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    US-1 SW 274Th St Homestead, FL 33032

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    For Sale
    $3,250,000

    3+ acre lakefront site for high-density multifamily development.

    Property size:
    3 SF
    Lot size:
    3.00 Acres

    Property Features for US-1 SW 274Th St

    General Information

    Size
    3 SF
    Lot size
    3.00 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

    Lakefront Multifamily Development Land

    This 3+ acre lakefront development site is located in South Miami-Dade County. The property is zoned for high-density multifamily development, allowing for up to 70 units. It is situated adjacent to a retail center anchored by Fresco Y Mas (Winn Dixie), which provides access to grocery, dining, shopping, a gym, and healthcare services. The site is within walking distance of the South Miami-Dade Busway Station, offering connections to the MetroRail at Dadeland Station via US-1. The current MC zoning allows for a total density of approximately 70 multifamily units, suitable for a Garden Style, Surface Park development. The property is located near elementary and senior high schools. It is located near US-1 S Dixie Hwy and the Miami Dade Busway, and 5 minutes west of Florida's Turnpike. Adjacent businesses include Winn Dixie, a 24-hour gym, a primary care doctor, Family Dollar, and a self-storage facility.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Homestead
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.422748
    Latitude
    25.512406

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    FAQs

    What type of property is this?
    Land - 3+ acre lakefront site for high-density multifamily development.
    Where is this land located?
    The property is located at US-1 SW 274Th St Homestead, FL.
    What is the asking price?
    The asking price for this property is $3,250,000.
    What are key features of this property?
    This property features: - 3+ acre lakefront development site, suitable for high-density multifamily development (up to 70 units).; - Adjacent to a Fresco Y Mas (Winn Dixie) grocery-anchored retail center offering grocery, dining, shopping, gym, and healthcare options.; - Convenient access to Miami's major urban districts and employment centers.
    (305) 490-6526
    Request Owner's contact information
    US-1 SW 274Th St Homestead, FL 33032
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    Homestead, FL 33032
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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
    US-1 SW 274Th St Homestead, FL 33032
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