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Listed by Ovidio Mijares • First Service Realty ERA
$6,250,000
Est. payment /mo
3.74 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Miami Land & Development
MLS Listing ID A12080951
Tax Year 2025
Lot Size 3.740 Acres
Acres 3.74
Property Sub-Type Commercial
Property Description
Exceptional 3.74-acre (approximately 162,911 SF) income-producing development opportunity located at the prominent corner of Campbell Drive and NE 12th Avenue in Homestead, Florida. Potential development opportunities include multifamily, vertical mixed-use, retail, professional office, medical-office, healthcare facilities, religious institutions and places of worship. The property is currently improved with an approximately 13,000+ SF facility leased through June 30, 2027, generating approximately $248,875 in annual contractual rent for the 2026–2027 lease year, combining existing rental income with significant commercial and residential redevelopment potential
Zoned B-1 Restricted Retail Commercial and is located within the Rapid Transit Development Overlay District (RTDO), Subzone 4, and Campbell Drive Corridor. Applicable zoning provides a minimum residential density of 20 dwelling units per acre and a maximum of 31 dwelling units per acre, representing approximately 115 theoretical residential units at maximum density, subject to applicable development standards and approvals. RTDO standards provide a maximum building height of three stories and FAR of 1.0–2.0. Qualifying commercial retail uses of up to 10,000 SF are permitted by right, while larger retail uses of up to 20,000 SF may be considered through Special Exception approval.
Strategically located directly across from Harris Field, the property offers excellent visibility, convenient access to the Florida Turnpike and US-1, and proximity to Publix, Target, Lowe's, Baptist Health and other major retailers. An exceptional opportunity for investors, developers and owner-users seeking an income-producing property with future redevelopment potential in Homestead's growing commercial corridor. All development potential, density, permitted uses and zoning information are subject to independent verification, applicable development standards and governmental approvals. Buyers are responsible for conducting their own due diligence.
Zoned B-1 Restricted Retail Commercial and is located within the Rapid Transit Development Overlay District (RTDO), Subzone 4, and Campbell Drive Corridor. Applicable zoning provides a minimum residential density of 20 dwelling units per acre and a maximum of 31 dwelling units per acre, representing approximately 115 theoretical residential units at maximum density, subject to applicable development standards and approvals. RTDO standards provide a maximum building height of three stories and FAR of 1.0–2.0. Qualifying commercial retail uses of up to 10,000 SF are permitted by right, while larger retail uses of up to 20,000 SF may be considered through Special Exception approval.
Strategically located directly across from Harris Field, the property offers excellent visibility, convenient access to the Florida Turnpike and US-1, and proximity to Publix, Target, Lowe's, Baptist Health and other major retailers. An exceptional opportunity for investors, developers and owner-users seeking an income-producing property with future redevelopment potential in Homestead's growing commercial corridor. All development potential, density, permitted uses and zoning information are subject to independent verification, applicable development standards and governmental approvals. Buyers are responsible for conducting their own due diligence.
Location
State FL
County Miami- Dade
Area 2790
Interior
Fireplace No
Exterior
Utilities Available Electricity Available, Other, Phone Available, Sewer Available, Trash Collection, Water Available, Water Connected
Water Access Desc Public
Building
Water Public
Others
Tax ID 10-79-17-001-0210
Acceptable Financing Cash, Other
Listing Terms Cash, Other
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