Current Use by Public Records
- Retail properties & Spaces
Property Details for 1106-1122 Flagler Ave
- Year built
- 1956
- Property type
- Retail properties & Spaces
- Property subtype
- Retail space
Description
This exceptional retail investment opportunity presents two buildings totaling 10,308 square feet situated on a 38,000 square foot lot in Homestead, Florida's historic downtown district. Currently operating at 100% occupancy with a multi-tenant lease structure, the property boasts a gross lease type and offers significant redevelopment potential. Built in 1956, the single-story buildings are zoned B-2, providing flexibility for various commercial uses. The asking price is $2,950,000, translating to $286.19 per square foot. Ample parking is available, and the property benefits from excellent access and visibility, ensuring high traffic flow. The location offers convenient access to public transportation, nearby shopping, dining, and a thriving business environment. Attractive owner financing terms are available, making this a compelling investment opportunity for owner-users seeking a strong foothold in a vibrant, growing community. The property's prime location within the historic downtown district provides a unique blend of charm and cultural richness, further enhancing its appeal and potential for long-term growth.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Homestead
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.4645
- Latitude
- 25.4812
