8Th St Homestead, FL 33034
- Retail properties
- 3.83 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 8Th St
- Lot size
- 3.83 lot acres
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional 3.83-acre retail assemblage in Homestead, Florida, presents a significant development opportunity. The property comprises three parcels strategically located in a high-traffic commercial hub. Lot 1, a 2-acre (87,120 square feet) parcel, sits at a signalized intersection on SW 8th St/Lucy St, offering unparalleled visibility. Lot 2, a 0.90-acre (39,204 square feet) parcel, boasts prime frontage on US-1, directly across from CubeSmart Self Storage and surrounded by established retailers such as Harbor Freight, The Waffle House, and Texas Roadhouse. Lot 3, a 0.93-acre (40,669 square feet) parcel situated on SE 6th St, provides flexibility for either standalone development or integration with Lots 1 and 2 for a larger-scale project. The assemblage's location near Downtown Historic Homestead ensures convenient access to major highways, including US-1 and the Florida Turnpike Extension, providing easy access to the Florida Keys and a large consumer base. The area's strong retail presence, including nearby Publix, Target, and Home Depot, guarantees consistent consumer traffic. This property is ideal for developers seeking high-exposure retail development in one of Homestead's most dynamic commercial corridors. The asking price is $10,000,000
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Homestead
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.4678
- Latitude
- 25.4625
