Unimproved Land in 13701 SW 248th Street, Homestead, FL 33032 for sale with MLS# A12060460

Exceptional opportunity to acquire a 9.28± acre mixed-use development site in the rapidly expanding Princeton submarket of South Miami-Dade. This transit-oriented development opportunity allows a developer to move forward with one of the area's most significant high-density residential projects. The current proposal includes 846 multifamily residential units within 8- to 12-story buildings, complemented by approximately 90,000 SF of ground-floor commercial space, creating a vibrant live-work-shop environment. Strategically positioned along SW 137th Avenue, the property offers outstanding visibility and frontage in one of South Florida's fastest-growing residential corridors. The proposed development aligns with Miami-Dade County's long-term vision for higher-density, transit-supportive communities while addressing the increasing demand for workforce and attainable housing. Surrounded by ongoing residential growth, expanding infrastructure, and major transportation corridors, this site presents a rare opportunity for developers seeking a large-scale mixed-use project in one of South Miami-Dade's most active development markets. Great location with convenient access to Florida's Turnpike, US-1, and the South Dade Transit Corridor.

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13701 SW 248th Street, Homestead, FL 33032

Price
Price:
$23,750,000.00
Original List Price:
$23,750,000.00
List Price per Sq Ft (Calculated, Approx.):
$58.75
List Price per Sq Ft (Calculated, Approx.):
$58.75
Business Info
Gross Scheduled Income:
0
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Land & Docks
Property Type:
Unimproved Land
Description of Last Important Update:
New Listing
Last Major Update on:
July 27, 2026 4:00 am
Other Special Conditions:
County Jurisdiction
Measures
Lot Area:
404,236.80 Sqft
Lot Size Dimensions and Info:
404236.8
Lot Size Acres:
9.28
Property Features
Waterfront:
No
Current Use:
Unimproved, Multi-family
Road Responsibility:
Public Maintained Road
Construction
Flood Zone Code:
X
Taxes and Expenses
Tax Annual Amount:
$130,384.00
Tax Year:
2025
Utilities
Utilities Available:
None, Sewer Available
Water Source:
Public
Community
Senior Community:
No
Terms
Listing Terms Considered by Seller:
Cash
Buyer Possession:
Negotiable
Zoning and Legal
Tax Legal Description:
22 56 39 51.72 AC M/L E1/2 OF SE 1/4 LESS SW 1/4 OF SE1/4 OF SE1/4 & LESS E537FT OF NE1/4 OF SE1/4 & LESS N95FT OF E537FT OF SE1/4 OF SE1/4
Real Estate Folio Number (Parcel Number):
3069220000451
Zoning:
9000
Public Schools Assigned
Elementary School:
Sebastian
High School:
South Dade
Middle Or Junior School:
Redland
Listing History
Active on the market since:
July 27, 2026
Listing Agreement executed on:
July 27, 2026
Listing Status Last Changed On:
July 27, 2026 4:00 am
Photos updated on:
July 28, 2026 4:13 pm
Last Modified:
July 28, 2026 4:14 pm
Additional Information
Courtesy of:
RE/MAX 360 Real Estate
Attribution:
Not provided
Location
Street Name:
248th
Street Number:
13701
City:
Homestead
State:
Florida
Zip Code:
33032
County:
Miami-Dade
Latitude:
N25° 32' 24.4''
Longitude:
W81° 35' 5.5''
Street Suffix:
Street
Street Direction Prefix:
SW
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $74,995
Median Home Value $374,700
Median Rent $1,626/mo
Median Age 33
Population 62,021

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 45 Good
☀️ O3 30 Good
🫁 PM2.5 45 Good
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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.