Commercial Sale · Retail
, HOMESTEAD, FL, 33032
Active1382 days on marketListed Oct 10, 2022MLS #A11286464
About this property
The property at a glance
Lee & Associates South Florida is pleased to offer Shoppes at Naranja Lakes for sale, an exceptional value-add retail investment opportunity located in the high-growth corridor of South Miami-Dade County. This 92,351 SF neighborhood shopping center sits on approximately 9 acres, boasting over 600 feet of prime retail frontage along US-1/S Dixie Highway with daily traffic counts exceeding 46,000 AADT. The center was recently redeveloped and is anchored by a solid mix of national credit tenants, including a gym, medical center, and grocer. The property offers investors significant upside potential, with its high-profile location and the area's booming residential and commercial development.
94,240
Building sq ft
$318
Price / sq ft
8.62
Lot acres
1983
Year built
6072
Zoning
Retail
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$141,720/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Krystina to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
62,021
Population
$74,995
Median income
33.5
Median age
3.38
Avg household
$374,700
Median home value
$1,626/mo
Median rent
9,136
Households w/ kids
Your team
The pros in your corner
Your agent
Krystina Allen
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for .
See it in person
Schedule a tour
Live availability from Krystina's calendar — pick a time and it's booked.
Listing courtesy of Lee & Associates Miami · Matthew Rotolante. MLS #A11286464.
IDX information 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. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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