NAI Miami | Fort Lauderdale Facilitates $1.9 Million Sale of Prime Homestead Development Site
Miami, FL – January 29, 2026 – NAI Miami | Fort Lauderdale closed a $1.9 million sale of a prime commercial development site located on South Dixie Highway in Homestead, Florida, further reinforcing the firm’s—and Joseph Gallaher’s—established expertise in the Homestead real estate market.
The transaction was led by Joseph Gallaher, Partner, alongside Valentina Tawil & Jeremy Larkin, who represented the seller, Sea Air Holdings, LLC. The buyer, Tajona Investment Corporation, was represented by Ashleen Cruz of Fausto Commercial Realty Consultants, with integral legal counsel provided by Michael P. Schwartz of Muller Lebensburger & Schwartz.
The 2.072-acre site is located just south of Campbell Drive on South Dixie Highway with additional frontage and access from Mowry Drive and NE 6th Avenue. The size and zoning of the property allow for a range of future uses while the location benefits from being along the primary commercial corridor connecting Homestead and Florida City.
“This wasn’t an easy project but thankfully there was a team of dedicated professionals who all worked hard to get this closed,” said Gallaher. “Representing someone who has owned the property for decades makes finding the ‘right’ owner all the more important. Thankfully, Ashleen had an end user who will continue to care for the property the way the seller has for years.”
This closing follows NAI Miami | Fort Lauderdale’s May 2025 sale of the adjacent former Pizza Hut parcel, also led by Gallaher, highlighting a consistent pattern of commercial real estate transactions executed along the South Dixie corridor within a compressed timeframe.
“Homestead is a market with proven retail strength which allows for consistent growth,” Gallaher added. “With the water moratorium lifted, new life along Krome and a noticeable uptick in development across all submarkets, we are seeing renewed confidence and new, creative developments throughout Homestead.”
With multiple land dispositions completed in Homestead over the past year, Gallaher has become a key advisor to landowners and developers navigating zoning, infrastructure, wetlands, municipal requirements and market timing in South Miami-Dade.
For more information about the about this transaction, please contact Joseph Gallaher at
jg*******@na******.com
or visit www.naimia-ftl.com/people/joe-gallaher/.
