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$6,250,000
Est. payment /mo
3.74 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Miami Land & Development
MLS Listing ID A12080951
HOA Y/N No
Tax Year 2025
Lot Size 3.740 Acres
Acres 3.74
Lot Dimensions 195x700
Property Sub-Type Commercial
Property Description
Exceptional 3.74-acre development and investment opportunity at the prominent corner of Campbell Drive and NE 12th Avenue in Homestead. The 162,911 SF site is zoned B-1 Restricted Retail Commercial with Light Commercial Future Land Use, Campbell Drive Corridor overlay and RTDO Subzone 4. RTDO Subzone 4 provides a minimum density of 20 DU/acre and a maximum density of 31 DU/acre, with the maximum density equating to approximately 115 theoretical residential units, subject to final site planning and approvals. The property has a 1.0–2.0 FAR and maximum height of 3 stories. Multifamily and vertical mixed-use development may be considered subject to applicable requirements. RTDO standards provide no minimum off-street parking requirement for the residential component of a qualifying development. B-1 zoning provides opportunities for retail, restaurant, office, professional/medical and other permitted uses. The property may also potentially qualify under Florida's Live Local Act, subject to statutory requirements and City review. Existing improvements provide potential for continued use/income while evaluating future redevelopment. Excellent visibility and access along Campbell Drive, surrounded by expanding residential and commercial development with convenient access to US-1 and Florida's Turnpike. All development potential is subject to governmental approvals and buyer due diligence
Location
State FL
County Miami-dade
Community Miami Land & Development
Area 79
Zoning 6300
Exterior
Utilities Available Electricity Available, Phone Available, Sewer Available, Trash Collection, Water Available
Present Use Commercial,Hotel/Motel,Unimproved
Private Pool Yes
Building
Sewer Public Sewer, Other
Water Public, Other
Others
Tax ID 10-79-17-001-0210
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12080951
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Listed by First Service Realty ERA
NEARBY SCHOOL & BUSINESS
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