27230 S Dixie Hwy

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27230 S Dixie Hwy

Homestead, FL 33032
Asking Price
$2.15M
Asset Type
Traditional Office Mixed-use
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Mixed-use asset situated along the primary US-1 highway corridor
  • Current revenue streams include established office tenants on-site
  • Long-term cell tower leases provide additional stable income
  • Total asking price for the property is $2,150,000
  • Site offers significant potential for future commercial redevelopment
  • Located within the growing and accessible Homestead submarket

What's Special

Homestead serves as a vital gateway to the Everglades and a growing agricultural and logistics hub in the Miami-Dade metro area. This mixed-use property at 27230 S Dixie Hwy benefits from prominent frontage along a major transit corridor, supporting consistent visibility and accessibility for local business operations. The site currently functions as a traditional office asset, providing stable income streams through existing office tenants and long-term cell tower leases. Investors and developers may find the site particularly compelling due to its potential for future redevelopment. The parcel sits in a strategic position along the US-1 highway, allowing for various commercial or professional office use cases. With its current revenue-generating infrastructure and underlying land value, this asset represents a functional holding for those seeking exposure to the South Florida market.

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NOI
$80,000
Cap Rate
3.72%
DSCR
0.63
Underwater
Cash-on-Cash
-7.39%
Monthly Payment
$10,637.027
Annual Cash Flow
$-47,644.323

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