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    240Th St Homestead, FL 33031

    For Sale
    $750,000

    Prime 5-acre vacant land near Redlands.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 5-acre parcel of cleared vacant land in Homestead, Florida, presents a unique investment opportunity. Located in Miami-Dade County, specifically west of US-1 and east of Krome Avenue, this property boasts convenient access to major roadways while maintaining a tranquil country setting. The land is within walking distance of the Redlands Golf & Country Club, offering a desirable blend of seclusion and proximity to amenities. Electricity is already available on-site, simplifying development plans. The property's ideal location makes it suitable for a variety of uses, including agricultural ventures or other commercial developments. Its expansive size provides ample space for various projects, offering significant potential for future growth and return on investment. The property is identified by Folio numbers 30-69-19-000-0460 and 30-69-19-000-0470. The southwest corner of the property is defined by the intersection of SW 170th Avenue and SW 240th Street. The asking price for this rare opportunity is $750,000. Don't miss this chance to acquire a substantial piece of land in a highly sought-after area of South Florida.

    Property Features for 0 240Th St

    General Information

    Property type
    Specialty properties

    HighLights

    • 5‑acre cleared vacant land in Homestead, Florida.
    • Located west of US‑1 and east of Krome Avenue in Miami‑Dade County, offering convenient access to major roadways.
    • Walking distance to Redlands Golf & Country Club.
    • On‑site electricity available.
    • Suitable for various commercial uses, including agriculture.
    • Folio numbers 30‑69‑19‑000‑0460 and 30‑69‑19‑000‑0470; SW corner at SW 170th Ave & SW 240th St.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Homestead
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.521404
    Latitude
    25.5426485

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    FAQs

    What type of property is this?
    Specialty property - Prime 5-acre vacant land near Redlands.
    Where is this specialty property located?
    The property is located at 240Th St Homestead, FL.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: 5-acre cleared vacant land in Homestead, Florida.; Located west of US-1 and east of Krome Avenue in Miami-Dade County, offering convenient access to major roadways.; Walking distance to Redlands Golf & Country Club.
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    240Th St Homestead, FL 33031
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    Homestead, FL 33031
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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
    240Th St Homestead, FL 33031
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