1200 NE 8th Street, Homestead, FL 33033 (MLS# A12080951)

1200 NE 8th Street, Homestead, FL 33033

$6,250,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12080951

Property Type: Land & Docks Lot Size (sq. ft.): 162,911 Status: Active

Current Price: $6,250,000 List Date: 8/19/2026 Last Modified: 9/21/2026

Overview

Description

Exceptional 3.74-acre (approximately 162,911 SF) income-producing development opportunity located at the prominent corner of Campbell Drive and NE 12th Avenue in Homestead, Florida. Potential development opportunities include multifamily, vertical mixed-use, retail, professional office, medical-office, healthcare facilities, religious institutions and places of worship. The property is currently improved with an approximately 13,000+ SF facility leased through June 30, 2027, generating approximately $248,875 in annual contractual rent for the 2026–2027 lease year, combining existing rental income with significant commercial and residential redevelopment potentialZoned B-1 Restricted Retail Commercial and is located within the Rapid Transit Development Overlay District (RTDO), Subzone 4, and Campbell Drive Corridor. Applicable zoning provides a minimum residential density of 20 dwelling units per acre and a maximum of 31 dwelling units per acre, representing approximately 115 theoreti ... (Read more) Exceptional 3.74-acre (approximately 162,911 SF) income-producing development opportunity located at the prominent corner of Campbell Drive and NE 12th Avenue in Homestead, Florida. Potential development opportunities include multifamily, vertical mixed-use, retail, professional office, medical-office, healthcare facilities, religious institutions and places of worship. The property is currently improved with an approximately 13,000+ SF facility leased through June 30, 2027, generating approximately $248,875 in annual contractual rent for the 2026–2027 lease year, combining existing rental income with significant commercial and residential redevelopment potentialZoned B-1 Restricted Retail Commercial and is located within the Rapid Transit Development Overlay District (RTDO), Subzone 4, and Campbell Drive Corridor. Applicable zoning provides a minimum residential density of 20 dwelling units per acre and a maximum of 31 dwelling units per acre, representing approximately 115 theoretical residential units at maximum density, subject to applicable development standards and approvals. RTDO standards provide a maximum building height of three stories and FAR of 1.0–2.0. Qualifying commercial retail uses of up to 10,000 SF are permitted by right, while larger retail uses of up to 20,000 SF may be considered through Special Exception approval.Strategically located directly across from Harris Field, the property offers excellent visibility, convenient access to the Florida Turnpike and US-1, and proximity to Publix, Target, Lowe's, Baptist Health and other major retailers. An exceptional opportunity for investors, developers and owner-users seeking an income-producing property with future redevelopment potential in Homestead's growing commercial corridor. All development potential, density, permitted uses and zoning information are subject to independent verification, applicable development standards and governmental approvals. Buyers are responsible for conducting their own due diligence.

Listing Details MLS# A12080951

General Property Information

Property Sub Type: Unimproved Land
Lot Size Acres: 3.74
Lot Size Square Feet: 162911
Lot Size Dimensions: 162911
Lot Depth: 700
Lot Frontage: 195
LP/SqFt: 38.36

Property Features

Comprehensive Plan Use: Central Urban; Intensive Development; Urban Commerce Current Use: Commercial; Hotel/Motel; Multi-Family; Unimproved Environmental Audit: Unknown Location of Property: Corner Lot; Corner Unit Possession: Negotiable Possible Use: Commercial Sewer: Public Sewer Special Information: City Jurisdiction Utilities: Electricity Available; Phone Available; Sewer Available; Water Available; Trash Removal Listing Terms: Cash; Other Road Frontage Type: County Road; Public Road Road Responsibility: Public Maintained Road Water Source: Public; Other Showing Requirements: Call Listing Agent Acreage Description: 2 To Less Than 3 Acre Lot; 3 To Less Than 4 Acre Lot; 4 To Less Than 5 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 6250000
LP/Acre: 1671122.99
LP/Frontage: 32051.28

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 1200
Street Direction Prefix: NE
Street Name: 8th
Street Suffix: Street
City Name: Homestead
Municipal Code: 10
State Or Province: FL
Postal Code: 33033
Postal Code +4: 4501
Postal Zip: 33033
Subdivision Name: MIAMI LAND & DEVELOPMENT
Area: 2790
Elementary School: Laura C. Saunders
Middle Or Junior School: Homestead
High School: Homestead
Parcel Number: 1079170010210
Subdivision Number: Yes
Zoning: 6300
Flood Zone: AH,X

Financial Information

Tax Year: 2025
Tax Legal Description: 17 57 39 3.74 AC MIAMI LAND & DEV COS SUB PB 5-10 LOT 12 BLK 2 LESS S250FT & LESS N35FT LOT SIZE 162911 SQ FT OR 19210-2458 062000 4

Status Change Information

Major Change Timestamp: 2026-08-19T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-09-01

More Information

Income and Expenses

Gross Scheduled Income: 248875
Inc/Exp Statement Period: 2026

Price Calculations

Current Price To SqFt: 38.36

Section Details

Parcel Number MLX: 0210

Originating Details

Originating System Key: 560987551
Originating System ID: M00000151

Listing Office: First Service Realty ERA

Last Updated: September - 21 - 2026

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