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    Irrigated Farmland with Shadehouses Title is generated by Realmo AI

    30451 SW 217TH AVE, Homestead, FL 33030

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    Improved, fully irrigated agricultural land with substantial shadehouse area for potted production and expansion.

    Type:Land
    Lot size:
    75.00 Acres
    Added:
    Jun 2, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 6 at 2:34 am

    Property Features for 30451 SW 217TH AVE

    General Information

    Standard status
    Active
    Lot size
    75.00 Acres
    Property subtype
    Land

    Building Details

    Year Built
    1988

    We can help!

    Listing Contact
    EJ Rodriguez

    Listing agent EJ Rodriguez License #3559862

    Listing office Rodriguez Brokerage Services, LLC.

    Listing date Jun 2, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Rodriguez Brokerage Services, LLC.

    HighLights

    • 75± acres of improved agricultural land in Miami‑Dade’s Redland farming district at SW 304th Street and SW 217th Avenue
    • Fully irrigated site with shadehouse infrastructure; about 30 acres under shadehouse on the 35‑acre west parcel and about 35 acres under shadehouse on the 40‑acre parcel
    • Offered as a whole or split into two parcels: 35 acres plus 40 acres, with direct access from SW 304th Street and SW 217th Avenue
    • About 350,000 10‑inch pots onsite for potted production; income potential cited as roughly $2.1M/year gross income and about $525,000/year wholesale gross profit
    • Room to add 6‑inch benches to expand production and space for a small packing building (per provided info)
    • 40‑acre parcel has development rights sold to the County; buyer to verify zoning, development rights, and permitted uses with Miami‑Dade County

    Overview

    This improved farmland offering comprises approximately 75 acres in Miami-Dade’s Redland farming district, with established shadehouse and irrigation infrastructure across the site. The property is irrigated throughout and includes a mix of sun and shade production areas, with about 30 acres under shadehouse on the 35-acre west parcel and about 35 acres under shadehouse on the 40-acre parcel. The site also includes room for a small packing building and potential bench space for additional production.

    The property is offered as a whole or as two separate parcels (35 + 40 acres). Direct access is provided from SW 304th Street and SW 217th Avenue, and the site is described as minutes from US-1 and Krome Avenue. The 35-acre west parcel retains its development rights, while the 40-acre parcel sold its development rights to Miami-Dade County. The buyer should verify zoning, development rights, and permitted uses with the County.

    For operators and investors, the fully irrigated configuration supports potted production using the existing shadehouse improvements. The property is described as holding roughly 350,000 10-inch pots, and it is positioned for growers, nurseries, exporters, tropical fruit operations, and agricultural investors. Production can be scaled with additional bench space, with packing-building space included within the overall site plan concept.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Restaurant Law Firm Big Box & Wholesale Store Storage Facility Grocery & Convenience Store Bar & Pub Food Market Discount Store Wine and Liquor Store Carpet & Flooring Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Homestead
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.541306
    Latitude
    25.483656

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    FAQs

    What type of property is this?
    Agricultural land / Farmland - Improved, fully irrigated agricultural land with substantial shadehouse area for potted production and expansion.
    Where is this agricultural land / farmland located?
    The property is located at 30451 SW 217TH AVE Homestead, FL.
    What is the asking price?
    The asking price for this property is $14,000,000.
    What are key features of this property?
    This property features: 75± acres of improved agricultural land in Miami‑Dade’s Redland farming district at SW 304th Street and SW 217th Avenue; Fully irrigated site with shadehouse infrastructure; about 30 acres under shadehouse on the 35‑acre west parcel and about 35 acres under shadehouse on the 40‑acre parcel; Offered as a whole or split into two parcels: 35 acres plus 40 acres, with direct access from SW 304th Street and SW 217th Avenue
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    EJ Rodriguez
    Real Estate License ID: 3559862
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

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