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    27455 Dixie Hwy Homestead, FL 33032

    Sponsored
    For Sale
    $30,000,000

    High-growth Homestead, FL shopping center

    Property size:
    94,240 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A retail shopping center, totaling 94,240 square feet, presents a compelling investment opportunity in Homestead, Florida's thriving South Miami-Dade County. Located at 27455 S Dixie Hwy, 33032, this single-story, 1983-built property underwent a complete renovation in 2023. The center boasts a strong mix of seven multi-tenant units, including a gym, medical center, and grocery store, demonstrating resilience against e-commerce trends. Its prime location along US-1/S Dixie Highway offers over 600 feet of frontage, benefiting from a daily traffic count exceeding 46,000 vehicles. The property sits on approximately 9 acres and includes 509 parking spaces, catering to the needs of its tenants and customers. With a Mixed Use Corridor (MC) zoning designation, the property offers flexibility for future development. The asking price is $30,000,000, translating to $318.34 per square foot. Its strategic location near major highways, including the Florida Turnpike, and proximity to established retailers like Walmart and Fresco Y Mas, further enhances its appeal. Surrounded by significant residential development projects undertaken by Lennar and DR Horton, this property is poised for long-term appreciation and consistent income generation. The property's Net Lease (NNN) structure provides a streamlined ownership experience. This is a rare opportunity to acquire a well-positioned, recently renovated retail center in a rapidly expanding market.

    Property Features for 27455 Dixie Hwy

    General Information

    Property type
    Lifestyle centers
    Square Feet
    94,240 SF
    Class
    A

    Building Details

    Year Built/Renovated
    1983/2023
    Buildings
    1
    Stories
    1
    Units
    7

    HighLights

    • Class A retail shopping center totaling 94,240 square feet in Homestead, FL's South Miami‑Dade County.
    • Recently renovated with a new roof and façade.
    • 94,240 SF on ~9 acres with ample parking (509 spaces).
    • 600 feet of frontage on US‑1, boasting over 46,000 AADT.
    • E‑commerce resistant tenant mix including medical, grocery, and fitness.
    • Strategically located near Walmart and major residential developments.
    Property Profile Location Intelligence

    Current Use by Public Records

    Man Kave Kutz ... Barber Shop Hit Em' Up ... Barber Shop The Nail Den Nail Salon USA TAX Tax Preparation Posh Kingdom Clothing ... Clothing Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Homestead
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.4324782
    Latitude
    25.5109437

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    FAQs

    What type of property is this?
    Lifestyle center - High-growth Homestead, FL shopping center
    Where is this lifestyle center located?
    The property is located at 27455 Dixie Hwy Homestead, FL.
    What is the asking price?
    The asking price for this property is $30,000,000.
    What are key features of this property?
    This property features: Class A retail shopping center totaling 94,240 square feet in Homestead, FL's South Miami-Dade County.; Recently renovated with a new roof and façade.; 94,240 SF on ~9 acres with ample parking (509 spaces).
    Request Owner's contact information
    27455 Dixie Hwy Homestead, FL 33032
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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
    27455 Dixie Hwy Homestead, FL 33032
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