USAFLHomesteadMiami Land & Development1200 Ne 8Th St

1200 Ne 8Th St, Homestead, FL

House

For Sale

Listed price in listed location currency (USD).

$6,250,000

000

MLS® A12080951

Overview

Key Facts

Type Hotel-Motel

Levels Land

Size -

Garage

Taxes

Days Active 20

Lot Size 3.74 Acres

Approx. Age

MLS® Number A12080951

Property Address: 1200 Ne 8th St, Homestead, FL, 33033-4501

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional 3.74-acre development and investment opportunity at the prominent corner of Campbell Drive and NE 12th Avenue in Homestead. The 162, 911 SF site is zoned B-1 Restricted Retail Commercial with Light Commercial Future Land Use, Campbell Drive Corridor overlay and RTDO Subzone 4. RTDO Subzone 4 provides a minimum density of 20 DU/acre and a maximum density of 31 DU/acre, with the maximum density equating to approximately 115 theoretical residential units, subject to final site planning and approvals. The property has a 1.0–2.0 FAR and maximum height of 3 stories. Multifamily and vertical mixed-use development may be considered subject to applicable requirements. RTDO standards provide no minimum off-street parking requirement for the residential component of a qualifying development. B-1 zoning provides opportunities for retail, restaurant, office, professional/medical and other permitted uses. The property may also potentially qualify under Florida’s Live Local Act, subject to statutory requirements and City review. Existing improvements provide potential for continued use/income while evaluating future redevelopment. Excellent visibility and access along Campbell Drive, surrounded by expanding residential and commercial development with convenient access to US-1 and Florida’s Turnpike. All development potential is subject to governmental approvals and buyer due diligence

MLS® NumberA12080951

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age

Basement

Driveway

Garage Spaces

Heat

A/C

Extras

Map

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