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Tatums Colored Town, Homestead, FL 33030

190,000(-2.68% )
0.18Acre

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Details

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Status:
Active
Size: 0.18 Acres (743 m2)
Price: $1,027,222/Acre ($249/m2)
Type: Land
MLS Number: A11659089
On Site: 382 Days
Updated: 2 Days ago
Page Views: 0
Huge opportunity to own real estate in south florida's fastest-growing area. We have 2 commercial mixed use lots in homestead, totaling an expansive 8,000 sq. Ft. Located in an opportunity zone, offering significant tax benefits for real estate developers. Benefits can include temporary deferral of capital gains taxes, a step-up in basis, & even permanent exclusion of taxable income on new gains for investments held for at least 10 years. The lots may qualify for an increase in density under live local act(law designed to increase the supply of affordable housing by providing developers with tax incentives).lastly, the lots are in a tod. Transit-oriented development is a type of community design that focuses on creating walkable, mixed-use neighborhoods centered around public transit hubs.
Features
All features
  • Current Use: Other
  • Property SqFt: 8000
  • Remarks: Huge opportunity to own real estate in South Florida's fastest-growing area. We have 2 commercial mixed use lots in Homestead, totaling an expansive 8, 000 sq. ft. Located in an Opportunity Zone, offering significant tax benefits for real estate developers. Benefits can include temporary deferral of capital gains taxes, a step-up in basis, & even permanent exclusion of taxable income on new gains for investments held for at least 10 years. The lots may qualify for an INCREASE IN DENSITY under LIVE LOCAL ACT(law designed to increase the supply of affordable housing by providing developers with tax incentives).Lastly, the lots are in a TOD. Transit-Oriented Development is a type of community design that focuses on creating walkable, mixed-use neighborhoods centered around public transit hubs.
  • Internet Remarks: Huge opportunity to own real estate in South Florida's fastest-growing area. We have 2 commercial mixed use lots in Homestead, totaling an expansive 8, 000 sq. ft. Located in an Opportunity Zone, offering significant tax benefits for real estate developers. Benefits can include temporary deferral of capital gains taxes, a step-up in basis, & even permanent exclusion of taxable income on new gains for investments held for at least 10 years. The lots may qualify for an INCREASE IN DENSITY under LIVE LOCAL ACT(law designed to increase the supply of affordable housing by providing developers with tax incentives).Lastly, the lots are in a TOD. Transit-Oriented Development is a type of community design that focuses on creating walkable, mixed-use neighborhoods centered around public transit hubs.
  • Waterfront: No info
  • Days on Market: 346
  • Compass Point: SW
  • Office Name: NV Realty Services, Inc.
  • Area: 8000
  • Taxes: 971
  • Tax Year: 2023
  • Listing Date: 2024-09-16T09:17:23.000-00:00
  • Lot Size Square Feet: 8000

Price History

10/01/2025

Date

Price Reduced

Event

$184.9K

Price

-2.68%

Change Rate

$23 ft2 / $249 m2

Price Per

02/13/2025

Date

Price Reduced

Event

$190K

Price

-2.56%

Change Rate

$24 ft2 / $256 m2

Price Per

09/13/2024

Date

Listed

Event

$195K

Price

$24 ft2 / $262 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Mauryn RegueiroNV Realty Services, Inc. • Buyer Agency Compensation .

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