27525 S Dixie Hwy, Homestead FL 33032
1988
Year Built
1
Stories
74
Days on Market
Description
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.
Facts
- MLS#
- A11328050
- Subdivision
- —
- Property Type
- Commercial Sale
- Property Sub Type
- Retail
- Year Built
- 1988
- Lot Size
- 104,993 ft²
- Sq. Ft.
- —
- Sq. Mt.
- —
- Price per sq. ft.
- —
- Price per sq. mt.
- —
- Stories
- 1
- Garage
- —
- Pool
- —
- Days on Market
- 74 days
- Listed
- Jan 1, 2023
- Last Updated
- Jun 25, 2023
- Price/Lot Sq.Ft.
- $43/ft²
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Market insights for Homestead
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
September 2026
25
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 6/25/2023 | Sold | $4,500,000 |
| 3/20/2023 | Price change | $4,500,000-37.9% |
| 1/1/2023 | Listed for sale | $7,250,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$27,851/mo
Principal & Interest
$23,951
Property Tax
$3,750
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
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Updated within 24 hours
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