Rare covered land play in the core of downtown Homestead directly across from Homestead Station.
| Website: | https://www.nestseekers.com/5323750 |
|---|---|
| Address: | Homestead, FL 33030 |
| Ownership: | For Sale |
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| Type: | Retail |
Financials
Price:$3,950,000
Description
Rare covered land play in the core of downtown Homestead directly across from Homestead Station.
Fully assembled site with short-term income and flexible leases, allowing for near-term redevelopment under B-3 zoning (up to 6 stories).
The offering includes four (4) parcels (Folios: 10-7918-008-0010, 10-7918-008-0030, 10-7918-008-0060, and 10-7918-008-0070) and features an existing shopping center, a detached medical office building, and additional vacant land for future development.
The property is currently zoned highly desirable B-3. The existing structures have been renovated and brought up to code, including installation of new roofs.
Current in-place income totals $20,786 per month with 10 tenants all on one year lease expiring Dec 31st 2026.
The City will permit construction of a new building up to six (6) stories in height, providing significant upside and long-term redevelopment potential.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11975741
888 Biscayne Blvd # Unit CU9 Miami, FL 33132 Phone: +1 305-203-4555 Fax: +1 305-675-0745 | |
| Listing Courtesy of Dags Group & Associates | |