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    8th St & S US-1 Homestead, FL 33034

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    For Sale
    $10,000,000

    3.83 acres across 3 parcels in Homestead, Florida.

    Property size:
    3 SF
    Lot size:
    3.83 Acres

    Property Features for 8th St & S US-1

    General Information

    Size
    3 SF
    Lot size
    3.83 Acres

    Source: Matthew Rotolante, SIOR, CCIM Agent Matthew Rotolante, SIOR, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail Development Opportunity

    This is a prime retail development opportunity consisting of 3.83 acres in Homestead, FL. The site is an assemblage of three parcels. Lot 1 is a 0.90-acre (39,204 SF) parcel with frontage on US-1, providing high visibility across from CubeSmart Self Storage and neighboring major retailers such as Harbor Freight, The Waffle House, and Texas Roadhouse. Lot 2 spans 0.93 acres (40,669 SF) along SE 6th St, while Lot 3, a 2-acre (87,120 SF) parcel, is strategically located at the northwest corner of a signalized intersection on SW 8th St/Lucy St, offering exposure. The location is near Downtown Historic Homestead, with easy access to US-1 and Florida’s Turnpike Extension, providing a vital connection to the Florida Keys. The surrounding area features big-box retailers such as Publix, Target, and Home Depot. The site is ideal for high-visibility retail development, whether developed as individual parcels or a combined project. This assemblage provides developers with flexibility for standalone use or in combination with the other lots, in one of Homestead’s vibrant retail corridors.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Homestead
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.7387
    Latitude
    25.3018

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    FAQs

    What type of property is this?
    Commercial land - 3.83 acres across 3 parcels in Homestead, Florida.
    Where is this commercial land located?
    The property is located at 8th St & S US-1 Homestead, FL.
    What is the asking price?
    The asking price for this property is $10,000,000.
    What are key features of this property?
    This property features: - Prime 3.83-acre retail development opportunity in a thriving commercial hub.; - High visibility location with frontage on US-1 and a signalized intersection.; - Flexibility for standalone or combined retail development across three parcels.
    (305) 490-6526
    Request Owner's contact information
    8th St & S US-1 Homestead, FL 33034
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8th St & S US-1 Homestead, FL 33034
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