NAI Miami | Fort Lauderdale Closes $1.47M Sale of Former Pizza Hut Site in Homestead, FL
Miami, FL – 14 May 2025 – Robert Eckstein and Joseph Gallaher, Partners of NAI Miami | Fort Lauderdale, represented the seller, Frances Family Trust in the $1,475,000.00 sale of a former Pizza Hut restaurant in Homestead, Florida. The buyer, JJ Valle, LLC, acquired the site and was represented by local sales agent Nancy O’Brien of The Keyes Company.
The property, located at 25 North Homestead Boulevard, consists of 0.62 acres and features a 3,564-square-foot, freestanding, second-generation restaurant building. With direct frontage along South Dixie Highway (N Homestead Blvd), the site offers exceptional visibility and access in a key commercial corridor between Homestead and Florida City.
“I’m delighted to have worked with the Frances Family as they have owned this property for almost 40 years,” said Robert Eckstein. “They realized that selling this property at this point and time was what was best for them and their children.”
The sale reflects a growing interest in redevelopment opportunities across Homestead. NAI Miami | Fort Lauderdale is currently representing several additional land listings in the area.
“This transaction underscores the vitality of Homestead’s retail sector beyond the Campbell Drive and Turnpike intersection,” said Joseph Gallaher. “With the water moratorium now lifted and increased interest in our other land listings, we anticipate an acceleration of ground-up development along the South Dixie corridor in the coming year.”
Located adjacent to the sold site is a 2.72-acre ground lease offering triple frontage along S. Dixie Highway, E. Mowry Drive, and NE 6th Avenue. This highly trafficked intersection presents a significant opportunity for investors and developers seeking long-term value in a growing submarket.
For more information about this transaction or other investment opportunities, please visit www.naimia-ftl.com.
