About This Property

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.

Key Features

• 49,875 SquareFeet Lot
• Built in 1926

Property Details

• Type: Single Family Home
• Year Built: 1926
• Lot Size: 1.14 Acres
• HOA: Contact Agent
• Bedrooms: 0
• Bathrooms: 0
• Feature: 49,875 SquareFeet Lot
• Feature: Built in 1926
• Status: Active
• MLS Number: 1154266338
• Days on Market: 75
• Listed By: MLS Listing
• Zip Code: 33030