30365 Dixie HwyHomestead, FL 33033

Property Details for 30365 Dixie Hwy

Year built

1973

Construction

CONCRETE

Lot size

0.31 AC

Property size (Sq ft)

8,256 SF

Zone code

6100:COMMERCIAL,NEIGHBRHD

Property type

Outlet malls

APN

30-7907-016-0192

APU

3079070160192

Description

This exceptional mixed-use property, located at 30365 S Dixie Hwy in Homestead, Florida, presents a compelling investment opportunity. The 8,000 square foot building, constructed in 1973, sits on a 13,676 square foot lot and features five units across two stories. Currently zoned BU-1, this property offers significant upside potential. Its prime location on the busy South US-1/South Dixie Highway provides excellent visibility and accessibility. The property benefits from its proximity to Homestead and is ideally situated within walking distance of Miami Dade County’s SMART Corridor, aligning perfectly with Transit Oriented Development (TOD) projections. Surrounding development activity, including major residential projects and forthcoming commercial developments, further enhances the property's value and potential for future growth. The strategic location near major highways and transportation hubs ensures convenient access to regional transportation networks. This presents a rare chance to acquire a well-positioned mixed-use asset in a rapidly developing area of South Dade, offering both immediate income potential and long-term development opportunities. The property's zoning allows for the potential development of high-end multi-family, commercial, and residential units. The asking price is $2,500,000.

• CAP approach

  CAP return

  Valuation

  6%

  $8,824,836

  6.5%

  $8,146,003

  7%

  $7,564,146

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,838,917

  Geo Method

  $6,838,917

• Alternative Use

  Use

  Valuation

  Residential

  $6,871,458

  Hospitality

  $6,294,218

  Educational

  $5,236,716

  Medical

  $5,416,815

  Retail

  $8,146,003

Location Insight

City

Homestead

County

Miami-dade

State

Florida

Latitude

25.4849

Longitude

-80.46

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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