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    224XX 217Th Ave Miami, FL 33170

    For Sale
    $625,000

    Buildable 5-acre lot, great sunset views.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 5-acre agricultural property, located at 224XX SW 217 Ave., Homestead, Florida 33170, presents a unique investment opportunity in Miami-Dade County. Currently utilized as a papaya farm, this land offers versatility for various uses. The asking price is $625,000. Its prime location offers convenient access to Krome Avenue, providing easy commuting. The property boasts unobstructed western views, ideal for enjoying breathtaking sunsets. The expansive acreage provides ample space for building a dream home, continuing agricultural operations, or exploring other development possibilities. The land's agricultural zoning allows for a range of uses, subject to local regulations. This is a rare chance to acquire a sizable parcel in a desirable location, combining the tranquility of rural living with the convenience of proximity to urban amenities. The property's existing infrastructure, including its current use as a papaya farm, could provide immediate income potential or a solid foundation for future development. Serious inquiries are encouraged to explore the full potential of this remarkable property. Latitude and longitude coordinates are 25.6230295, -80.5435962 respectively.

    Property Features for 224XX 217Th Ave

    General Information

    Property type
    Farms

    HighLights

    • 5‑acre agricultural lot in Homestead, FL, asking $625,000.
    • Located near Krome Avenue in Miami‑Dade County.
    • Currently used as a papaya farm, offering potential for residential development or continued agricultural use.
    • Features unobstructed western sunset views.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.5435962
    Latitude
    25.6230295

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    FAQs

    What type of property is this?
    Farm - Buildable 5-acre lot, great sunset views.
    Where is this farm located?
    The property is located at 224XX 217Th Ave Miami, FL.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: 5-acre agricultural lot in Homestead, FL, asking $625,000.; Located near Krome Avenue in Miami-Dade County.; Currently used as a papaya farm, offering potential for residential development or continued agricultural use.
    Request Owner's contact information
    224XX 217Th Ave Miami, FL 33170
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    Miami, FL 33170
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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
    224XX 217Th Ave Miami, FL 33170
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