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Development Land with Rezoning Potential
For Sale
$3,000,000

24540 SW 120th Avenue, Homestead, FL 33032

Commercial land offering rezoning possibilities for multifamily or commercial uses near the turnpike and daily necessities.

Property SizeContact for details
Days on Market63

Property Features for 24540 SW 120th Avenue

General Information

Standard status Active
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $9,214
Listing Agency: GOLDPEN REALTY GROUP
Listed By: JUAN FONG · License #A11967372
Source: Corcoran
Added: Jun 9 Changed: Aug 8 Last Checked: Jul 22 at 3:42AM

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 GOLDPEN REALTY GROUP

Investment Insights

Based on property information with market context.

This commercial land parcel presents an opportunity for investors and developers looking for space that can support different uses. The property is described as accessible and located within a fast-growing neighborhood, with convenience to everyday necessities.

According to the remarks, the site is only a couple minutes away from the turnpike, providing straightforward regional access. The area is characterized as centralized to daily needs, which may support a variety of redevelopment directions.

The public remarks specifically note possibilities to be rezoned for multifamily or commercial use. Interested parties should review rezoning requirements and feasibility directly, as no current zoning or entitlements are provided in the information available.

Key Highlights

  • Commercial land with possibilities to be rezoned for multifamily or commercial uses
  • Located near the turnpike, accessible in only a couple minutes
  • Positioned in a fast‑growing neighborhood and near daily necessities

Property Analytics

Current Use

Ricky Tiki Huts ... Construction Company

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Restaurant Spa & Massage Center 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

279
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Commercial land offering rezoning possibilities for multifamily or commercial uses near the turnpike and daily necessities.
Where is this residential land & home lot located?
The property is located at 24540 SW 120th Avenue Homestead, FL.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Commercial land with possibilities to be rezoned for multifamily or commercial uses; Located near the turnpike, accessible in only a couple minutes; Positioned in a fast‑growing neighborhood and near daily necessities
More about this property
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