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    3Rd Ave Homestead, FL 33030

    For Sale
    $800,000

    Commercial development opportunity in Homestead, Florida, with mixed-use zoning.

    Lot size:
    0.69 Acres

    Property Features for 3Rd Ave

    General Information

    Lot size
    0.69 Acres

    Source: The Lab Realty Group, LLC Agent Christopher Nin

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

    Overview

    Commercial Land in Southwest Neighborhood

    This commercial land offers a development opportunity in the Southwest Planned Urban Neighborhood (SWPUN), situated parallel to the Miami-Dade Bus Way. The property is zoned Neighborhood Mixed Use (NMU), allowing for the construction of up to 5 stories. A range of uses are permitted, including residential-attached options, hotels, professional offices, and retail spaces. Additional possibilities include restaurants, grocery stores, convenience stores with gas sales, day care centers, community residential homes, funeral homes, churches, or places of worship. The sale consists of 2 lots totaling 30,256 square feet.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Homestead
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.482739
    Latitude
    25.470436

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    FAQs

    What type of property is this?
    Commercial land - Commercial development opportunity in Homestead, Florida, with mixed-use zoning.
    Where is this commercial land located?
    The property is located at 3Rd Ave Homestead, FL.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: - Prime location in the sought-after Southwest Planned Urban Neighborhood (SWPUN) parallel to the Miami-Dade Bus Way.; - Neighborhood Mixed Use (NMU) Subarea zoning allows for diverse development options.; - Potential to construct up to 5 stories.
    (786) 449-2729
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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
    3Rd Ave Homestead, FL 33030
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