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    14Th St Homestead, FL 33033

    Sponsored
    For Sale
    $5,000,000

    1.82-acre prime retail site, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.82-acre (79,453 square feet) commercial land parcel presents a remarkable opportunity for retail development in Homestead, Florida. Strategically located on the highly visible corners of SR 997 N Krome Avenue and US-1 S Dixie Highway, this C-2 zoned property boasts unparalleled access and visibility. The site is situated directly behind a busy parking lot adjacent to a Harbor Freight, and is surrounded by a thriving mix of established retailers including Waffle House, Texas Roadhouse, and Aldi. Across the street, major retail anchors such as The Home Depot, Bravo Supermarket, Krispy Kreme, and a Walmart Supercenter ensure consistent high traffic flow and a robust customer base. This prime location offers easy access to major highways, including US-1 and the Florida Turnpike Extension, providing convenient access to the Florida Keys and beyond. The property's proximity to Downtown Historic Homestead further enhances its appeal. The parcel's location near other big-box retailers like Publix and Target guarantees sustained consumer interest and traffic. This is an ideal location for a retail development seeking to capitalize on the area's strong retail activity and growing population. The asking price for this exceptional opportunity is $5,000,000. The property's APN is 16-7919-006-0111.

    Property Features for 0 14Th St

    General Information

    Property type
    Retail properties
    Lot Size
    79,279 SF

    HighLights

    • 1.82‑acre (79,453 SF) retail site ideal for high‑traffic development.
    • High‑visibility location with frontage on SR 997 N Krome Ave and US‑1 S Dixie Hwy.
    • Excellent retail location near Harbor Freight, Texas Roadhouse, Aldi, Home Depot, Krispy Kreme, and Walmart.
    • Easy accessibility and high visibility near major highways (US‑1 and Florida's Turnpike).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Homestead
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.4772726
    Latitude
    25.4606559

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    FAQs

    What type of property is this?
    Retail property - 1.82-acre prime retail site, high traffic.
    Where is this retail property located?
    The property is located at 14Th St Homestead, FL.
    What is the asking price?
    The asking price for this property is $5,000,000.
    What are key features of this property?
    This property features: 1.82-acre (79,453 SF) retail site ideal for high-traffic development.; High-visibility location with frontage on SR 997 N Krome Ave and US-1 S Dixie Hwy.; Excellent retail location near Harbor Freight, Texas Roadhouse, Aldi, Home Depot, Krispy Kreme, and Walmart.
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    14Th St Homestead, FL 33033
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    Homestead, FL 33033
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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
    14Th St Homestead, FL 33033
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