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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 | Apartment Style | Mid-Rise |
| Price Per Unit | $86,968 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.89 AC |
| No. Units | 52 | Construction Status | Proposed |
| Property Type | Multifamily | Building Size | 65,000 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Zoning | 6172 UC CORE - MAIN STREE - Multifamily | ||
| 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
| Parcel Number | 30-6926-003-0090 | Improvements Assessment | $0 CAD |
| Land Assessment | $1,094,355 CAD | Total Assessment | $1,094,355 CAD |
Property Taxes
Parcel Number
30-6926-003-0090
Land Assessment
$1,094,355 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,094,355 CAD
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