Reason for Selling:

Not Disclosed

Overview of the Business:

Retail, Office, Medical Building. 2 stories can go to six. 22,000 square feet on 1.6 acres. 17,000 sq. ft. down, 5,000 sq. ft. above. Vacant. New roof. Strong reinforced concrete. Centrally located, downtown Homestead next to the projected new City Hall (already broke ground) & next to Miami-Dade college (6,000 students). US Census: Homestead one of fastest growing cities in the USA.

Property Features and Assets:

5 minutes to FL Turnpike exit. Four (4) blocks to US-1. The new Homestead City Hall is cited to be a "world class building and the cornerstone of the new downtown Homestead. City Hall parking will be across the street. The subject building has a stop light on west corner and a Metro Dade sheltered bus stop on the east corner. When finished the new City Hall will give much extra value to the subject property. The subject also has two separate street entrances, one on Flagler Avenue (500' frontage) and one on Civic Center (2nd street).

Market Competition and Expansion:

The US Census lists Homestead as one of the fastest growing cities in Dade County and the US. Within the last several years Homestead has acquired the new State of the Art Baptist Hospital and over 25 new major corporations including Wal-mart, office Depot, Sports Authority, Kohl's, several Starbucks, Lowe's, etc. and the grand opening of Golden Coral and Olve Garden, etc. Plus the national attention of the Nascar Racetrack, and the Gateway To The Florida Keys.

Additional Details: