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Michael Linton   |   FL Broker License BK703722   |   39 Years Experience   |  (312) 612-1031

South Dade Growth & Agriculture · Miami-Dade County

HomesteadCommercial Real Estate Broker & Market Guide

Homestead and South Dade are the fastest-changing part of Miami-Dade: farmland and nurseries giving way to new homes, retail and industrial, with Homestead Air Reserve Base and the gateway to the Florida Keys and Everglades.

Marketed by Michael R. Linton, Florida Broker #BK703722 · NCREA · CREIPS · REALTOR® · Serving Homestead commercial real estate.

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By the numbers · data as of November 7, 2026

Homestead commercial real estate by the numbers

The 2026 final tax roll lists 2,153 commercial and industrial parcels with 16.8 million square feet of buildings in Homestead (ZIPs 33030, 33031, 33032, 33033, 33034, 33035), with 39 arm’s-length sales on the roll. Median sale prices run $263–$300 per square foot by ZIP.

Commercial and industrial parcels
2,153
2026 final tax roll
Building square feet
16.8M
2026 final tax roll
Arm’s-length sales
39
on the roll sales file, excluding hotels
Median $/SF by ZIP
$263–$300
ZIP medians, 5+ sales
ZIPParcelsBldg SFSalesMedian $/SFMedian year builtOut-of-state ownersBank REO
330309444.4M24$30019705.5%0
33031450.3M1—19880.0%0
330324413.9M5$263*19748.8%0
330333323.6M4—200712.0%0
330343253.1M3—199313.5%0
33035661.4M2—20246.1%0

For context, Miami-Dade County as a whole has a median of $373 per square foot on 1,278 sales. Year to date through September 2026, the county median is $378, +3.0% from a year earlier.

Miami-Dade County Market Pulse

Asking-side listing data for every Florida county: inventory, days on market, price cuts and listing prices, from Realtor.com® Economic Research. These are listings, not closed sales.

Data set
  • Miami-DadeCounty · details →
    Active listings
    17,010
    down −7.9% YoY
    Median days on market
    87 days
    Listings with price cuts
    12.9%
    Median listing $/SF
    $458
    Listing price, YoY
    down −1.3%
    Median listing price $589K
    Market condition
    Balanced
    vs. Florida statewide*

    Source: Realtor.com® Economic Research, September 2026.

How these figures are calculated

* Market condition. Market condition compares a county's share of active listings with a price reduction and its median days on market with the Florida statewide figures Realtor.com publishes for the same month. Both above the statewide figure: leaning buyer's market. Both below: leaning seller's market. Anything else, including a tie or one missing metric: balanced. Both metrics missing, or no statewide figure for that month: shown as —. This is a read of asking-side listing data only; it is not months of inventory or a measure of closed sales. Florida statewide, September 2026: 20.1% of listings with a price cut, 81 median days on market. Methodology · Data dictionary

Residential. Realtor.com® Economic Research, monthly. Listing counts, days on market and listing prices come from the monthly history; price-cut share and $/SF are stored for the latest month (September 2026) only. Earlier months show the snapshot for that month, not an average. YoY compares a month with the same month a year earlier; for September 2026 it uses Realtor.com's published YoY figures.

Commercial. Florida Department of Revenue tax roll (NAL/SDF) and Florida Department of State (Sunbiz), via LGData; Linton Global calculations. Commercial (DOR 010-039) and industrial (040-049) parcels. Sales and $/SF = arm's-length single-parcel sales (DOR qualification codes 01-02) on the current roll, excluding hotels/motels (DOR 039, which in resort counties includes condo-hotel and vacation-rental units). Areas with fewer than 5 parcels, and $/SF medians from fewer than 5 sales, are suppressed.

The full Miami-Dade County report

Study mode · 11 flash cards

Homestead Commercial Real Estate

11 cards from the numbers above. Worked examples are hypothetical.

This market in numbers 5Work the numbers 6
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This market in numbers

How much commercial property is in Homestead (ZIPs 33030, 33031, 33032, 33033, 33034, 33035)?
The 2026 final tax roll lists 2,153 commercial and industrial parcels with 16.8 million square feet of buildings.
What are median sale prices per square foot in Homestead (ZIPs 33030, 33031, 33032, 33033, 33034, 33035)?
ZIP 33030: $300 on 24 sales; ZIP 33032: $263 on 5 sales. A median mixes property types and ages, so compare the building to similar recorded sales.
How many bank REO transfers appear in the sales data for Homestead (ZIPs 33030, 33031, 33032, 33033, 33034, 33035)?
ZIP 33030: 0, with 24 arm’s-length sales; ZIP 33031: 0, with 1 arm’s-length sale; ZIP 33032: 0, with 5 arm’s-length sales; ZIP 33033: 0, with 4 arm’s-length sales; ZIP 33034: 0, with 3 arm’s-length sales; ZIP 33035: 0, with 2 arm’s-length sales. The count shows what was recorded, not what is for sale today.
Who owns commercial property in Homestead (ZIPs 33030, 33031, 33032, 33033, 33034, 33035)?
ZIP 33030: 64.2% held by entities, 5.5% out-of-state owners; ZIP 33031: 66.7% held by entities, 0.0% out-of-state owners; ZIP 33032: 76.9% held by entities, 8.8% out-of-state owners; ZIP 33033: 64.8% held by entities, 12.0% out-of-state owners; ZIP 33034: 72.6% held by entities, 13.5% out-of-state owners; ZIP 33035: 80.3% held by entities, 6.1% out-of-state owners. To reach an owner, you may need an entity’s registered agent or a mailing address outside Florida.
How old are commercial buildings in Homestead (ZIPs 33030, 33031, 33032, 33033, 33034, 33035)?
Median year built: ZIP 33030: 1970; ZIP 33031: 1988; ZIP 33032: 1974; ZIP 33033: 2007; ZIP 33034: 1993; ZIP 33035: 2024. Age alone doesn’t set condition, so check the roof, HVAC and electrical systems and their records.

Work the numbers

What is the average building area per parcel in Homestead (ZIPs 33030, 33031, 33032, 33033, 33034, 33035)?
16.8 million SF ÷ 2,153 parcels ≈ 7,780 SF. An average can hide a few very large buildings.
Hypothetical: a 8,000 SF building in Homestead priced at the ZIP 33030 median of $300 per SF. What is the price?
8,000 × $300 = $2.40 million. That is arithmetic on a median, not an appraisal or an opinion of value.
Same hypothetical 8,000 SF building, with an assumed 7.5% cap rate. What NOI would $2.40 million need?
$2.40 million × 7.5% = $180,000 a year. The cap rate is an assumption for practice, so check the actual rent roll and expenses.
With $180,000 of NOI, what is the most annual debt service an assumed 1.25 DSCR allows?
$180,000 ÷ 1.25 = $144,000 a year. Lender terms vary, so treat 1.25 as an example.
ZIP 33030 has a median of $300 per SF and ZIP 33032 $263. What is the gap on a 8,000 SF building?
$37 × 8,000 = $296,000. ZIP medians can rest on few sales, so check what actually sold.
About how many industrial parcels are in Homestead (ZIPs 33030, 33031, 33032, 33033, 33034, 33035)?
ZIP 33030: 32.3% of 944 ≈ 305; ZIP 33031: 51.1% of 45 ≈ 23; ZIP 33032: 23.4% of 441 ≈ 103; ZIP 33033: 6.3% of 332 ≈ 21; ZIP 33034: 20.3% of 325 ≈ 66; ZIP 33035: 65.2% of 66 ≈ 43.

Source: Florida Department of Revenue tax roll and Florida Department of State, via LGData; Linton Global calculations. Commercial and industrial parcels; sales are arm’s-length, single-parcel transfers, excluding hotels and motels. Medians from fewer than 5 sales are not shown, and a small sample can swing a ZIP median, so read each one with its sales count. * Fewer than 10 sales.

Live market data · refreshed as each source publishes

Homestead: key facts for September 2026

  • In September 2026, the median listing price in Miami-Dade County was $589K, down 1.3% from a year earlier, with 17,010 homes for sale (Realtor.com).
  • FHFA’s house price index for Miami-Dade County rose 2.8% in 2025.
  • Investors took out 19.8% of home-purchase mortgages in Miami-Dade County in 2025 (HMDA; cash purchases not included).
  • Miami-Dade County had 1,276,535 jobs (2025 annual average), up 1.5% from the prior year (BLS QCEW).
  • The unemployment rate was 1.9% in September 2026 (BLS, not seasonally adjusted).
  • Permits were issued for 8,775 housing units in January–September 2026, down 19.9% from the same months a year earlier (U.S. Census Bureau).
Open the Miami-Dade County market report →Miami-Dade County data & trendsExplore on the Market Map

ZIP code snapshot for Homestead

Listing data for September 2026 (Realtor.com) · HUD Fair Market Rent FY2027. *Share of home-purchase mortgages for investment property (2025, HMDA, estimated from census tracts; cash purchases not included). Open any ZIP for its full report.

ZIPAreaMedian list pricevs. last yearHomes for saleHUD 2BR rentInvestor share*
33030Homestead$744K+6.5%164$2,050/mo15.3%Report →
33031Homestead$1.27M−2.2%61$2,510/mo8.4%Report →
33032Homestead$456K−4.8%372$2,360/mo10.6%Report →
33033Homestead$447K−1.6%413$2,270/mo8.6%Report →
33034Homestead$394K−3.5%276$2,010/mo14.0%Report →
33035Homestead$335K−3.2%248$2,720/mo26.1%Report →

Sources: Realtor.com® Economic Research, FHFA, U.S. Bureau of Labor Statistics, U.S. Census Bureau. County-level figures; informational only, not an appraisal.

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Homestead: Market Overview

South Dade has more developable land than anywhere else in the county, so new residential communities and the retail that follows them have been spreading south along US-1 and the Turnpike.

Agriculture and nurseries remain a large part of the economy, and Homestead Air Reserve Base is a major employer.

Industrial development has started moving south as land near the airport runs out, and the Homestead-Miami Speedway brings events and visitors.

Economic Drivers

Developable Land
The last large land supply in Miami-Dade
Residential Growth
New communities along US-1 and the Turnpike
Homestead Air Reserve Base
Military employer and related services
Agriculture
Nurseries, row crops and tropical fruit
Gateway
Route to the Florida Keys and Everglades National Park

Asset Class Activity in Homestead

Asset ClassActivityMarket Commentary
RetailStrongNew centers follow new rooftops
IndustrialStrongNew supply on cheaper land south of the airport market
MultifamilyStrongWorkforce and new garden-style communities
LandSelectiveEntitlement and agricultural-land conversion plays

Why Invest in Homestead?

Homestead offers the lowest land basis in Miami-Dade and a growth story. Land, new retail and industrial are the main plays; underwriting should account for hurricane and flood exposure.

Frequently Asked Questions

Is Michael R. Linton a licensed commercial real estate broker in Homestead?

Yes. Michael R. Linton is a Florida-licensed commercial real estate broker (FL Broker #BK703722) with 39 years of transaction experience, serving Homestead and the broader Miami-Dade County market. He holds NCREA (National Commercial Real Estate Advisor), CREIPS (Certified Real Estate Investment Property Specialist), and REALTOR® credentials, and advises investors, owners, and tenants on multifamily, office, industrial, retail, hospitality, land, mixed-use, medical office, self storage, and special-purpose commercial real estate in Homestead.

How do I contact a commercial real estate broker in Homestead?

Contact Michael R. Linton at Linton Global Solutions — (312) 612-1031 or mike@lintonglobal.com — for a free Homestead commercial real estate consultation. Linton Global Solutions serves Homestead across all major asset classes and represents both buy-side and sell-side principals, plus 1031 exchange replacement-property sourcing.

Why is Homestead growing?

It has the last large supply of developable land in Miami-Dade, so new housing, retail and industrial are moving south where land costs less.

Who can help with Homestead commercial real estate?

Michael R. Linton, Florida Broker #BK703722, and Linton Global Solutions advise on Homestead acquisitions, dispositions, financing and bank-owned (REO) and distressed commercial property. Our Miami-Dade numbers come from LGData, our database of Florida Department of Revenue tax-roll records.

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