28000 Kingman rd - Naranja Multi-Family Development Opportunity
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28000 Kingman rd - Naranja Multi-Family Development Opportunity
1.54 Acres of Commercial Land in Homestead, FL 33033
Investment Highlights
- Bite-sized Multi-family Development Site With 191 Buildable Units
- High Visibility And Access From US-1; Highly Accessible Via Public Transportation And The Florida Turnpike
- Vibrant Middle Class Residential Neighborhood
- Most Attractive Zoning In The Submarket
- Multiple Miami-dade Transit Routes Service The Property
Executive Summary
DWNTWN Realty Advisors has been retained exclusively by ownership to arrange the sale of 28000 Kingman Road, Naranja (Miami), FL 33033. The subject property is composed of 1.52 acres totaling 66,410 SF. With the LCCUC zoning (Leisure City Community Center Core), the sites are ideal for multifamily mixed-use, allowing for 8 stories, 191 multifamily units for a total rentable area of at least 208,219 SF. There is a massing study available to illustrate what is possible although each buyer should verify independently. Previously overlooked, Naranja is experiencing a market rate and workforce housing renaissance. Nearby, Resia Biscayne Drive is attaining $2.88 PSF rents.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Commercial |
| Property Type | Land | Total Lot Size | 1.54 AC |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 1.54 AC |
1 Lot Available
Lot
| Lot Size | 1.54 AC |
| Lot Size | 1.54 AC |
1 of 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £0 | |
| Land Assessment | £0 | Total Assessment | £502,996 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£502,996
zoning
| Zoning Code | CCUC (City Community Urban Center) |
| CCUC (City Community Urban Center) |
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Wilson Alers -
DWNTWN Realty Advisors
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28000 Kingman rd - Naranja Multi-Family Development Opportunity
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