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    404XX Dixie Hwy Florida City, FL 33034

    For Sale
    $1,900,000

    2.9 Acres, Lake View, Owner Financing

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 2.9-acre commercial land parcel presents a remarkable investment opportunity in Homestead, Florida. Located at 404XX S. Dixie Hwy, 33034, this property boasts a highly desirable corner location at the future intersection of 404th Street and US-1, offering unparalleled visibility and accessibility. The unencumbered land comprises four lots and enjoys a scenic lake view. Utilities are readily available, with electricity on-site, water access at the rear, and sewer lines conveniently located at the front. The property is unrestricted, providing maximum flexibility for development. Its strategic location makes it ideally suited for a wide range of commercial uses, including but not limited to: an emergency room, gas and electric vehicle charging station, or a variety of retail establishments such as CVS, Walgreens, Sedanos, Publix, Winn-Dixie, a bank, Dunkin' Donuts, Starbucks, Einstein Bros. Bagels, Burger King, or McDonald's. This is a rare chance to acquire a significant commercial tract in a rapidly growing area. Attractive owner financing is available with a 55% down payment and a 7.0% interest-only loan for 10 years, featuring no prepayment penalty. Don't miss this chance to secure your piece of Homestead's thriving commercial landscape.

    Property Features for 404XX Dixie Hwy

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Florida City
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.4593007
    Latitude
    25.3565796

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    FAQs

    What type of property is this?
    Land - 2.9 Acres, Lake View, Owner Financing
    Where is this land located?
    The property is located at 404XX Dixie Hwy Florida City, FL.
    What is the asking price?
    The asking price for this property is $1,900,000.
    Request Owner's contact information
    404XX Dixie Hwy Florida City, FL 33034
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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 Dixie Hwy Florida City, FL 33034
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