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Apartment Acquisitions · Homestead

Sell Your Commercial Property In Homestead, FL

We are an active buyer of Homestead commercial rental properties with five or more units, whether the building is fully leased, half vacant, or overdue for renovation.

  • Clear feedback on your deal, typically within 48 hours
  • 5 to 100+ units, stabilized or distressed, listed or off-market
  • Owners, agents, and brokers welcome — every conversation is confidential

We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits

Areas We Target: Florida City · Naranja · Leisure City · Redland — Miami-Dade County, FL

Local Demand

Our View On Homestead

Homestead, Florida, in Miami-Dade County, had 82,807 residents and a median household income of $65,423 in ACS 2020-2024 estimates. Renters occupy 51.7% of homes, well above Florida's 32.4% statewide share, and 29.7% of the housing stock sits in buildings with five or more units. Homestead Hospital leads local employers with 1,191 workers, and the 482nd Fighter Wing at Homestead Air Reserve Base counts more than 1,700 personnel. This profile covers rents, HUD FY2027 fair market rents, Miami-Dade County millage, deed stamps and Florida landlord law for owners who want to sell commercial property in Homestead, FL.

01

Homestead Air Reserve Base

The 482nd Fighter Wing at Homestead Air Reserve Base counts more than 1,700 personnel, per the Air Force Reserve.
02

Redland-area agriculture

Miami-Dade County farms sold $1.14 billion in agricultural products across 2,664 farms in the 2022 Census of Agriculture.
03

Homestead Hospital

Homestead Hospital, part of Baptist Health South Florida, employs 1,191 workers, 6.46% of city employment, per the FY2025 report.

Our Buy Box

What We Buy In Homestead

Full Buy Box

Asset Type

Multifamily, 5+ Units

Apartment buildings and income-producing residential.

Size

5 – 100+ Units

Sweet spot: 15–25 units.

Condition

Stabilized To Distressed

Value-add, mismanaged, and high-vacancy properties welcome.

Deal Types

Listed Or Off-Market

Direct-to-owner, pocket listings, portfolios.

Local Market Data

Homestead Apartment Market

Figures gathered October 2026 from public market data.

82,807 Population ACS 2020-2024
51.7% Renter share Of occupied homes, ACS 2020-2024
$1,674 Median gross rent Miami-Dade County: $1,829, ACS 2020-2024
$2,564 HUD 2BR fair market rent FY2027, Miami-Miami Beach-Kendall HUD Metro FMR Area
20.9001 2026 millage, code 1000 City, county, school and special districts
21.8% Homes built before 1980 Median year built 2001, ACS 2020-2024

Who rents in Homestead

Renters occupy 51.7% of Homestead's occupied homes, well above Florida's 32.4% statewide share, per ACS 2020-2024 tenure data. Buildings with five or more units hold 29.7% of the city's housing stock (ACS B25024). Only 21.8% of homes predate 1980, and the median year built is 2001 (ACS B25034), newer stock than much of Miami-Dade County. Investors selling commercial property in Homestead often point to that younger housing stock.

Rents and affordability in Homestead

Median gross rent in Homestead is $1,674 a month in ACS 2020-2024 table B25064, 8.5% below Miami-Dade County's $1,829. Rent takes 30% or more of income for 60.2% of Homestead renters, and 50% or more for 34.4% (ACS B25070). HUD's FY2027 two-bedroom fair market rent for the Miami-Miami Beach-Kendall HUD Metro FMR Area is $2,564, $890 above the Homestead median.

Unit sizeHUD FY2027 FMR
Efficiency$1,953
One-bedroom$2,121
Two-bedroom$2,564
Three-bedroom$3,277
Four-bedroom$3,749

Source: HUD Fair Market Rents.

Property taxes in Miami-Dade County

Homestead parcels in millage code 1000 pay 20.9001 mills for 2026, per the Miami-Dade Property Appraiser 2026 adopted millage chart. The city levies 5.9604 operating and 0.2316 debt mills within that total. A $2,000,000 taxable value owes $41,800.20 a year at 20.9001 mills.

Miami-Dade deeds carry $0.60 per $100 in documentary stamp tax, per the Florida Department of Revenue. A $0.45 surtax applies when the property is not a single-family residence (section 201.031). Together they total $21,000 on a $2,000,000 sale, so owners who sell commercial property in Homestead, FL should net both costs early.

Landlord rules in Homestead

Florida landlords return deposits within 15 days of lease end, or send a claim notice within 30 days (section 83.49). A nonpayment notice gives tenants 3 days, excluding weekends and legal holidays (section 83.56). Section 166.043 bars Florida municipalities from imposing controls on rents. If you sell commercial real estate in Homestead, FL, section 83.49 moves tenant deposits to the buyer.

What it means for a Homestead owner

Homestead Hospital, part of Baptist Health South Florida, is the city's largest employer with 1,191 workers, 6.46% of total city employment, per the City FY2025 financial report. The 482nd Fighter Wing at Homestead Air Reserve Base counts more than 1,700 personnel.

To sell commercial property in Homestead, FL, run net operating income through our cap rate calculator. Skyline Capital Investments buys 5+ unit apartment buildings. If you plan to sell your apartment building in Homestead, see how our purchase process works.

Local Knowledge

Pricing Your Building In Homestead

More about selling in Florida →
Investing in Homestead? See apartment syndications in Homestead →
  • Homestead's rental vacancy rate was 5.6% in ACS 2020-2024 table DP04, with a 2.4-point margin of error.
  • HUD's FY2027 two-bedroom fair market rent of $2,564 sits $890 above the Homestead median gross rent.
  • A $2,000,000 sale carries $21,000 in deed taxes when you sell commercial real estate in Homestead, FL.

Learn More

Taxes & Rules For Homestead Property

The Florida rules that shape any deal in Homestead: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.

Homestead Seller FAQ

What will it cost to sell commercial property in Homestead, FL?

Miami-Dade deeds carry $0.60 per $100 in documentary stamp tax, plus a $0.45 surtax when the property is not a single-family residence. On a $2,000,000 Homestead apartment sale, that adds up to $21,000. Brokerage, title and prorated 2026 taxes depend on the contract.

Can I sell commercial real estate in Homestead, FL with tenants in place?

Yes. Florida section 83.49 says that on a sale, all security deposits and advance rents held for tenants transfer to the new owner, with an accounting for each tenant. Homestead owners should reconcile the deposit ledger before closing.

How much are property taxes on a Homestead apartment building?

Homestead parcels in millage code 1000 pay 20.9001 mills for 2026, per the Miami-Dade Property Appraiser. A $2,000,000 taxable value owes $41,800.20 a year at that rate. The city's own share is 6.1920 mills, counting its operating and debt levies.

Is there rent control in Homestead?

No. Florida section 166.043 bars any municipality, county or other local government from adopting a measure that would impose controls on rents. Owners who sell multifamily property in Homestead can present rent rolls knowing local officials cannot set a rent cap.

What drives apartment demand in Homestead?

Homestead Hospital employs 1,191 workers and the 482nd Fighter Wing at Homestead Air Reserve Base counts more than 1,700 personnel. Renters occupy 51.7% of homes, well above Florida's statewide 32.4% share, supporting steady demand for rental housing near both employers.

What if my Homestead building has vacancies or deferred maintenance?

That is often where we add the most value. We buy buildings that need renovation, new management, or lease-up, and we account for that in our offer.

Do you work with Homestead brokers and agents?

We do. Agents can bring us listed or pocket-listing deals in Homestead, and we keep every conversation confidential.

Who buys occupied rental property in Homestead?

We do. Skyline Capital Investments is a commercial real estate buyer of 5+ unit multifamily, and we buy apartment buildings with tenants in place, including properties with below-market rents.

Do I need a broker to sell my apartment building in Homestead?

No. You can work with us directly, or your broker can bring the deal to us. Either way, conversations stay confidential.

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