0 5Th St Homestead, FL 33030
This exceptional offering presents a rare opportunity for development in the heart of Homestead, Florida. Two vacant, adjacent lots totaling [Note: Total acreage is not provided, this information needs to be added to the original data to complete the description] are being sold together, offering significant potential for a variety of uses. The property boasts a prime downtown location, providing excellent visibility and accessibility. Both lots are zoned SWPUN-Neighborhood Mixed Use, with a Future Land Use (FLUM) designation of Planned Urban Neighborhood (PUN). This versatile zoning allows for a wide range of development possibilities, including residential (attached), hotels, professional offices, retail spaces, restaurants, grocery stores, convenience stores with gas sales, daycare centers, community residential homes (Types 1 and 2), funeral homes, and churches or places of worship. Assisted living facilities may also be permitted with city council approval. Detailed master plans for development are available from the seller at an additional cost. The asking price for this combined property is $223,000. The property is located at 5th Street, Homestead, FL 33030, in Miami-Dade County. Prospective buyers are responsible for conducting their own due diligence and verifying all information provided. This is a truly unique opportunity to acquire a strategically located parcel in a thriving community. Don't miss out on this chance to shape the future of downtown Homestead.
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.
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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.