1238 Old Dixie Hwy
Homestead, FL 33030
$399,900
$555/ft²
About this home
Exceptional opportunity in the heart of Homestead! This unique property is situated on a primarily commercially zoned lot and is currently being used as a single-family residence, offering incredible flexibility for homeowners, investors, and business owners alike. Ideally located just minutes from Downtown Homestead and parallel to U.S. 1, the property is surrounded by established businesses, warehouses, medical offices, law offices, shopping centers, and other commercial establishments. Existing 2-bedroom, 1-bathroom home sits on an oversized lot with NO HOA, providing endless possibilities. Continue using it as a residence, establish your business in the current structure, expand the existing improvements, or redevelop the property to maximize its commercial potential, subject to applicable zoning and municipal approvals. The spacious lot offers ample room to park a boat, RV, work vehicles, or equipment, with additional space for future expansion or even a pool if used residentially. Conveniently located near top-rated schools, Baptist Homestead Hospital, parks, supermarkets, restaurants, U.S. 1, Krome Avenue, and Florida's Turnpike, with easy access to the Florida Keys. Don't miss this rare opportunity to own a property that offers both residential comfort and outstanding commercial potential in one of Homestead's fastest-growing corridors! Don't miss the immersive 3D virtual tour and experience this unique property from the comfort of your home. May your best start here!
Property details
Listing
- MLS #
- A12059259
- Status
- For sale
- Listed on
- Aug 7, 2026
- Days on market
- 20 days
- Listing data updated
- Aug 26, 2026
Interior
- Beds
- 2
- Baths
- 1
- Living area
- 720 ft²
- Price per ft²
- $555/ft²
Building & community
- Type
- Single-family home
- Year built
- 1950
- County
- Miami-Dade
Lot & exterior
- Lot size
- 8,438 ft²
Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.
What's nearby
- Elementary school
- SOMERSET OAKS ACADEMY · 0.2 mi away
- Middle school
- SOMERSET OAKS ACADEMY · 0.2 mi away
- High school
- CHAMBERS HIGH SCHOOL · 0.6 mi away
- Transit
- SW 170 AV @ SW 303 ST · 0.3 mi away
- Supermarket
- Winn-Dixie · 0.3 mi away
- Park
- Vita Park · 0.1 mi away
- Pharmacy
- CVS Pharmacy · 0.3 mi away
Straight-line distances · Sources: NCES/FL DOE, GTFS Miami-Dade and Broward, OpenStreetMap
True monthly cost
FEMA zone X · minimal flood risk- Mortgage (principal & interest)
- $2,022
- Property taxes (est.)
- $367
- Home insurance (est.)
- $317
- Flood insurance (est.)
- $43
Estimated total$2,749/mo
Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.
Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.
What will this home really cost you?
Location
Mortgage calculator
$2,022/moEstimated principal & interest. Taxes, insurance, and HOA are not included. This is an estimate, not a quote or financial advice.
This listing is courtesy of The Keyes Company.
Saud Rai · 305-376-7202 · info@skywalkergroup.com · 305-247-7221
Data deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
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