321 Southwest 6th Street, Homestead, FL 33030

5,000 Square Foot Lot FOR SALE in Homestead, Florida. The property sits in a TOD ZONE and should qualify for an increase in density under the LIVE LOCAL ACT. This is an INFILL play developers who understand how to leverage Florida's new housing laws to maximize yield. This property is uniquely positioned to benefit from Florida's aggressive 2026 housing legislation. By sitting in a Transit-Oriented Development (TOD) Zone and qualifying under the Live Local Act (LLA), a developer can bypass traditional zoning hurdles that usually stifle small-lot efficiency. The Live Local Act is a game-changer for infill lots. Because this land is zoned for Commercial Mixed-Use, you are eligible for by right multifamily development without needing a rezoning or a variance. You are entitled to the highest density allowed anywhere in the city where residential is permitted. You can build as high as the tallest commercial or residential building within 1 mile of the site (or at least 3 stories). If there is a 5-story building nearby, your 5,000 sq. ft. lot could potentially match that height, maximizing your vertical yield. Current zoning allows for 5 stories. On a small 5,000 sq. ft. lot, the biggest project killer is usually parking. Building a parking garage or surface lot eats up the entire footprint. Under recent 2026 updates and established TOD guidelines, parking requirements can be eliminated entirely for projects within a TOD zone. Without the need for onsite parking, you can utilize nearly the entire lot for the building structure, significantly increasing your Rentable Square Footage (RSF). Hard to find this type of development flexibility anywhere in Miami! Huge Opportunity in a booming market!

**Vacant Lot next door FOR SALE | 3K Square Feet | $82,500 | Lowest Prices in the Area**