Share This Listing

Message

960 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Mixed-Use Development: Combines residential and commercial components for added value
  • 33,327 SF Total Buildable Area: Efficiently designed for optimized rental income
  • Value-Engineered for Cost Efficiency: Low-rise construction & surface parking to keep development costs low
  • 59 Approved Residential Units: Fully entitled, ready for immediate development
  • 0.89-Acre Lot: Prime development site in a high-demand market. $204,716 Price Per Unit (All-In): Competitive pricing with strong value potential
  • Located in Princeton: Homestead’s Fastest-Growing Submarket – At the center of major new developments and economic expansion

Executive Summary

Ceme Village: A Premier Mixed-Use Multifamily Development in Princeton, Homestead. Shovel-Ready 59-Unit Mixed-Use Development in South Florida’s Fastest-Growing Submarket. Ceme Village is a fully entitled, shovel-ready 59-unit mixed-use development located in Princeton, a high-growth area of Homestead, Florida, that is currently experiencing the most significant large-scale development and transformation in the region. The project was strategically designed using value engineering to minimize construction costs while maximizing efficiency and long-term value. Featuring low-rise construction and surface parking, Ceme Village ensures a cost-effective development approach without compromising quality. Additionally, the mixed-use component enhances the project’s value by integrating residential and commercial spaces, creating a well-balanced, vibrant community that meets the needs of this expanding market.

Property Facts

Price $4,522,353 CAD
Price Per Unit $86,968 CAD
Sale Type Investment
No. Units 52
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.89 AC
Construction Status Proposed
Building Size 65,000 SF
No. Stories 4
Zoning 6172 UC CORE - MAIN STREE - Multifamily

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Kitchen

Site Amenities

  • 24 Hour Access

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 23 - -
2+1 29 - -
Somewhat walkable
30/100
Exceptionally drivable
90/100
Limited public transit
20/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
30-6926-003-0090
Land Assessment
$1,094,355 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,094,355 CAD
  • Listing ID: 35636105

  • Date on Market: 2025-04-25

  • Last Updated:

  • Address: 24940 SW 135th Ave, Homestead, FL 33032

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}