Homestead, FL
Commercial Real Estate Market Trends & Data

$423 Avg asking sale price
$2,753 Avg asking lease rate
14,217 SF Avg unit lease size
15,706 SF Avg building size for sale
5.61% Average cap rate

Homestead's Demographic Profile

Homestead has 22,949 households and a median income of $55,991, providing context for rent absorption and tenant demand across retail and multifamily assets. A -2% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 75,909
# Households 22,949
Median age 34
Median household income $55,991
Avg household size 3.0
Renter-occupied housing units 12,959
5-year population change -2%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Homestead, FL

↻ Updated Monthly

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Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Homestead $342 16,939 SF 7.00%
Everglades National Park $256 18,334 SF 5.02%
Florida City $256 18,334 SF 5.02%
Naranja $259 30,400 SF 7.00%
Princeton $279 16,813 SF 7.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Homestead $363 16,052 SF
Everglades National Park $363 16,052 SF
Florida City $411 11,723 SF
Leisure City $419 37,810 SF
Naranja $325 92,351 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Homestead $278 25,838 SF 7.00%
Everglades National Park $369 9,551 SF 5.72%
Naranja $169 47,861 SF 7.00%
Princeton $249 32,059 SF 7.00%

Commercial Properties For Sale in Homestead

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Turnkey Detox Facility

Homestead, FL 33030

  • 3,090 SF Health Care Building
  • $2,350,000
For Sale

4.5 Acre/45,000 sq. ft. Retail Sale or Lease

Homestead, FL 33033

  • 46,919 SF Retail Building
  • $8,500,000
For Sale

21 S Krome Ave

Homestead, FL 33030

  • 10,078 SF Retail Building
  • 5.40% Cap Rate
  • $3,000,000
For Sale

186 NW 1st Street

Homestead, FL

  • $1,500,000
For Sale

United Nursery - 75 Acres (SW 304th & 217th)

Homestead, FL 33030

  • 75 AC Lot
  • 1 Commercial Lot
  • $14,000,000
For Sale

359x1 S Dixie Hwy

Homestead, FL 33034

  • 6.50 AC Lot
  • 1 Commercial Lot
  • $3,995,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Homestead pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Homestead $423 15,706 SF
Everglades National Park $442 10,526 SF
Florida City $496 8,948 SF
Leisure City $454 42,026 SF
Naranja $169 47,861 SF

Multifamily Properties For Sale in Homestead

For Sale

24940 SW 135th Ave

Homestead, FL 33032

  • 65,000 SF Multifamily
  • $3,300,000

Regional Demographic Comparison

This comparison places Homestead alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Homestead or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Homestead 75,909 22,949 34 $55,991 3 12,959 -2%
Everglades National Park 33,782 9,539 34 $44,736 3 5,319 -3%
Leisure City 24,550 7,055 37 $41,688 3 3,459 -1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Homestead, FL and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Homestead

View All Commercial Real Estate For Sale in Homestead
Is Homestead a good market for a first-time commercial real estate investor?

Homestead offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Homestead?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Homestead. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Homestead?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Homestead. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Homestead compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Homestead. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Homestead acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Homestead, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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