Prime redevelopment opportunity in Miami-Dade County. This vacant 0.23-acre lot is located within the Urban Center (UC) Core – Mixed Use Corridor (MC) zoning district, allowing for mixed-use development up to 6 stories. This flexible zoning supports a variety of residential, commercial, and mixed-use configurations, making it an excellent site for builders, investors, or developers seeking to capitalize on the area’s ongoing growth. Positioned along SW 264th Street in the Naranja/Princeton corridor, the property benefits from proximity to major transit routes, retail centers, schools, and community services. The surrounding area continues to experience strong redevelopment activity, supported by Miami-Dade’s long-term urban planning and density initiatives. Whether you’re exploring multifamily, workforce housing, commercial frontage, or a mixed-use concept, this parcel offers exceptional potential in a rapidly expanding market. No HOA. A rare opportunity to secure a development-ready lot in one of South Miami-Dade’s most active growth zones. Buyer is responsible for verifying access options, easements, intended use, and any future development possibilities, etc. with Miami-Dade County and/Homestead Planning and Zoning. Parcel is being sold as-is.
Vacant landProperty Type
10,219 sq ftLot Size
$56Price/Sq.Ft.
Listed by Carla Miro• CENTURY 21 WATSON & MYERS REAL
The Comprehensive Development Master Plan (CDMP) contains directives to promote urban centers in places where mass transit, roadways, and highways are highly accessible. The CDMP provides for three types of urban centers: community (CUC), metropolitan (MUC) and regional (RUC). CUCs are a mechanism by which those CDMP directives can be addressed, because CUCs are compact, mixed-use, and pedestrian-friendly areas. In the Naranja CUC area these CDMP directives are intended to be achieved by the following means: allocating development intensities within the Naranja CUC according to proximity to mass transit, and by creating Core, Center and Edge sub-districts to allocate the various development intensities within the CUC; and by organizing an interconnected network of tree-lined streets and sidewalks to improve pedestrian access to transit, jobs, and shopping; and by providing for open space with specific square, green and/or plaza locations, and by shaping the way buildings front onto open space and streets.
Permitted uses
Include but are not limited to:
Mixed use
Climate risks
6/10 Flood Factor
Estimated 70-78% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 105° expected this year, 30 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Homestead, FL • 33032
Average low and high temperatures (°F)
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79
65
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Sun exposure
98/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 29% for direct sun exposure in Homestead. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.1 hrs
6.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 14490 SW 264th St
$558,191
$17K under list price of $575K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $445K to $760K.