100 Palm Dr Florida City, FL 33034
- Land
Current Use by Public Records
- Land
Property Details for 100 Palm Dr
- Property type
- Land
Description
This 20,400 sq ft lot in Florida City, FL, is zoned C-1 Neighborhood Commercial, offering significant development potential. Located on Palm Drive (AADT 27,500), it boasts excellent visibility and access to major roadways, including South Dixie Highway (AADT 30,000), the Florida Turnpike (AADT 18,000), and Krome Avenue (AADT 16,300). Its proximity to the South Dade Busway and a Park and Ride station provides convenient public transportation options. The property's location near the Florida Keys and burgeoning residential development in South Miami-Dade makes it ideal for retail or mixed-use development. The lot's zoning allows for rezoning as a Florida City TOD site, potentially increasing density to 36 units per net acre with a 1.0 lot coverage ratio. The City of Florida City is known for its developer-friendly approach, potentially facilitating variance approvals. Nearby amenities include Downtown Homestead, offering additional retail and dining options, and the Miami-Dade College Homestead Campus. The area is experiencing significant growth, with major national homebuilders actively developing large residential communities nearby. This presents a unique opportunity for investors to capitalize on the increasing demand for commercial space in this rapidly developing area. The asking price is $995,000. Folio number: 16-7824-017-0100. The assumed address is 100 W Palm Dr, Florida City, FL 33034.
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
- Florida City
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.4787
- Latitude
- 25.4478
