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Updated almost 8 years ago on .

User Stats

105
Posts
9
Votes
Gregory Avalone
  • Rental Property Investor
  • Miami, FL
9
Votes |
105
Posts

Off Market 5 Acre Vacant Lot in Homestead, Florida. RU-2 Zoning

Gregory Avalone
  • Rental Property Investor
  • Miami, FL
Posted

Homestead Florida 5.16 Acres Zoned RU-2 -Zipcode 33033 (Will need NDA signed before address disclosure)

Lot Size: 225,0000 sq.ft.

Price: $1.7 Million

Amazing development site near South Dixie Highway in fantastic Homestead location. 5+ Acres with RU-2 zoning, you can build 62 units.

This area is experiencing tremendous growth. The property is blocks away from Homestead Hospital, Homestead Air Reserve Base and new 48 acre development for Larkin University Medical Campus set to break ground for the College of Pharmacy in Phase 1, followed by the School of Nursing, College of Biomedical Sciences, College of Osteopathic Medicine and School of Dentistry. This medical campus will also have student housing, a fitness center, and 100k square feet of medical/professional office space.

Please see sold comps below (residential RU-1, our property has a better zoning RU-2).

Comp #1 30261 SW 157 AVE - $ 1,029,000.00 147,460 - RU-1 $ 7.00/sq ft
Comp #2 15940 SW 306 TER - $ 1,235,000.00 93,568 - RU-1MB $ 13.20/ sq ft
Comp #3 30221 SW 157 AVE - $ 850,000.00 102,132 - RU-1 $ 8.32/ sq ft

Highlights:
• 5+ Acres of land ideal for development
• Allowable density of 62 two story units (based on 7,500 sq ft per lot)
• Minutes away from approved future Larkin University Medical Campus
• Access to US-1, Dixie Highway and Turnpike

Address will not be given out, individual buyers must sign an NDA prior to receiving further information.

Contact me for details. 305-900-7391

Offering