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15960 296Th StHomestead, FL 33033

±11-Acre Homestead Multifamily Land

Overview

Added:
Dec 11, 2024
Days on market:
114
This ±11.13-acre site in Homestead, Florida, presents a prime multifamily development opportunity in Southwest Miami-Dade County. Approved plans exist for a 321-unit garden-style project with an approximately 8,000 square foot commercial building. An alternate plan, requiring approval, allows for 398 units and a roughly 4,000 square foot commercial building. By-right zoning permits the development of 398 units. Located at 15960 SW 296th St, Homestead, FL 33033, this property benefits from a strong rental market, excellent accessibility, and proximity to retail, services, educational, and recreational amenities. The site offers a compelling blend of development certainty with the potential for increased density in a desirable submarket experiencing population growth and rising rental rates. This presents a unique chance to capitalize on favorable economic indicators and high market demand within a thriving South Dade community. The garden-style design, combined with the scale of the project, ensures a significant return on investment.

Highlights

  • Prime Homestead, FL location in Southwest Miami-Dade County.
  • Approved plans for a 321-unit garden-style multifamily development with 8,000 SF of commercial space; alternate plan (requiring approval) for 398 units and 4,000 SF of commercial space.
  • High market demand and a growing rental market.
  • Strong economic indicators and excellent accessibility.
  • Proximity to retail, services, educational, and recreational amenities.

Property Details for 15960 296Th St

Property type
Land, Apartment buildings
Lot Size (sq. ft)
484,823 SF

Location Insight

City
Homestead
County
Miami-Dade
State
Florida
Latitude
25.4916633
Longitude
-80.4497534
15960 296Th St, Homestead, Florida

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15960 296Th St
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