27230 S DIXIE HWY

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27230 S DIXIE HWY

HOMESTEAD, FL 33032-8209
Asking Price
$2.15M
Cap Rate
2.43%
Asset Type
Storefront Mixed-use
Class
Class B

AI Property Summary

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

  • Mixed-use storefront property located directly on South Dixie Highway
  • Asset currently generates income via an on-site cell tower
  • Priced at two million one hundred fifty thousand dollars
  • Maintains a current capitalization rate of two point four three percent
  • Situated in a growing region of the Miami metropolitan area

What's Special

Retail storefront operations or long-term land development find a strategic home at this mixed-use property in Homestead, Florida. Positioned directly along South Dixie Highway, the site benefits from high visibility within a key corridor connecting the southern reaches of the Miami metropolitan area. This transit-oriented location serves as a gateway to the region, supporting consistent traffic flow and accessibility for both local commerce and regional logistics. The property includes active cell tower income, providing a stable revenue stream while owners evaluate the potential for future site improvements or redevelopment. Given its strategic frontage on US-1, the asset is well-suited for businesses requiring prominent exposure or investors looking for a foothold in the expanding Homestead market. The surrounding area continues to experience steady growth, reflecting the broader economic development seen throughout Miami-Dade County.

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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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