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Executive Summary

Prime redevelopment opportunity in Miami-Dade County. This vacant 0.23-acre lot is located within the Urban Center (UC) Core – Mixed Use Corridor (MC) zoning district, allowing for mixed-use development up to 6 stories. This flexible zoning supports a variety of residential, commercial, and mixed-use configurations, making it an excellent site for builders, investors, or developers seeking to capitalize on the area’s ongoing growth. Positioned along SW 264th Street in the Naranja/Princeton corridor, the property benefits from proximity to major transit routes, retail centers, schools, and community services. The surrounding area continues to experience strong redevelopment activity, supported by Miami-Dade’s long-term urban planning and density initiatives. Whether you’re exploring multifamily, workforce housing, commercial frontage, or a mixed-use concept, this parcel offers exceptional potential in a rapidly expanding market. No HOA. A rare opportunity to secure a development-ready lot in one of South Miami-Dade’s most active growth zones. Buyer is responsible for verifying access options, easements, intended use, and any future development possibilities, etc. with Miami-Dade County and/Homestead Planning and Zoning. Parcel is being sold as-is.

Property Facts

Price $600,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Apartment Units
  • Apartment Units - Condo
Total Lot Size 0.23 AC
Zoning MC - Urban Center, Mixed Use Corridor

1 Lot Available

Lot

Price $600,000
Price Per AC $2,608,695.65
Lot Size 0.23 AC

Prime 0.23-acre redevelopment lot in Miami-Dade’s UC Core – MC zoning. Mixed-use up to 6 stories allowed. Located along SW 264th St near transit and retail. Strong area growth makes this a rare developer opportunity.

Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
30-6934-004-0180
Land Assessment
$516,320
Improvements Assessment
$3,868
Total Assessment
$520,188
  • Listing ID: 40776030

  • Date on Market: 6/3/2026

  • Last Updated:

  • Address: 14490 SW 264th St, Homestead, FL 33032

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