31 Flagler Ave Flagler Beach, FL 32136
- Land
- 0.52 lot acres
Current Use by Public Records
- Land
Property Details for 31 Flagler Ave
- Lot size
- 0.52 lot acres
- Property type
- Land
Description
This exceptional 0.52-acre commercial land parcel, strategically located in Homestead, Florida, presents a unique investment opportunity. Priced at $1,200,000 ($53.33/sq ft), this fee-simple property boasts a B-3 Liberal Business District zoning designation, allowing for a wide array of commercial uses. The three adjacent parcels offer significant frontage on S Flagler Avenue and SE 1st Road, providing excellent visibility and accessibility. This prime location is just 0.2 miles from Homestead Station, a future hub for the South Dade TransitWay rapid transit system, and within close proximity to City Hall, Miami Dade College's Homestead campus, and major roadways including the Ronald Reagan Turnpike. The area is experiencing significant revitalization efforts, including a multi-million dollar Southwest Neighborhood Master Plan focused on creating a pedestrian-friendly community with new jobs and amenities. The property benefits from a strong local economy, with over 103,700 people residing within a 3-mile radius and an average household income exceeding $80,729. The versatile zoning allows for diverse development options, including retail, restaurants, offices, and more, making this an ideal site for a variety of commercial ventures. The property's proximity to local amenities, employment centers, and transportation options ensures high traffic and visibility, creating a compelling investment opportunity in a thriving South Florida community. The Homestead Historic District's inclusion in the National Register of Historic Places adds to the area's unique character and appeal.
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
- Flagler Beach
- County
- Flagler
- State
- Florida
- Longitude
- -81.1289
- Latitude
- 29.4768
