Special Purpose Properties › Funeral Home
Funeral Homes for Sale in Miami-Dade County, FL
The most active special-purpose funeral home market in South Florida — NNN leasebacks, independent acquisitions, and multi-location portfolios across Coral Gables, Hialeah, Miami Gardens, and beyond.
Miami-Dade County is home to one of Florida’s largest 65+ populations—over 400,000 residents age 65 and older— making it a top-tier market for funeral home real estate investment. Corporate operators like SCI (Service Corporation International) and Carriage Services are actively consolidating assets throughout the county, creating a steady pipeline of NNN leaseback opportunities for net-lease investors. Independent operators also represent compelling acquisition targets, particularly in established community corridors in Coral Gables, Hialeah, Miami Gardens, and Key Biscayne where deeply rooted family-owned businesses serve loyal, culturally distinct client bases.
What We Source
NNN Leaseback Acquisitions (SCI / Carriage Services)
Corporate-operated facilities with long-term absolute-net leases to investment-grade tenants. Ideal for 1031 exchange buyers seeking passive income with no landlord responsibilities. Cap rates in the 5.75–7.0% range in prime South Florida locations.
Independent Owner-Operator Acquisitions
Family-owned funeral homes with established community relationships, often priced at 7.0–9.0% cap rates. Opportunities exist to acquire and operate, reposition with a national operator lease, or consolidate multiple locations across Hialeah, Miami Gardens, and Homestead.
Multi-Location Portfolio Deals
South Florida’s fragmented independent market makes it one of the best states for portfolio roll-ups. We source multi-location packages—2 to 6 properties—across Miami-Dade and Broward for operators looking to scale or institutional buyers building a regional funeral home platform.
Miami-Dade Market Metrics
NNN Cap Rate (Prime)
5.75–7.0%
SCI / Carriage corporate leases, South FL premium
Independent Cap Rate
7.0–9.0%
Owner-operator acquisitions, varies by submarket
Typical Building Size
4,000–10,000 SF
Includes chapel, preparation rooms, and reception space
Miami-Dade vs. Other Florida Markets
Miami-Dade commands a 50–100 bps pricing premium over Central Florida (Orlando-area) funeral home assets, driven by higher land values, stronger population density, and greater corporate operator demand. Investors seeking yield should compare Miami-Dade NNN leasebacks against comparable assets in Tampa Bay or Jacksonville where cap rates run 25–75 bps wider.
Frequently Asked Questions
Are there funeral homes for sale in Miami-Dade County?
Yes. Miami-Dade is the most active funeral home transaction market in South Florida. Corporate consolidators (SCI, Carriage Services) and independent operators regularly trade assets here, driven by the county’s large and growing senior population and high real estate values that support favorable leaseback structures.
What cap rates do Miami-Dade funeral homes trade at?
NNN corporate-leased funeral homes (SCI/Carriage) in Miami-Dade typically trade at 5.75–7.0% cap rates, reflecting South Florida’s premium pricing and strong demand for net-leased assets. Independent owner-operator properties generally price at 7.0–9.0% depending on lease structure, building condition, and submarket.
Which Miami-Dade submarkets have the most funeral home activity?
Coral Gables, Hialeah, Miami Gardens, and Homestead see the highest transaction volume. Coral Gables commands premium pricing due to its affluent demographics. Hialeah and Miami Gardens offer strong Cuban-American and Caribbean community demand. Homestead and the southern corridor represent value-add opportunities with growing populations.
Looking for Funeral Home Listings in Miami-Dade?
MaxLife Commercial sources off-market funeral home acquisitions throughout South Florida. Contact us to discuss available opportunities or to list a funeral home property.