Price Reduced 1.25%
Price History
$4,000,000
3/3/2026
$3,950,000
4/28/2026
131 S Flagler Ave, Homestead, FL, 33030
1926
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.
Status:
Active
Type:
Commercial
Zoning:
6600
Days on Market:
75
MLS #:
A11975741
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Listing courtesy of Dags Group & Associates 786-301-3296