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  5. ›Notice is hereby given pursuant to Section 163.380(3)(a)-3…

City of Homestead·Florida

Notice is hereby given pursuant to Section 163.380(3)(a)-3 contiguous parcels located at 204, 220 and 230 N Krome Avenue, Homestead, Florida, 33030

Closes 3/6/2026$500k – $5MRequest for Proposal
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Description

The Homestead Community Redevelopment Agency (CRA) is seeking proposals for the acquisition and development of three contiguous parcels located at 204, 220, and 230 N Krome Avenue in Homestead, Florida. The properties are intended for downtown development, specifically for restaurant, bar, entertainment, or related commercial uses. Interested parties must submit their proposals directly to the Homestead CRA. The proposal should include plans for long-term lease or potential sale of the properties. • The properties are located in downtown Homestead, Florida. • The proposed development should be for restaurant, bar, entertainment, or related commercial uses. • The submission deadline is Friday, March 6, 2026, at 5:00 pm, EST. • A non-mandatory pre-submittal meeting is mentioned, but the date is not specified. • The proposal should be submitted electronically to the provided portal.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Jared Beck(CRA Director)

[email protected]

(786) 405-2825

Key dates

Opened
2/3/2026
Closes
3/6/2026

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531100

Budget estimate

$500,000 – $5,000,000

The budget for this opportunity is difficult to estimate, as it depends on the specifics of the proposal, such as the type of development, the lease or sale terms, and the overall value of the properties. However, considering the properties are located in downtown Homestead, Florida, and are intended for commercial development, a rough estimate could be in the range of $500,000 to $5 million. This range is based on the assumption that the development will involve a significant investment in construction, renovation, or other improvements to the properties. Factors that may influence the likely payment range include the size and condition of the properties, the proposed use, and the overall demand for commercial space in the area.

AI estimate from the solicitation

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