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    40841 SW 137Th Ave Homestead, FL 33035

    For Sale
    $1,200,000

    Commercial/Business/Agricultural/Industrial Land - Unimproved Agr/Recreation/Mobile Home

    Lot size:
    41.67 Acres
    Days on Market:
    89
    Last Refresh:
    Dec 6 at 11:06 pm

    Property Features for 40841 SW 137Th Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    89/AWAIT
    APN
    30-89-14-000-0094
    Exterior features
    Grove, No Bldg Included
    Lot size
    41.67 Acres

    Building Details

    Architectural style
    Other

    Realty Professionals of Fort Lauderdale, LLC (954) 630-7020 [email protected]

    Listing agent Jason Kapit (954) 630-7020 License #631254

    Listing date Sep 9, 2025

    MLS# F10525762 Listing URL

    Copyright © 2025 BeachesMLS / Matrix. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Homestead Land Bank Opportunity

    This 41-acre parcel, comprised of two folios, presents a speculative land bank opportunity within a high-growth corridor. Situated on 137th Avenue, which bisects Homestead Motor Speedway, the property is currently environmentally protected with a recreational designation. Access is limited due to a locked gate, and there are no existing utilities or designated uses. Development will require a Class 4 Wetlands Permit. Zoning verification is needed to confirm agricultural use, and permits are necessary for well and septic systems. The Urban Development Boundary (UDB) is under review for potential expansion, which could unlock significant upside potential for this property. This presents a chance to secure land as demand increases for buildable property and affordable housing in South Florida.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Homestead
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.412178
    Latitude
    25.492392

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    FAQs

    What type of property is this?
    Land - 41-acre land parcel in high-growth corridor near Homestead Speedway.
    Where is this land located?
    The property is located at 40841 SW 137Th Ave Homestead, FL.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - 41-acre parcel in a high-growth corridor.; - Rare opportunity to secure land in high-demand South Florida market.; - Located on 137th Ave, bisecting Homestead Motor Speedway.
    (954) 630-7020
    Request Owner's contact information
    40841 SW 137Th Ave Homestead, FL 33035
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    Homestead, FL 33035
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    40841 SW 137Th Ave Homestead, FL 33035
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