Description

Rare covered land play in the core of downtown Homestead directly across from Homestead Station.
Fully assembled site with short-term income and flexible leases, allowing for near-term redevelopment under B-3 zoning (up to 6 stories).

The offering includes four (4) parcels (Folios: 10-7918-008-0010, 10-7918-008-0030, 10-7918-008-0060, and 10-7918-008-0070) and features an existing shopping center, a detached medical office building, and additional vacant land for future development.

The property is currently zoned highly desirable B-3. The existing structures have been renovated and brought up to code, including installation of new roofs.

Current in-place income totals $20,786 per month with 10 tenants all on one year lease expiring Dec 31st 2026.

The City will permit construction of a new building up to six (6) stories in height, providing significant upside and long-term redevelopment potential.

Overview

Retail
Type

sqft
Area Size

1926
Year Built

A11975741
Property ID

Details

Actualizado en abril 28, 2026 a 12:18 pm

Property ID A11975741
Price $3,950,000
Year Built 1926
Type Retail
Property Status Commercial Sale

Additional details

BuildingAreaTotal 17908
BuildingAreaUnits Square Feet
BusinessType Medical Office, Retail Space
ContractStatusChangeDate 2026-03-03
DaysOnMarket 56
ExpirationDate 2026-05-31
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 786-301-3296
ListAgentEmail brandon@thedagsgroup.com
ListAgentFullName Brandon Dagnesses
ListAgentKey fe819dde82a901a09dc6bdce171a2a56
ListAgentMlsId 3412801
ListAgentOfficePhone 786-301-3296
ListAgentStateLicense 3412801
ListOfficeKey 23dd19a5c106290bc9613761adc71562
ListOfficeMlsId DAGS01
ListOfficeName Dags Group & Associates
ListOfficePhone 786-301-3296
ListingAgreement Exclusive Right To Sell
ListingContractDate 2026-03-03
ListingKey bb33a2873e314000afa8d01a8e5c11b3
LotSizeSquareFeet 49875
MajorChangeTimestamp April 28, 2026 at 12:12pm
MajorChangeType Price Decrease
MlsStatus Active
ModificationTimestamp April 28, 2026 at 12:12pm
NumberOfUnitsInCommunity 0
OnMarketDate 2026-03-03
OriginalEntryTimestamp March 3, 2026 at 07:06pm
OriginalListPrice 4000000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 10-79-18-008-0010
PhotosChangeTimestamp March 3, 2026 at 07:10pm
PhotosCount 6
PreviousListPrice 4000000
PriceChangeTimestamp April 28, 2026 at 12:12pm
PublicSurveyRange 79
PublicSurveySection 18
PublicSurveyTownship 79
SourceSystemKey 437953070
SpecialListingConditions Sale
StateOrProvince FL
StatusChangeTimestamp March 3, 2026 at 07:06pm
StreetDirPrefix S
StreetName Flagler Ave
StreetNumber 131
StreetNumberNumeric 131
SyndicationRemarks Rare covered land play in the core of downtown Homestead directly across from Homestead Station. Fully assembled site with short-term income and flexible leases, allowing for near-term redevelopment under B-3 zoning (up to 6 stories). The offering includes four (4) parcels (Folios: 10-7918-008-0010, 10-7918-008-0030, 10-7918-008-0060, and 10-7918-008-0070) and features an existing shopping center, a detached medical office building, and additional vacant land for future development. The property is currently zoned highly desirable B-3. The existing structures have been renovated and brought up to code, including installation of new roofs. Current in-place income totals $20, 786 per month with 10 tenants all on one year lease expiring Dec 31st 2026. The City will permit construction of a new building up to six (6) stories in height, providing significant upside and long-term redevelopment potential.
TaxLegalDescription 18 57 38 TOWN OF HOMESTEAD PB 4-33 LOT 1 LYING E OF KROME AVE & LOT 2 & S50FT OF LOT 3 & LOTS 8 & 9 & 10 BLK 1 LOT SIZE 32375 SQUARE FEET OR
Zoning 6600