Property summary
This exceptional mixed-use property, located at 30365 S Dixie Hwy in Homestead, Florida, presents a compelling investment opportunity. The 8,000 square foot building, constructed in 1973, sits on a 13,676 square foot lot and features five units across two stories. Currently zoned BU-1, this property offers significant upside potential. Its prime location on the busy South US-1/South Dixie Highway provides excellent visibility and accessibility. The property benefits from its proximity to Homestead and is ideally situated within walking distance of Miami Dade County’s SMART Corridor, aligning perfectly with Transit Oriented Development (TOD) projections. Surrounding development activity, including major residential projects and forthcoming commercial developments, further enhances the property's value and potential for future growth. The strategic location near major highways and transportation hubs ensures convenient access to regional transportation networks. This presents a rare chance to acquire a well-positioned mixed-use asset in a rapidly developing area of South Dade, offering both immediate income potential and long-term development opportunities. The property's zoning allows for the potential development of high-end multi-family, commercial, and residential units. The asking price is $2,500,000.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store Grocery & Convenience Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
6100:COMMERCIAL,NEIGHBRHD · Homestead, FLZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for 6100:COMMERCIAL,NEIGHBRHD in Homestead, FL.
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