735 NE 12th Ave - Commercial LAND FOR SALE


Homestead, FL 33030- Outer Homestead/South Dade | 162,914 SF
$6,250,000 USD
305-484-2174
735 NE 12th Ave, Homestead, FL for Sale
$6,250,000 USD
Commercial LAND - FOR SALE
1/14
162,914 SF

735 NE 12th Ave
Homestead, FL 33030
Outer Homestead/South Dade


HIGHLIGHTS

  • 3.74-Acre Corner Site | Up to ~115 Theoretical Residential Units
  • B-1 + RTDO Subzone 4 | Mixed-Use/Multifamily Redevelopment Potential
  • 1.0–2.0 FAR | Maximum 3-Story Development
  • Income-Producing Through June 2027 | Covered-Land Opportunity
  • Prominent Campbell Drive Location | Near Turnpike & US-1

OVERVIEW

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.?

FOR SALE DETAILS

PRICE

$6,250,000 USD

PRICE/ACRE

$1,671,123/AC

PRICE/SF

$38 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

3.74 AC Mixed-Use Development Site-Homestead

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Mixed Use, Multi-Family, Apartment Units, Apartment Units - Condo, Apartment Units - Subsdzd, Auto Dealership, Bank, Bar, Convenience Store, Day Care Center, Drug Store, Fast Food, Health Care, Hotel, Medical, Parking Garage, Planned Unit Development, Post Office, Public Library, Religious Facility, Restaurant, Service Station, Single Family Development, Storefront Retail/Office, Storefront Retail/Residential, Theater/Concert Hall

LAND ACRES

3.74 AC

LAND SF

162,914 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity

ZONING

B-1

APN/PARCEL ID

10-7908-000-0290

ASK ABOUT THIS PROPERTY

Ovidio MijaresFirst Service Realty ERAMore Info
305-484-2174

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Ovidio MijaresFirst Service Realty ERAMore Info
305-484-2174

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.