Commercial property in Homestead, Florida 394.65 sq.m. № 2256555

Property description

Rare income-producing infill redevelopment opportunity in the heart of Homestead. Property consists of two duplexes totaling four occupied units, each featuring 3 bedrooms, 1.5 bathrooms, kitchen, family room, washer/dryer hookups, and ample parking. Currently generating approximately $8,400/month in gross rental income, offering immediate cash flow while exploring future development potential. In addition to the existing improvements, the property includes approximately 16,000 SF of additional land with conceptual potential for up to three 5,000 SF single-family lots, subject to buyer verification and approval by the City of Homestead. Strategically located near Historic Downtown Homestead, major transit corridors, schools, shopping, and ongoing area growth and redevelopment. Ideal opportunity for investors, developers, land bankers, or buyers seeking existing income with long-term upside. Some images have been virtually staged.