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Property profile & analytics
FOR LEASE
Community centers

28830 S Dixie Hwy Homestead, FL 33033

22,745 SF 1.81 ac lot Built 2007
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US18-1617715
Property summary
AI-generated overview

Madeira Plaza offers exceptional retail space in the thriving Homestead, Florida market. This 22,745 square foot commercial building, constructed in 2007, presents a fantastic opportunity for businesses seeking a high-visibility location. Currently, there are 3,462 square feet of vacant space available, divisible into units ranging from a minimum of 750 square feet to a maximum contiguous space of 1,533 square feet. The property is situated at 28830 S Dixie Hwy, Homestead, FL 33033, in Miami-Dade County, offering convenient access and high traffic visibility. The building's inline commercial structure is ideal for a variety of retail businesses. This is a multi-tenant property, providing a vibrant and collaborative environment. The available space is perfect for businesses seeking a flexible and adaptable layout to suit their specific needs. The location in Homestead provides access to a strong local customer base and offers significant growth potential. This is an excellent opportunity to establish or expand your retail presence in a dynamic and rapidly developing area. The property's modern design and convenient location make it an attractive option for businesses seeking a high-impact retail space. Serious inquiries are encouraged to explore this exceptional opportunity further.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 2007
Construction CONCRETE
Total area 22,745 SF
Lot 1.81 ac (78,938 SF)
Zoning code 6061
APN 30-7905-035-0010
UPID US18-1617715
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Maderia Plaza Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$5.71M
CAP Approach CAP
$6.74M
Comparable Approach Comparable
$5.13M
Blend (final) Blend
$5.26M
Owner & transaction history
28830 S Dixie Hwy LLC · 5 yrs held
28830 S Dixie Hwy LLC
since 2021
Last sale
$4.9M
7 recorded transactions
2021
$4.9M
2018
Price N/A
2018
$4.9M
2013
$2.6M
2005
$650,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
6061 · Homestead, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $7.6M +16.5%
Office building $7.0M +6.9%
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