Newly Constructed Multifamily
For Sale
Contact for pricing
26720 Old Dixie Hwy, Homestead, FL 33032
32-unit multifamily community completed in 2023 in South Miami-Dade.
Property SizeContact for details
Days on Market140
Property Features for 26720 Old Dixie Hwy
General Information
Standard status
Active
Class
A
Property subtype
Multifamily
Building Details
Year Built
2023
Stories
3
Units
32
Listing Agency:
Cushman & Wakefield - Miami, Florida
(305) 613-4507
Listed By:
Virgilio Fernandez · License #SL3397219
Source:
Crexi
Added: Mar 27
Changed: Aug 8
Last Checked: Aug 12 at 9:45AM
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 Cushman & Wakefield - Miami, Florida
Investment Insights
Based on property information with market context.
Dixie Village is a newly constructed, cash-flowing 32-unit multifamily community located along Old Dixie Highway in the rapidly expanding South Miami-Dade / Homestead submarket. Completed in 2023, the property delivers immediate, stable income supported by modern construction, efficient unit layouts, and finishes that align with today’s workforce renter demand. The asset is currently operating below prevailing market rents, providing a clear path for upside through organic rent growth. Strong demographic trends, sustained population growth, and significant public infrastructure investment continue to support long-term demand in the surrounding submarket. Dixie Village benefits from excellent regional connectivity via US-1 and the South Dade Transitway, offering convenient access to major employment centers throughout South Miami-Dade County.
Key Highlights
- Newly constructed in 2023, offering modern construction and appeal.
- Currently cash‑flowing with immediate, stable income.
- Upside potential through organic rent growth due to below‑market rents.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,030
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 32-unit multifamily community completed in 2023 in South Miami-Dade.
Where is this apartment building located?
The property is located at 26720 Old Dixie Hwy Homestead, FL.
What is the asking price?
The asking price for this property is $9,500,000.
What are key features of this property?
This property features: Newly constructed in 2023, offering modern construction and appeal.; Currently cash‑flowing with immediate, stable income.; Upside potential through organic rent growth due to below‑market rents.
