28830 Dixie HwyHomestead, FL 33033

Property Details for 28830 Dixie Hwy

Year built

2007

Construction

CONCRETE

Lot size

1.81 AC

Property size (Sq ft)

22,745 SF

Zone code

6061

Property type

Community centers

APN

30-7905-035-0010

APU

3079050350010

Description

Madeira Plaza offers exceptional retail space in the thriving Homestead, Florida market. This 22,745 square foot commercial building, constructed in 2007, presents a fantastic opportunity for businesses seeking a high-visibility location. Currently, there are 3,462 square feet of vacant space available, divisible into units ranging from a minimum of 750 square feet to a maximum contiguous space of 1,533 square feet. The property is situated at 28830 S Dixie Hwy, Homestead, FL 33033, in Miami-Dade County, offering convenient access and high traffic visibility. The building's inline commercial structure is ideal for a variety of retail businesses. This is a multi-tenant property, providing a vibrant and collaborative environment. The available space is perfect for businesses seeking a flexible and adaptable layout to suit their specific needs. The location in Homestead provides access to a strong local customer base and offers significant growth potential. This is an excellent opportunity to establish or expand your retail presence in a dynamic and rapidly developing area. The property's modern design and convenient location make it an attractive option for businesses seeking a high-impact retail space. Serious inquiries are encouraged to explore this exceptional opportunity further.

• CAP approach

  CAP return

  Valuation

  6%

  $24,290,070

  6.5%

  $22,421,604

  7%

  $20,820,060

• Comparable approach

  Method

  Valuation

  Relative Method

  $18,825,750

  Geo Method

  $18,825,750

• Alternative Use

  Use

  Valuation

  Residential

  $18,913,462

  Hospitality

  $17,324,628

  Educational

  $14,413,888

  Medical

  $14,909,603

  Retail

  $22,421,604

Location Insight

City

Homestead

County

Miami-dade

State

Florida

Latitude

25.4979

Longitude

-80.4485

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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