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SW 284th St 5 Acres of Commercial Land in Homestead, FL 33033
Investment Highlights
- ±5.02-acre infill development site in Homestead, Florida.
- Conceptual plan for a 64-unit, two-story townhome community.
- Located near U.S. 1, Florida’s Turnpike, and South Dade TransitWay BRT.
- RU-3M zoning allows multifamily and townhouse development by right.
- Administrative site plan review process with no rezoning required.
- Workforce housing component supports enhanced density allowances.
Executive Summary
Pine Place offers the opportunity to acquire a 5.02-acre infill development site strategically located in the rapidly growing Homestead/South Dade corridor of Miami-Dade County. Situated at the intersection of SW 284th Street and SW 132nd Avenue, the property benefits from proximity to U.S. 1, Florida’s Turnpike, and the South Dade TransitWay Bus Rapid Transit corridor, providing strong regional accessibility and connectivity to major employment centers throughout South Florida.
The site is zoned RU-3M (Minimum Apartment House District), allowing multifamily and townhouse development by right through administrative site plan review without the need for rezoning, variances, or public hearings. Ownership has advanced a comprehensive conceptual development plan known as Pine Place, featuring a 64-unit, two-story townhome community designed by InspiraDev. The proposed project includes private outdoor areas, dedicated parking, landscaped common spaces, and community-oriented amenities tailored to meet the growing demand for attainable housing in South Miami-Dade.
The approved density is supported by a workforce housing component that qualifies the project for additional development incentives under Florida’s Live Local Act framework. With a unified parcel configuration, a Unity of Title already in place, and a completed conceptual design package conveying with the offering, Pine Place provides a developer with a streamlined path toward construction while minimizing entitlement risk and predevelopment timelines.
The site is zoned RU-3M (Minimum Apartment House District), allowing multifamily and townhouse development by right through administrative site plan review without the need for rezoning, variances, or public hearings. Ownership has advanced a comprehensive conceptual development plan known as Pine Place, featuring a 64-unit, two-story townhome community designed by InspiraDev. The proposed project includes private outdoor areas, dedicated parking, landscaped common spaces, and community-oriented amenities tailored to meet the growing demand for attainable housing in South Miami-Dade.
The approved density is supported by a workforce housing component that qualifies the project for additional development incentives under Florida’s Live Local Act framework. With a unified parcel configuration, a Unity of Title already in place, and a completed conceptual design package conveying with the offering, Pine Place provides a developer with a streamlined path toward construction while minimizing entitlement risk and predevelopment timelines.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 5.00 AC |
| Property Type | Land | ||
| Zoning | RU-3M - Minimum Apartment House District | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 5.00 AC |
| Zoning | RU-3M - Minimum Apartment House District |
1 Lot Available
Lot
| Lot Size | 5.00 AC |
| Lot Size | 5.00 AC |
Description
The property consists of approximately 5.02 gross acres located at SW 284th Street and SW 132nd Avenue in Homestead, Florida. The site is situated within unincorporated Miami-Dade County and is zoned RU-3M (Minimum Apartment House District). The zoning permits multifamily and townhouse development and supports a conceptual 64-unit, two-story townhome community. The property is being marketed with a completed conceptual design package and benefits from a by-right administrative approval path. The site is configured as a unified assemblage with a recorded Unity of Title and is positioned within a growing residential corridor near major transportation infrastructure and employment centers.
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $2,019,004 | Total Assessment | $2,113,989 |
Property Taxes
Parcel Numbers
Land Assessment
$2,019,004
Improvements Assessment
$0
Total Assessment
$2,113,989
Contacts
-
Virgilio Fernandez, CCIM, MSIRE -
Mitash Kripalani, CCIM -
Alain Crego, MSIRE -
Cushman & Wakefield
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