27525 S Dixie Hwy, Homestead FL 33032

Closed

$4,500,000

37.93%

Est. Payment $23,951/mo

MLS Sheet Video

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

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Homestead

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

75/100
Buyers marketSellers market

57

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).

6/25/2023Sold$4,500,000
3/20/2023Price change$4,500,000-37.9%
1/1/2023Listed 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

27525 S Dixie Hwy, Homestead FL 33032Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$27,851/mo

Principal & Interest

$23,951

Property Tax

$3,750

Insurance

$150

HOA

$0

20% ($900,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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