For Sale
$3,976,850

1750 8Th StHomestead, FL 33033

Prime bank building, high traffic area.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional retail development opportunity presents a 3,310 square foot, single-story, vacant bank building situated on a 78,337 square foot lot in Homestead, Florida. Built in 1985 and renovated in 2018, the Class C property boasts four drive-through lanes, making it ideal for a turnkey bank operation or adaptive reuse. Located at 1750 NE 8th St, the property benefits from a high-traffic location (30,500 daily vehicles) on a major Homestead thoroughfare, ensuring excellent visibility and accessibility. The asking price is $3,976,850, translating to $1,201.47 per square foot for the building and $1,202.47 per square foot for the land. The property's zoning is 6300. While currently subject to a temporary DERM restriction limiting capacity expansion, this moratorium may be adjusted or waived. This presents a lucrative investment opportunity in a rapidly growing area of Miami-Dade County, offering significant potential for return. The property's APN is 10-7917-001-0160.

Highlights

  • 3,310 SF single-story vacant bank building on a 78,337 SF lot in Homestead, FL.
  • Four drive-through lanes, ideal for adaptive reuse.
  • High-traffic location (30,500 VPD) on a major thoroughfare in Homestead, offering excellent visibility and accessibility.
  • Asking price: $3,976,850 ($1,201.47/SF building, $1,202.47/SF land).
  • Built in 1985, renovated in 2018 (Class C).
  • Zoned 6300; subject to a temporary DERM restriction.

Property Details for 1750 8Th St

Property type
Retail properties, Banks
Square Feet
3,310 SF
Class
C
Year Built/Renovated
1985/2018
Buildings
1
Stories
1

Location Insight

City
Homestead
County
Miami-Dade
State
Florida
Latitude
25.4770666
Longitude
-80.4532079
1750 8Th St, Homestead, Florida

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1750 8Th St
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