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29500 Old Dixie Hwy, Homestead, FL, 33033

$5,740,000

3.04 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeBusiness
MLS #A11446663
Lot Size3.04 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 29500 Old Dixie Hwy

Redevelopment site located in unincorporated Miami-Dade county, right in the center of one of Miami's greatest developing urban hubs, Naranja and Homestead. The 2 parcels are located in the Rapid Transit Zone (RTZ) within 1/4 mile from the South Dade Transitway Corridor of the Strategy Miami Area Rapid Transit (SMART). As established by the Ordinance No. 0-22-106 these are the uses permitted on the site: Schools (K-12), Trade schools, Civic uses, Child-care facilities, Religious facilities, Hospitality, Urgent Care, Professional Business offices and Mixed-use development with a floor-area ratio (FAR) up to 2.0 and residential density of 60 unit/acre for a total of 182 units. Adjacent 2.2 acre lot it is available for sale.

Property Details

Property Features

Listing Office:

  • Office Name: Compass Florida, LLC.
  • Office Phone: (305) 851-2820
  • Listing Agent: Laura Kefalidis

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  • Virtual Tour: 29500 Old Dixie Hwy

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Lot Features

Lot Information:

  • Lot Size: 3.04 Acres

School Info

Assigned Schools Information:

  • South Dade Senior High School, Public Magnet Grades 9-12
  • South Dade Middle School, Public Magnet Grades 4-8
  • Avocado Elementary School, Public District Grades PK-3

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,740,000

Tax Information:

  • Annual Amount: $4,745
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Homestead, FL.

Med. Sold Price

$449.9K

Med. Price/SqFt

$263

Avg. Days On Market

53

# of Sold Homes

160

29500 Old Dixie Hwy vs Homestead

236 DAYS ON ROCKET

+183 Days

$5,740,000

+$5.2M More

KEY TAKEAWAY

This property is $5.2M more than the Median Sold Price in Homestead, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11446663

Listing Office:

  • Office Name: Compass Florida, LLC.
  • Office Phone: (305) 851-2820
  • Listing Agent: Laura Kefalidis

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 11:25:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,745$268,732
2018$4,578$265,212
2017$4,653$265,694

History based on county public records data.

Payment Calculator

$28.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$17.2K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1210527
5
/10
  • Avocado Elementary School

  • 16969 SW 294th St

  • 0.75 miles

  • Public District Grades PK-3

Middle School

school-card-donut-1210528
3
/10
  • South Dade Middle School

  • 29100 SW 194th Ave

  • 3.33 miles

  • Public Magnet Grades 4-8

High School

school-card-donut-1210529
3
/10
  • South Dade Senior High School

  • 28401 SW 167th Ave

  • 0.68 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $86,310. The majority of Homestead, FL residents have income between $35k-100k annually. Typical family type is married, with kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 29500 Old Dixie Hwy

What is the listing price of this property?

The listing price of 29500 Old Dixie Hwy property is $5,740,000.

What type of property is this?

The property 29500 Old Dixie Hwy is land located in Homestead, Florida, 33033.

Is this property for sale now?

Accepting Backup Offers: 29500 Old Dixie Hwy is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 29500 Old Dixie Hwy are:
Avocado Elementary School: GreatSchools Rating 5/10
South Dade Middle School: GreatSchools Rating 3/10
South Dade Senior High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,745 (source: MLS/based on county public records data).

How much acreage is this property?

The property 29500 Old Dixie Hwy is 3.04 acres.
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Rocket HomesFloridaMiami-Dade CountyHomestead3303329500 Old Dixie Hwy

This home is located at 29500 Old Dixie Hwy in Homestead, FL and zip code 33033 in the Leisure City Area neighborhood. This home sits on a 3.04 acre lot. It has been listed on Rocket Homes since September 03, 2023 and is currently priced at $5,740,000.

In March 2024 more than 31 listings in Homestead, FL were sold above the asking price. During the same period more than 42 listings were sold at asking price, while more than 87 were sold below. In March 2024 in Homestead, FL there were 9.1% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $449,993, while the average time on the real estate market was 53 days.

From Rocket Homes Real Estate and based on county public records data.

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