13701 SW 248th StreetHomestead, FL 33032Price: $23,750,000

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.