1750 8th St Homestead, FL 33033-4604
This exceptional retail development opportunity presents a 3,310 square foot, single-story, vacant bank building situated on a 78,337 square foot lot in Homestead, Florida. Built in 1985 and renovated in 2018, the Class C property boasts four drive-through lanes, making it ideal for a turnkey bank operation or adaptive reuse. Located at 1750 NE 8th St, the property benefits from a high-traffic location (30,500 daily vehicles) on a major Homestead thoroughfare, ensuring excellent visibility and accessibility. The asking price is $3,976,850, translating to $1,201.47 per square foot for the building and $1,202.47 per square foot for the land. The property's zoning is 6300. While currently subject to a temporary DERM restriction limiting capacity expansion, this moratorium may be adjusted or waived. This presents a lucrative investment opportunity in a rapidly growing area of Miami-Dade County, offering significant potential for return. The property's APN is 10-7917-001-0160.
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SouthState Bank Bank Loan Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
6300:COMMERCIAL,RESTRICT · Homestead, FLCosts & 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.