Homestead, FL
Commercial Real Estate Market Trends & Data

$408 per SF Avg asking sale price
$31 per SF Avg asking lease rate
14,551 SF Avg unit lease size
19,409 SF Avg building size for sale
6.44% 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%

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↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Homestead $666 5,315 SF 6.75%
Everglades National Park $666 5,315 SF 6.75%
Quail Heights $230 34,233 SF 6.27%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Homestead $411 20,469 SF 7.00%
Everglades National Park $334 17,080 SF 5.02%
Florida City $461 17,080 SF 5.02%
Naranja $259 30,400 SF 7.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Homestead $381 26,262 SF
Everglades National Park $379 29,296 SF
Florida City $444 13,436 SF
Leisure City $181 76,877 SF
Key Largo $1,082 3,753 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Homestead $296 19,934 SF 9.00%
Everglades National Park $388 13,404 SF 9.00%
Florida City $333 9,844 SF 9.00%
Naranja $214 47,700 SF 7.00%
Princeton $259 26,290 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

SW 212th Ave & Lucille Dr

Homestead, FL 33034

  • 7.50 AC Lot
  • 1 Agricultural Lot
  • $1,200,000
For Sale

REGAL PALM SUBDIVISION

Homestead, FL 33034

  • 4,200 SF Multifamily
  • $855,000
For Sale

PINE ISLE Pinevista

Homestead, FL 33033

  • 7,800 SF Multifamily
  • $2,100,000
For Sale

Keys Point

Florida City, FL 33034

  • 15,600 SF Multifamily
  • $3,839,000
For Sale

AURORA

Homestead, FL 33034

  • 24,700 SF Multifamily
  • $5,850,000
For Sale

PRINCETON TOWERS

Homestead, FL 33032

  • 9.28 AC Lot
  • 1 Commercial Lot
  • $23,750,000

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 $408 19,409 SF
Everglades National Park $439 18,474 SF
Florida City $470 11,191 SF
Leisure City $280 58,584 SF
Naranja $155 47,700 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.

Nearby Market Trends