Shopping Center Retail
14116 SW 288th St 14116, Homestead, FL 33033
For Sale
Contact for pricing
Retail space with Turnpike access, established co-tenancy, and exposure along an active commercial corridor.
Property Size33,000 SF
Days on Market52
Property Features for 14116 SW 288th St 14116
General Information
Standard status
Size
Property subtype
Site & Location
Traffic Count
Highway Access
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Listing Agency:
Castillo & Associates Real Estate, Inc.
Listed By:
Maydelin Castillo Florez · License FL A11963299
(305) 778-5383
Source:
Elliman
Added: Sep 19
Changed: Nov 4
Last Checked: Nov 8 at 6:36AM
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 Castillo & Associates Real Estate, Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Retail space is available within Biscayne Shopping Center at 14116 SW 288th Street in Homestead. The center supports a range of commercial uses identified in the property information, including quick-service food, healthcare and medical services, specialty food and beverage, retail, and personal or professional services.
The property is positioned just off Florida’s Turnpike Exit 5 along SW 288th Street, where reported daily traffic is approximately 41,000 vehicles. Existing occupants include HCA Florida South Dade Emergency, Eco Gas, Minimarket, Discovery Montessori, and Above and Beyond Daycare, creating a varied tenant roster and regular activity at the center. Walk Score is 33, Bike Score is 69, and Transit Score is 23.
The property is positioned just off Florida’s Turnpike Exit 5 along SW 288th Street, where reported daily traffic is approximately 41,000 vehicles. Existing occupants include HCA Florida South Dade Emergency, Eco Gas, Minimarket, Discovery Montessori, and Above and Beyond Daycare, creating a varied tenant roster and regular activity at the center. Walk Score is 33, Bike Score is 69, and Transit Score is 23.
Key Highlights
- Approximately 41,000 vehicles travel daily on SW 288th Street
- Located just off Florida’s Turnpike Exit 5
- Established tenant mix includes HCA Florida South Dade Emergency and Discovery Montessori
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$400,790
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,015,800
$8.0M
Cap Rate 7%
$5,725,571
$5.7M
Cap Rate 9%
$4,453,222
$4.5M
Market Conditions
NOI Build-Up for 33,000 SF
Gross rent
$605.9K $18.36/SF
− Vacancy
−$33.3K −$1.01/SF
EGI
$572.6K $17.35/SF
− OpEx
−$171.8K −$5.21/SF
NOI
$400.8K $12.15/SF
Area
Miami-Dade County, FL
Vacancy
5.50%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,015,800
Cap Rate 7%
$5,725,571
Cap Rate 9%
$4,453,222
Alternative Uses
Best Use
Retail
$5.73M
$5.01M – $6.68M
NOI $400,790 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$18.02M
$15.77M – $21.02M
NOI $1,261,434 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
41,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
410
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33033, FL
66,871
Population
21,426
Households
3.1
Avg Household Size
34
Median Age
23%
College-Educated
79%
High-School Grad
22.3 sq mi
ZIP Area
2,999
Density / Sq Mi
$66,662
Median Household Income
$37,018
Median Earnings
$1,648
Median Rent
$364,700
Median Home Value
Market
Average Price Trend$/SF for Shopping centers in Miami-Dade County, FL
Properties on Market for Shopping centers in Miami-Dade County
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Shopping center - Retail space with Turnpike access, established co-tenancy, and exposure along an active commercial corridor.
Where is this shopping center located?
The property is located at 14116 SW 288th St 14116 Homestead, FL.
What are key features of this property?
This property features: Approximately 41,000 vehicles travel daily on SW 288th Street; Located just off Florida’s Turnpike Exit 5; Established tenant mix includes HCA Florida South Dade Emergency and Discovery Montessori
