Homes for Sale in Coral Gables, Brickell, Miami, Miami Beach, Edgewater | Raquel Palmieri - EWM Realty
Listed By:
This listing is courtesy of First Service Realty ERA
Address
1200 Ne 8th St, Homestead, FL
Price
$ 6,250,000
Property Attributes
  • MLS#A12080951
  • TypeLand
  • Listing Status Active
  • CountyMiami-Dade
  • CityHomestead
  • Area79
  • NeighborhoodMIAMI LAND & DEVELOPMENT
  • Zip33033
  • Style
  • Price$ 6,250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size3.74 Acres
Data Source:
Southeast Florida MLS (SEFMLS)
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.

Price History
9/1/2026 Listed $6,250,000

General Features

Sewer Public Sewer,Other
Utilities Electricity Available,Phone Available,Sewer Available,Trash Collection,Water Available
Possession Closing & Funding
Property Subtype Commercial
Tax Year 2025
Current Use Commercial,Hotel/Motel,Unimproved
County Miami-Dade
Property Type Land
Subdivision Name MIAMI LAND & DEVELOPMENT
Status Active
City Homestead
Zoning Description 6300
MLS Area 79
Lot Size Units Square Feet
Lot Size Square Feet 162911
Listing Terms Cash,Other
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12080951
Standard Status Active
Property Sub Type Additional Commercial
PostalCity Homestead
Legal Description 17 57 39 3.74 AC MIAMI LAND & DEV COS SUB PB 5-10 LOT 12 BLK 2 LESS S250FT & LESS N35FT LOT SIZE 162911 SQ FT OR 19210-2458 062000 4

Exterior Features

Water Source Public,Other
Lot Size Area 162911
Lot Dimensions 195x700
Lot Size Acres 3.74
Waterfront Y/N false
Road Frontage Type County Road
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 33033

Price
AVG $3.5M
$6.25M