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Mixed-Use Development Land
For Sale
$23,750,000

13701 SW 248th St, Homestead, FL 33032

9.28± acre site with a proposed 846-unit mixed-use development and approximately 90,000 SF of ground-floor retail.

Property SizeContact for details
Days on Market8

Property Features for 13701 SW 248th St

General Information

Standard status Active
Property subtype Commercial
Listing Agency: RE/MAX 360 Real Estate | Coral Gables
Listed By: Agustin Duarte · License #3284824
Source: Elliman
Added: Jul 28 Changed: Jul 29 Last Checked: Aug 3 at 10:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX 360 Real Estate | Coral Gables

Investment Insights

Based on property information with market context.

This 9.28± acre mixed-use development site is positioned for a transit-oriented, high-density project. The current proposal calls for 846 multifamily residential units in 8- to 12-story buildings, complemented by approximately 90,000 SF of ground-floor commercial space intended to support a live-work-shop environment.

The property is located along SW 137th Avenue in the Princeton submarket of South Miami-Dade. Public remarks note convenient access to Florida’s Turnpike, US-1, and the South Dade Transit Corridor, with walk/transit attributes described as car-dependent to some transit.

As a development parcel, the asset is being marketed specifically for large-scale mixed-use redevelopment based on the included conceptual program and supporting transit-oriented framework referenced in the remarks.

Key Highlights

  • 9.28± acre mixed‑use development site in South Miami‑Dade’s Princeton submarket
  • Proposed 846 multifamily residential units in 8- to 12‑story buildings
  • Approximately 90,000 SF of ground‑floor commercial space included with the proposal

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Building Supply Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

351
Businesses Nearby

Demographics for 33032, FL

58,727
Population
19,102
Households
3.1
Avg Household Size
34
Median Age
24%
College-Educated
83%
High-School Grad
18.2 sq mi
ZIP Area
3,227
Density / Sq Mi
$74,995
Median Household Income
$36,515
Median Earnings
$1,626
Median Rent
$374,700
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 9.28± acre site with a proposed 846-unit mixed-use development and approximately 90,000 SF of ground-floor retail.
Where is this commercial land located?
The property is located at 13701 SW 248th St Homestead, FL.
What is the asking price?
The asking price for this property is $23,750,000.
What are key features of this property?
This property features: 9.28± acre mixed‑use development site in South Miami‑Dade’s Princeton submarket; Proposed 846 multifamily residential units in 8- to 12‑story buildings; Approximately 90,000 SF of ground‑floor commercial space included with the proposal
More about this property
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