24940 SW 135th Ave - Apartments FOR SALE


Homestead, FL 33032- Princeton
$3,300,000 USD
305-788-2878
24940 SW 135th Ave, Homestead, FL for Sale
$3,300,000 USD
Apartments - FOR SALE
1/4
null | Request Cap Rate

24940 SW 135th Ave
Homestead, FL 33032
Princeton


HIGHLIGHTS

  • Mixed-Use Development: Combines residential and commercial components for added value
  • 59 Approved Residential Units: Fully entitled, ready for immediate development
  • 33,327 SF Total Buildable Area: Efficiently designed for optimized rental income
  • 0.89-Acre Lot: Prime development site in a high-demand market. $204,716 Price Per Unit (All-In): Competitive pricing with strong value potential
  • Value-Engineered for Cost Efficiency: Low-rise construction & surface parking to keep development costs low
  • Located in Princeton: Homestead’s Fastest-Growing Submarket – At the center of major new developments and economic expansion

OVERVIEW

Ceme Village: A Premier Mixed-Use Multifamily Development in Princeton, Homestead. Shovel-Ready 59-Unit Mixed-Use Development in South Florida’s Fastest-Growing Submarket. Ceme Village is a fully entitled, shovel-ready 59-unit mixed-use development located in Princeton, a high-growth area of Homestead, Florida, that is currently experiencing the most significant large-scale development and transformation in the region. The project was strategically designed using value engineering to minimize construction costs while maximizing efficiency and long-term value. Featuring low-rise construction and surface parking, Ceme Village ensures a cost-effective development approach without compromising quality. Additionally, the mixed-use component enhances the project’s value by integrating residential and commercial spaces, creating a well-balanced, vibrant community that meets the needs of this expanding market.

FOR SALE DETAILS

PRICE

$3,300,000 USD

PRICE/SF

$51 USD /SF

# OF UNITS

52

PRICE/UNIT

$63,462

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

6172 UC CORE - MAIN STREE

APN/PARCEL ID

30-6926-003-0090

ASK ABOUT THIS PROPERTY

Tomas SulichinRelatedISG RealtyMore Info
305-788-2878

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Tomas SulichinRelatedISG RealtyMore Info
305-788-2878

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