22433 Southwest 217th Avenue Homestead, FL 33031

This property competes on land efficiency, lower-density surroundings, and functional access to South Dade transportation corridors. This positioning may be attractive to occupiers seeking operational flexibility without paying the pricing typically associated with more urbanized Miami locations. The property benefits from being within the broader Miami-Dade County economy. Miami-Dade commercial sales volume reached $4.8 billion in the first three quarters of 2024, with retail dollar volume up 44% and office dollar volume up 10%, while industrial median sale prices rose 16%. Miami industrial vacancy was at 6.0% in Q2 2025, with Class B vacancy at 4.3% and Class C vacancy at 3.5%, while asking rents increased to $17.38 PSF NNN. Miami-Dade retail vacancy was at 3.0% at year-end 2025 with average asking rent at $49.55 PSF and more than 72.0% of newly delivered retail pre-leased. The property sits within a county economy that continues to attract business investment despite higher capital costs. Miami-Dade County GDP reached approximately $260.8 billion in 2024. Miami-Dade County’s unemployment rate was 2.4% in November 2024. Homestead’s growth narrative is increasingly tied to infrastructure and economic diversification. Homestead Air Reserve Base has been highlighted as part of the city’s emerging aerospace and spaceport strategy, while city leadership has also emphasized infrastructure upgrades, beautification, and economic development initiatives intended to support future business formation. The 1-mile population declined from 4,621 in 2020 to 3,361 in 2024, and the 3-mile population declined from 9,147 to 7,295 over the same period, while the 5-mile population increased from 22,342 to 22,918. The property’s strongest demand case is about access to the broader 5-mile South Dade base, countywide connectivity, and specialized use compatibility.