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17 NE 1st Rd 15,037 SF 100% Leased Retail Building Homestead, FL 33030 $6,999,999 ($465.52/SF)
Investment Highlights
- RTDO, CRA & Metropolitan Urban Center Location/±75,000 SF Full-Block Urban Infill Redevelopment Site/Strong Workforce Housing & Multifamily Positionin
- Multiple Street Frontages & Excellent Visibility/Near US-1, Transit Center, Retail & Miami Dade College
- Quarter-Mile Transit Buffer with Mixed-Use Potential/Transit-Oriented Development Opportunity/Reduced Parking Framework Under RTDO
Executive Summary
Exceptional redevelopment opportunity within Homestead’s rapidly evolving urban core. This ±75,000 SF full-block assemblage is strategically positioned within the CRA, Metropolitan Urban Center, and Rapid Transit Development Overlay (RTDO), just moments from US-1, public transit, major retail corridors, Miami Dade College, and surrounding urban amenities. Current zoning and overlay framework support high-intensity mixed-use redevelopment potential with strong transit-oriented and workforce housing positioning. Property features extensive multi-street frontage, excellent visibility, existing infrastructure, and rare urban infill scale in one of South Miami-Dade’s emerging redevelopment corridors. RTDO framework promotes walkability, transit-oriented density, mixed-use integration, and reduced parking requirements, creating a compelling opportunity for developers seeking multifamily, workforce housing, retail, office, or transit-oriented redevelopment concepts. Existing 16,000+ SF structure currently on site.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
15,037 SF
Building Class
C
Year Built
1962
Price
$6,999,999
Price Per SF
$465.52
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
1.72 AC
Opportunity Zone
Yes
Zoning
B-3 - B-2 within RTDO, CRA & Metropolitan Urban Center. Transit-oriented mixed-use redevelopment potential within quarter-mile transit buffer.
Parking
60 Spaces (3.99 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Bus Line
- Commuter Rail
- Corner Lot
- Courtyard
- Fenced Lot
- Mezzanine
- Restaurant
- Security System
- Signage
- Air Conditioning
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 10-7918-008-0740 | Improvements Assessment | $532,177 |
| Land Assessment | $1,500,000 | Total Assessment | $2,032,177 |
Property Taxes
Parcel Number
10-7918-008-0740
Land Assessment
$1,500,000
Improvements Assessment
$532,177
Total Assessment
$2,032,177
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17 NE 1st Rd
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