1106-1122 Flagler Ave Homestead, FL 33030
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.