List Search


Homestead, FL 33035

$4,500,000 USD

Land For Sale  •  4.9 AC

Property Details

  • Property Type Land
  • Lot Size 4.9 AC
  • Tenancy Multiple
  • Zoning B-2
0 Transit Score
0 Walk Score

Description

South Dade Marina Summary

Address: 54409 S. Dixie Highway (US1) Miami, FL 33035( on the Florida City to Key Largo US1 corridor) 
Folio: Miami Dade County: 30 9928 000 0030
Zoned: commercial with very valuable airport /terminal
or marina primary use designation. 
Acres: 4.90 net, 213,616.24 sqft. 
Price: $4.5 million
Position : East side of US1 , direct access to Manatee Bay and open ocean.

Formal hard turn entrance directly on US1.
Permitted wet boat slips: 27
Permitted dry boat slips: 25
 
The canal leads out to Manatee Bay without any fixed bridges. Property extends to the other side or south side of the canal. The bottom of the canal is also part of this property.
 
The property has a fixed boat ramp on the western side of the property with direct access to the bay. Two buildings are on the site, one was a single-family residence now used as a workshop, and a restaurant now used as an office. 
 
The property has a two-side jumbo billboard sign (currently in a prepaid lease that reverts back to the property in under 3 years). The sign should generate an additional $8000 per month. Current monthly net $20,000.
 
The property has a FISHCAMP designation since 1950’s, that allows the property to house RV trailers and short-term cabin rentals. This is perfect for AirBnB rentals, currently it has 3 motorhomes rented on site. The big value is the underlying zoning of B3. ( extremely liberal commercial).

Highlights

great exposure, grand-fathered zoning designation
Plenty of traffic and easy to monetize
Operates on a she string budget and always full

Financial Summary (Actual)

Net Operating Income: $240,000 USD (2023)
Raymar Rodriguez 305-606-4636 Berkshire Hathaway HomeServices Florida Realty
Raymar Rodriguez 305-606-4636 Berkshire Hathaway HomeServices Florida Realty