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    6Th Ct Homestead, FL 33030

    For Sale
    $195,000

    Two lots, 8000 sq ft, prime Homestead location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional multifamily investment opportunity encompasses two combined parcels totaling 8,000 square feet of land in the thriving city of Homestead, Florida. Located just five blocks from the newly developed downtown entertainment district, this property presents a unique chance to capitalize on Homestead's rapid growth. The land is strategically situated within a designated Opportunity Zone, offering significant tax advantages for investors. Furthermore, its proximity to the SMART Rapid Bus Transit System ensures convenient access to public transportation. The area is experiencing a surge in development, with several notable projects underway, including the Triangle Project, Soleste Midtown, Medsquare Homestead, and Ocean Gate Village-Lennar. This prime location, coupled with the substantial land area and advantageous zoning, makes this property an ideal investment for those seeking high-growth potential in a dynamic Florida market. The asking price for this combined land parcel is $195,000. The property is classified as multifamily, offering versatile development possibilities. This is a rare opportunity to acquire a significant land holding in a rapidly expanding area of South Florida. The address is SW 6th Court, Homestead, Florida, 33030, within Miami-Dade County.

    Property Features for 0 6Th Ct

    General Information

    Property type
    Multifamily properties

    HighLights

    • 8,000 SF multifamily land parcel in Homestead, FL, priced at $195,000.
    • Located five blocks from Homestead's new downtown entertainment district.
    • Situated in an Opportunity Zone, offering significant tax benefits.
    • Excellent public transit access via the SMART Rapid Bus Transit System.
    • Prime location in a rapidly developing area with projects like Triangle Project, Soleste Midtown, Medsquare Homestead, and Ocean Gate Village‑Lennar underway.
    • Versatile development potential due to multifamily zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Homestead
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.4833832
    Latitude
    25.4640396

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    FAQs

    What type of property is this?
    Multifamily property - Two lots, 8000 sq ft, prime Homestead location.
    Where is this multifamily property located?
    The property is located at 6Th Ct Homestead, FL.
    What is the asking price?
    The asking price for this property is $195,000.
    What are key features of this property?
    This property features: 8,000 SF multifamily land parcel in Homestead, FL, priced at $195,000.; Located five blocks from Homestead's new downtown entertainment district.; Situated in an Opportunity Zone, offering significant tax benefits.
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    6Th Ct Homestead, FL 33030
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6Th Ct Homestead, FL 33030
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