1750 8th St Homestead, FL 33033-4604
- Banks
- 5,135 SF
- 1.80 lot acres
Apr 01, 2025
Current Use by Public Records
- SouthState Bank / Bank
Property Details for 1750 8th St
- Year built
- 1985
- Construction
- CONCRETE
- Lot size
- 1.80 lot acres
- Property size
- 5,135 SF
- Zone code
- 6300:COMMERCIAL,RESTRICT
- Property type
- Banks
- APN
- 10-7917-001-0160
- APU
- 1079170010160
Description
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.
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
- Homestead
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.4535
- Latitude
- 25.477
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
