Retail For Sale
131 S Flagler Ave, Homestead, FL 33030

$3,950,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11975741
  • Virtual Tour: YES
  • List Price: $3,950,000
  • Year Built:1926
  • Listing Date:March 3, 2026
  • Days On Market:66

Description


Rare covered land play in the core of downtown Homestead directly across from Homestead Station. Fully assembled site with short-term income and flexible leases, allowing for near-term redevelopment under B-3 zoning (up to 6 stories). The offering includes four (4) parcels (Folios: 10-7918-008-0010, 10-7918-008-0030, 10-7918-008-0060, and 10-7918-008-0070) and features an existing shopping center, a detached medical office building, and additional vacant land for future development. The property is currently zoned highly desirable B-3. The existing structures have been renovated and brought up to code, including installation of new roofs. Current in-place income totals $20,786 per month with 10 tenants all on one year lease expiring Dec 31st 2026. The City will permit construction of a new building up to six (6) stories in height, providing significant upside and long-term redevelopment potential.

Features


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Location


Request Information
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker