Ceme Village | 24940 SW 135th Ave
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Ceme Village 24940 SW 135th Ave
52 Unit Apartment Building $5,350,000 ($102,885/Unit) Homestead, FL 33032
Investment Highlights
- Multifamily development project has already been approved for construction of 59 units
Executive Summary
A multifamily development project in the Naranja area is fully approved and ready for construction. This project includes 52 residential units and 7 retail spaces, with all necessary permits in place. The building will consist of 52 units divided into 7 studios, 16 units 1 Bed/ 1 Bath, 27 units 2 Bed/ 1 Bath, 2 3 Bed/ 2 Bath and 7 retail spaces.
The sale of the land includes these approved plans and permits. Additionally, there is potential to expand the project to up to 6 floors, allowing for higher density. Notably, recent sales in the area have not included plans or permits, and one was a Real Estate Owned (REO) property.
A multifamily development project in the Naranja area is fully approved and ready for construction. This 52-unit project, located near US 1 (South Dixie Hwy) between Tropical Ave and SW 136th Rd, offers unique advantages as part of the Urban Core District. Unlike other locations in the area, this prime spot benefits from strategic urban planning and infrastructure.
Moreover, the nearby cities of Florida City and Homestead are developing live-work-play zones to minimize commuting and provide residents with new local options for employment and recreation. This forward-thinking approach enhances the appeal and convenience of the Naranja project, making it an ideal investment opportunity.
The sale of the land includes these approved plans and permits. Additionally, there is potential to expand the project to up to 6 floors, allowing for higher density. Notably, recent sales in the area have not included plans or permits, and one was a Real Estate Owned (REO) property.
A multifamily development project in the Naranja area is fully approved and ready for construction. This 52-unit project, located near US 1 (South Dixie Hwy) between Tropical Ave and SW 136th Rd, offers unique advantages as part of the Urban Core District. Unlike other locations in the area, this prime spot benefits from strategic urban planning and infrastructure.
Moreover, the nearby cities of Florida City and Homestead are developing live-work-play zones to minimize commuting and provide residents with new local options for employment and recreation. This forward-thinking approach enhances the appeal and convenience of the Naranja project, making it an ideal investment opportunity.
Property Facts
Unit Amenities
- Air Conditioning
- Dishwasher
- Kitchen
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 16 | $1,575 | 480 - 494 |
| 2+1 | 27 | $2,263 | 608 - 635 |
| Studios | 7 | $1,260 | 330 |
| 3+2 | 2 | $2,888 | 1,053 |
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PROPERTY TAXES
| Parcel Number | 30-6926-003-0090 | Improvements Assessment | $0 |
| Land Assessment | $798,560 | Total Assessment | $798,560 |
PROPERTY TAXES
Parcel Number
30-6926-003-0090
Land Assessment
$798,560
Improvements Assessment
$0
Total Assessment
$798,560
zoning
| Zoning Code | 6172 UC CORE - MAIN STREE (Multifamily) |
| 6172 UC CORE - MAIN STREE (Multifamily) |
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Ceme Village | 24940 SW 135th Ave
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