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    22800 304Th St Homestead, FL 33030

    For Sale
    $759,000

    5-Acre Income-Producing Guava Farm near Miami

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    Discover a unique investment opportunity: a thriving 5-acre guava farm in Homestead, Florida, priced at $759,000. This exceptional property is ideally situated just 30 minutes from both Miami and the Florida Keys, offering convenient access to major transportation routes and markets. The farm currently produces high-value crops including Thai guava, Chinese guava, soursop, and tamarind, ensuring a consistent income stream. On-site infrastructure includes a substantial 40x60 foot packing house built on a concrete slab, a fully functional irrigation system complete with a diesel pump and storage tank, and a 40-foot shipping container for efficient storage and transport. A convenient farm bathroom is already in place, and electrical service is currently being installed. The property also boasts a comprehensive tree inventory. Located on a peaceful dead-end street, this tranquil setting offers a 3-minute walk to the popular Schnebly's Winery and Brewery. Beyond its agricultural potential, this expansive 5-acre parcel allows for the construction of a single-family home and a guest house, presenting further development possibilities. This rare opportunity combines established agricultural income with significant future development potential, making it an attractive investment for both seasoned farmers and astute real estate investors. The property is zoned to allow for residential construction.

    Property Features for 22800 304Th St

    General Information

    Property type
    Specialty properties

    HighLights

    • $759,000 asking price.
    • 5‑acre income‑producing guava farm in Homestead, FL.
    • Features a 40x60 packing house, irrigation system, and diesel pump.
    • Located 30 minutes from Miami and the Florida Keys.
    • Potential for single‑family home and guest house construction.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Building Supply Wholesale Shop Food Market Discount Store Garden Center Computer & Electronic Repair Tech Support Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Homestead
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.5463261
    Latitude
    25.4841055

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    FAQs

    What type of property is this?
    Specialty property - 5-Acre Income-Producing Guava Farm near Miami
    Where is this specialty property located?
    The property is located at 22800 304Th St Homestead, FL.
    What is the asking price?
    The asking price for this property is $759,000.
    What are key features of this property?
    This property features: $759,000 asking price.; 5-acre income-producing guava farm in Homestead, FL.; Features a 40x60 packing house, irrigation system, and diesel pump.
    Request Owner's contact information
    22800 304Th St Homestead, FL 33030
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    Homestead, FL 33030
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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
    22800 304Th St Homestead, FL 33030
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