For Sale
$1,590,000

14281 Henderson StHomestead, FL 33032

Prime Vacant Lot, 38-Unit Potential

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 1.1-acre vacant lot in Homestead, Florida, presents a compelling development opportunity. Located at 14281 Henderson St, 33032, this property boasts a prime location near US-1, a major thoroughfare, ensuring high visibility and accessibility. The current zoning, UC-RM 3161-UC Center Residential Modified (RM), allows for the construction of up to 38 apartment units, making it ideal for multi-family development. The property has already received ASPR approval, streamlining the development process. Construction plans are currently under review and are anticipated to be finalized in Q3 2024. The area is experiencing significant growth and construction activity, indicating a strong and burgeoning market. This presents a unique chance to capitalize on the Homestead real estate boom and create a substantial return on investment. The asking price for this exceptional development site is $1,590,000. Given the zoning, approvals in place, and the current market conditions, this property represents a rare and highly attractive investment opportunity. The property's coordinates are 25.523525 latitude and -80.421943 longitude. Serious inquiries are encouraged.

Highlights

  • 1.1-acre vacant lot in Homestead, FL, ideal for multi-family development.
  • Prime location near US-1 with high visibility and accessibility.
  • Zoned UC-RM, allowing up to 38 apartment units; ASPR approved.
  • Construction plans under review, anticipated completion Q3 2024.
  • Asking price: $1,590,000.

Property Details for 14281 Henderson St

Property type
Specialty properties

Location Insight

City
Homestead
County
Miami-Dade
State
Florida
Latitude
25.523525
Longitude
-80.421943
14281 Henderson St, Homestead, Florida

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14281 Henderson St
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