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Gelfand Realty Miami Properties for Sale - Retail for Sale

27525 S DIXIE HWY, HOMESTEAD, FL 33032

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Retail - for Sale

27525 S DIXIE HWY, HOMESTEAD, FL 33032

Asking Price$4,500,000 Change Price$2,750,000

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  • Lot size 104993sqft
  • Taxes $43,517
  • Year Built 1988
  • Days on market:

    74 day(s)
  • Original Price:

    $7,250,000
  • Tax Legal Description:

    33-34 56 39 2.41 AC M/L NARANJA LAKES TRACTS PB 104-15 TRACT C & PROP INT IN & TO LAKE OR 13432-3628 0987 1
  • Property Type:

    Retail
  • Inclusions:

    Building & Land
  • Special Listing Conditions:

    Sale
  • Lot Features:

    Shopping Center

Description

$4,500,000

This property presents an opportunity for a covered land play and redevelopment. the us-1/s. dixie corridor has seen extensive multifamily development with no slowdown in sight. the parcel is located in the core sub-district of the leisure city community urban center and is designated as "mc-mixed use corridor." under the mc designation, the property may be developed with up to ninety (90) units per acre. height would be limited to a minimum of 2 stories and a maximum of 6 stories by right. enclosed the massing study prepared calls for 6 floors with 2 decks of parking. this design allows for 186 units with a very efficient and cost-effective layout.
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