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.
- State:
- FL
- County:
- Miami-Dade
- City:
- Homestead
- Zipcode:
- 33030
- Street:
- 131 S Flagler Ave, Homestead, Florida 33030
- Longitude:
- W81° 31' 22.3''
- Latitude:
- N25° 28' 4.6''
- Building Area:
- 17,908 Sqft
- Cumulative DOM:
- 71
- DOM:
- 56
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Parcel Number:
- 10-79-18-008-0010
- Structure Type:
- Office, Retail
- Virtual Tour:
- Click Here
Commercial Sale For Sale
131 S Flagler Ave, Homestead, Florida 33030, Homestead, Florida 33030
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $3,950,000
- Year Built :
- 1926
- Lot Area :
- 49,875 Sqft
- MLS # :
- A11975741
- Property Sub Type :
- Retail
