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Property profile & analytics
OFF-MARKET
Land

26710-22 144Th Ave Homestead, FL 33032

2.03 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.03-acre development site in Homestead, Florida, presents a compelling opportunity to build a 118-unit, four-story apartment community. Located at 26710-22 SW 144th Ave, 33032, in Miami-Dade County, this property boasts a prime location just off US-1, offering convenient access to Florida's Turnpike and a nearby Bus Rapid Transit (BRT) station. The site is zoned NCUC and features APN numbers 30-6934-009-0010 and 30-6934-009-0020. Preliminary plans outline a 93,116 square foot building designed to address the significant demand for workforce housing in South Miami-Dade County. The project's surface parking design enhances efficiency and reduces development costs, making it a highly attractive investment. This development directly responds to the area's surging population and the critical shortage of affordable housing options, promising strong returns for the developer. The strategic location, coupled with the high demand for rental units, positions this property for exceptional long-term growth and profitability. This is a rare chance to contribute to the solution of a critical housing need while capitalizing on a robust market. The property's proximity to major transportation arteries further enhances its appeal and potential for success.

Property profile
Verified
Property type Land
Lot 2.03 ac (88,427 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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