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    404XX 157Th Ave Homestead, FL 33035

    Sponsored
    For Sale
    $2,190,000

    Prime 5-acre commercial lot in Homestead, FL

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5-acre commercial land parcel, located at 404XX SW 157 Ave in Homestead, Florida (zip code 33035), presents a unique investment opportunity. The property boasts dimensions of approximately 333 feet by 664 feet, offering ample space for various commercial developments. Legal access is confirmed, featuring a 40-foot frontage on a public road right-of-way (as per PB 11796, PG 560), along with 25-foot ingress and egress easements on the rear and right side. Strategically positioned at the future corner of 404th Street and SW 157th Avenue, this lot enjoys high visibility and convenient access. Its proximity to Card Sound Road and its location directly across the street from a Cemex concrete plant further enhances its commercial appeal. Currently zoned as vacant, privately-owned land (802), this property offers significant potential for a wide range of commercial uses. Attractive owner financing is available to qualified corporate entities, featuring a 35% down payment and a 10.50% interest-only loan for five years, subject to a six-month prepayment penalty. This is a rare opportunity to acquire a substantial commercial lot in a rapidly growing area of Miami-Dade County. The property's size, location, and access make it ideal for various commercial ventures. Serious inquiries are encouraged.

    Property Features for 404XX 157Th Ave

    General Information

    Property type
    Land

    HighLights

    • 5‑acre commercial land parcel in Homestead, FL (33035) at 404XX SW 157 Ave.
    • Approximately 333' x 664' lot with 40' frontage on a public road.
    • High visibility corner lot at future intersection of 404th Street and SW 157th Avenue, near Card Sound Road and a Cemex plant.
    • Vacant land zoned 802, suitable for various commercial uses.
    • Owner financing available to qualified corporate entities: 35% down, 10.50% interest‑only loan for 5 years (6‑month prepayment penalty).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Wholesale Shop Department Store Hotel & Motel Daycare Center Grocery Store Food Market HVAC Service Convenience 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
    -80.4441023
    Latitude
    25.4337124

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    FAQs

    What type of property is this?
    Land - Prime 5-acre commercial lot in Homestead, FL
    Where is this land located?
    The property is located at 404XX 157Th Ave Homestead, FL.
    What is the asking price?
    The asking price for this property is $2,190,000.
    What are key features of this property?
    This property features: 5-acre commercial land parcel in Homestead, FL (33035) at 404XX SW 157 Ave.; Approximately 333' x 664' lot with 40' frontage on a public road.; High visibility corner lot at future intersection of 404th Street and SW 157th Avenue, near Card Sound Road and a Cemex plant.
    Request Owner's contact information
    404XX 157Th Ave Homestead, FL 33035
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    Homestead, FL 33035
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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
    404XX 157Th Ave Homestead, FL 33035
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