26710-22 144Th Ave Homestead, FL 33032
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.
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
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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.