to the accuracy or completeness of any information on this page.

Owner opt-out. If you are the owner of this property and would prefer this page be removed, please email justin@mattisadvisors.com with the subject "Opt-out — Folio 1078130570080." We will remove the page within 24 hours of receipt, no questions asked.

About. Justin Crow is a Florida-licensed real estate associate operating under Mattis Advisors. Brokerage activity is conducted through Mattis Advisors.