3 Acre Garden Style Lake Front Apartment Site on US-1

US-1 and SW 274th St, Homestead, FL

$3,250,000

Price

3 acres

Lot Area

 
Overview
Lot Area
3 acres
Description

Lee & Associates South Florida presents a 3+ acre lakefront development site in growing South Miami-Dade County. With an opportunity to develop high-density multifamily up to 70 units, the site is also conveniently located adjacent to a Fresco Y Mas (Winn Dixie) grocery-anchored retail center that offers many amenities including grocery, dining, shopping, a gym, and healthcare services. The site is also accessible to all of Miami's major urban districts and employment centers within easy walking distance just across US-1 from the South Miami-Dade Busway Station connecting to the MetroRail at Dadeland Station.

The site provides current MC zoning and a total density of approximately 70 multifamily units, perfect for a Garden Style, Surface Park development. The property is also nearby to Elementary and Senior High School.

Steps from US-1 S Dixie Hwy and Miami Dade Busway, and only 5 minutes west of Florida's Turnpike. Adjacent to Winn Dixe, 24hr Gym, Primary Care Doctor, Family Dollar, Self Storage facility and more.


This Apartment Site has excellent access to US-1, Turnpike, and the Busway. Walking distance from Winn Dixie, a 24 hr Fitness Facility, a Self Storage Facility, Medical Doctor and several restaurants. It is a waterfront location and can fit up 70 units Garden Style with Surface Parking. Priced to sell at $750k per acre or $32,145 per units at a density of 23 units per acre.

Highlights
  • 3+ AC Lake Front Land for Multifamily Development
  • Build up to 70 Multifamily units
  • Walk to Fresco Y Mas (Winn Dixie) Grocery-Anchored Retail Center and 24-Hr Fitness Center
  • Elementary and Senior High Schools Nearby
  • Access to US-1, Turnpike and South Dade Busway Station
Documents

Location
Gallery