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    23801 SW 120Th Ave Homestead, FL 33032

    Pending
    For Sale
    $1,200,000

    Land - Homestead, FL

    Lot size:
    2.50 Acres
    Days on Market:
    227
    Last Refresh:
    Dec 10 at 3:06 am

    Property Features for 23801 SW 120Th Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    9000
    APN
    30-69-24-000-0300
    Lot size
    2.50 Acres

    Utilities

    Sewer type
    None
    Water source
    Well

    Building Details

    Architectural style
    Other

    BHHS EWM Realty (305) 960-2587 [email protected]

    Listing agent Vivian Serralta (305) 960-2400 License #0630620

    Listing date Apr 28, 2025

    MLS# A11308236 Listing URL

    Copyright © 2025 Miami Association of REALTORS®. 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 Opportunity

    This property offers a chance to own 2.5 acres of buildable land located in a rapidly developing area of South Miami-Dade. Currently zoned for agriculture, the land presents a possibility for "low density residential" development, potentially accommodating 2.5 to 6 dwelling units per acre. The lot is equipped with power, an irrigation system, and a well and pump system. It is located in Homestead, Florida, and backs onto one of Lennar's new developments.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing 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
    -80.38576
    Latitude
    25.547209

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    FAQs

    What type of property is this?
    Land - 2.5 acres of buildable land in fast-growing South Miami-Dade.
    Where is this land located?
    The property is located at 23801 SW 120Th 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: - 2.5 acres of buildable land; - Located in a fast-growing area of South Miami Dade; - Potential for low-density residential development (2.5 to 6 dwelling units per acre)
    (305) 960-2400
    Request Owner's contact information
    23801 SW 120Th Ave Homestead, FL 33032
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    Homestead, FL 33032
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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
    23801 SW 120Th Ave Homestead, FL 33032
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