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$ 30,000,000
Est. payment /mo
Active
Address not disclosed Homestead, FL 33032
94,240 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 94,240 sqft
Price per Sqft $318
MLS Listing ID A11286464
HOA Y/N No
Year Built 1983
Annual Tax Amount $79,932
Lot Size 8.620 Acres
Acres 8.62
Property Sub-Type Retail
Property Description
Lee & Associates South Florida is pleased to offer Shoppes at Naranja Lakes for sale, an exceptional value-add retail investment opportunity located in the high-growth corridor of South Miami-Dade County. This 92,351 SF neighborhood shopping center sits on approximately 9 acres, boasting over 600 feet of prime retail frontage along US-1/S Dixie Highway with daily traffic counts exceeding 46,000 AADT. The center was recently redeveloped and is anchored by a solid mix of national credit tenants, including a gym, medical center, and grocer. The property offers investors significant upside potential, with its high-profile location and the area's booming residential and commercial development. Adjacent to the Fresco Y Mas-anchored Naranja Shopping Center and near a newly developed Walmart Neighborhood Center, the site is at the heart of a rapidly growing community. The property is surrounded by ongoing high-density residential projects, with major developers such as Lennar and DR Horton building new homes to meet the rising demand driven by Miami-Dade's population growth. With 509 parking spaces, flexible zoning, and close proximity to major highways like the Florida Turnpike, this retail center is ideally positioned for long-term appreciation and steady income.
Location
State FL
County Miami-dade
Community Shopping
Area 2690
Zoning 6072
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Parking Features Common, Free Parking, Other
Community Features Shopping
Accessibility Accessibility Features
Building
Lot Description Corner Lot
Dwelling Type Retail
Others
Tax ID 3069330180040
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11286464
Listed by Matthew Rotolante Lee & Associates Miami