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Homestead, FL 33032

$30,000,000
Property Type: Commercial Sale Square Footage: 94,240 Status: Active
Current Price: $30,000,000 List Date: 10/10/2022 Last Modified: 4/09/2026

Description

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.

Supplements: Adjacent to the Fresco Y Mas-anchored Naranja Shopping Center and near a newly developed Walmart Neighborhood Center, the site is at the heart of a rapidly growing community. The property is surrounded by ongoing high-density residential projects, with major developers such as Lennar and DR Horton building new homes to meet the rising demand driven by Miami-Dade's population growth. With 509 parking spaces, flexible zoning, and close proximity to major highways like the Florida Turnpike, this retail center is ideally positioned for long-term appreciation and steady income.

More Information MLS# A11286464

Contract Information

Comp Sale YN: No Listing Date: 2022-10-10 Status: Active Original List Price: 24495000 List Price: $30,000,000 Current Price: $30,000,000

Location and Legal

County Or Parish: Miami-Dade County Parish Name: Miami-Dade City Name: Homestead Municipal Code: 30 Postal Code: 33032 Subdivision Number: 18 Flood Zone: X Property Description: Redeveloped Shopping Center State Or Province: FL Postal Code +4: 8231 Zoning: 6072

General Property Information

Occupant Type: Call Listing Agent Accessibility Features YN: Yes Lot Size Area: 336316 Property Sub Type: Retail Building Area Main: 94240 Year Built: 1983 Lot Size Acres: 8.62

Office/Member Information

DXORIGMLSID: SEF

Parking Features

Common: 1 Free: 1 Other: 1

Structure Type

Retail: 1

Location of Property

Anchored Center: 1 Corner Lot: 1 Corner Unit: 1 Shopping Center: 1

Building Features

Truck/Loading Dock(s): 1

Business Type

Retail: 1

Sale Includes

Building: 1 Land: 1 Signs: 1

Listing Terms

Cash: 1

Showing Requirements

Appointment Only: 1 Call Listing Agent: 1

Traffic Type

Auto: 1 Heavy: 1

Section Details

Parcel Number MLX: 0040

Financial Information

Tax Annual Amount: 79932 Tax Legal Description: NARANJA LAKES SHOPPING PLAZA PB 120-59 PORT OF TR D DESC BEG AT THE MOST NLY COR OF TR A TH N 41 DEG E154FT S 48 DEG E140FT N 41 DEG E106FT

Status Change Information

Major Change Timestamp: 2025-01-01T06:00:00Z Major Change Type: Status Change Price Change Timestamp: 2024-12-20T23:28:13Z Status Change Date: 2022-10-10

Originating Details

Originating System Key: 374886905 Originating System ID: M00000151

Property Features

Building Features: Truck/Loading Dock(s) Business Type: Retail Location of Property: Anchored Center; Corner Lot; Corner Unit; Shopping Center Parking Features: Common; Free; Other Sale Includes: Building; Land; Signs Listing Terms: Cash Traffic Type: Auto; Heavy Structure Type: Retail Showing Requirements: Appointment Only; Call Listing Agent
Listing Office: Lee & Associates Miami
Last Updated: April - 09 - 2026
Homestead, FL 33032- MLS# A11286464
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