The Alpha Commercial Advisors in proud partnership with Maddux and Company introduce an exceptional stabilized office park and covered land opportunity in the heart of Homestead, Florida. Boasting an expansive 6+ acre footprint and an impressive 71,003 SF of office space, the property currently generates close to $1.5 million in gross annual income (approx. $900K net after re-assessed taxes). Ideal for investors prioritizing cash-flowing assets while pursuing development approvals, or end-users seeking a landmark corporate headquarters location. Strategically located right off the Turnpike and adjacent to the S. Dixie Hwy corridor, this property offers unparalleled accessibility and visibility to the Homestead market; one which is undergoing rapid growth that makes the investment in this asset of ideal timing. This stabilized two-building office complex has a steady 96% occupancy rate and parking for approx. 251 vehicles (4/1000 ratio). Divided into two structures connected by breezeway, the 48,130 SF 4-story multi-tenant office building is highly diversified with a 30+ tenant rent roll and recent capital improvements include a new roof membrane and cooling tower. The detached 19,117 SF bank branch location is currently occupied w/absolute NNN lease to South State Bank with grandfathered-in 8 window-teller drive-through lanes. Re-Zoning Opportunity: The subject site is within Unincorporated Date County, just outside the boundaries of the Leisure City Community Urban Center (LCUC) District and has received preliminary positive feedback toward the likelihood of expanding the bounds of the district to encompass the subject site, which would allow for substantially greater height and density between 90-125 units per acre, and 12-15 stories of height depending on the results of the re-zoning. The following figures are conservative based on those potential alternatives: Max. Density (Projected): 542 Units Max. Height (Projected): 12 Stories Current zoning would allow for a diverse set of uses including mixed-use, workforce housing, office, and educational facility (i.e., school). By-right the property allows for approximately 70 units which would lend to a garden-style townhome project with plenty of room for surface parking. However, the property offers various alternative routes to achieving greater height and density whether via the re-zoning described above, or programs like the Live Local Act which allows developers to apply for administrative approval for quasi-workforce projects on properties with underlying commercial zoning like this one.