Listed by Compass Commercial, Compass Florida, LLC., Compass Coral Gables
$5,999,000
Homestead Development Site
Details
APN 10-79-17-001-0210
Property Type Land
Sub Type Commercial
Lease Expiration 06/29/2027
Remaining Term 1.1
Broker Co-Op Yes
Acreage 3.740
Zoning 6300
Parking Spaces 69 spaces
High-Traffic Commercial Site Within Transit-Oriented District
Marketing description
Discover an exceptional commercial opportunity in the heart of Homestead! Located on the highly visible corner of Campbell Drive and NE 12 Ave (Harris Field), this expansive 3.74-acre corner lot, zoned B-1, offers limitless potential for development. Currently functioning as a school with 13,000+ sqft, built in 2002, and 69 dedicated parking spaces, the property is ideally suited for a range of commercial uses. With a daily traffic flow of 39,300 vehicles, this prime location guarantees maximum exposure and accessibility for any business.. This is a rare opportunity to capitalize on a high-traffic, high-visibility location in one of Homestead’s busiest corridors.
Investment highlights
3.74-acre signalized corner site at high-traffic intersection
Covered land play: $18,000/month income through June 2027
Zoned B-1: allows up to 30 dwelling units per acre and 6 stories
Located within Rapid Transit Zone (RTZ) – increased density by right and reduced parking
Qualified Opportunity Zone (QOZ) – potential capital gains deferral and exclusion
Qualified Census Tract (QCT) – may support subsidy eligibility
Live Local Act eligible – potential property tax abatement
Ideal for multifamily, workforce housing, or mixed-use development
Situated in a fast-growing South Florida submarket with strong long-term fundamentals
Listing Contacts
Listed by Compass Commercial, Compass Florida, LLC., Compass Coral Gables
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