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    38400 203 Ave Florida City, FL 33034

    Sponsored
    For Sale
    $1,299,000

    10 Acres, 2 Buildable Lots, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 10-acre property in Homestead, Florida, presents a unique investment opportunity. Located at 38400 SW 203rd Ave, Florida City, 33034, this special-purpose property boasts a thriving tropical fruit orchard. Half of the acreage is dedicated to Thai guava trees, while the other half comprises a rare 5-acre jujube orchard. The farm's strategic location offers easy access to Ingraham Highway, the Turnpike, and the Florida Keys, ensuring excellent connectivity. The property is fully fenced and equipped with an irrigation system, a diesel pump, and a storage tank, enhancing operational efficiency. Currently owner-occupied and with on-site security, this property offers peace of mind. Further adding to its value, the property is zoned to allow for division into two separate buildable lots post-purchase, opening up diverse development possibilities. The asking price for this remarkable investment is $1,299,000. This high-ground property in Miami-Dade County represents a rare combination of agricultural productivity and significant future development potential. Don't miss this chance to acquire a truly unique and profitable asset.

    Property Features for 38400 203 Ave

    General Information

    Property type
    Specialty properties

    HighLights

    • $1,299,000 asking price.
    • 10‑acre special purpose property in Homestead, Florida.
    • Located in Miami‑Dade County, at 38400 SW 203rd Ave, Florida City, FL 33034.
    • Features 5 acres of Thai Guava and 5 acres of Jujube trees.
    • Conveniently located off Ingraham Highway, near the Turnpike and Florida Keys.
    • Fully fenced with irrigation, diesel pump, and tank.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Spa & Massage Hair Salon Building Supply Wholesale Shop Skin Care Clinic Accounting Firm Food Market HVAC Service Garden Center Car Rental

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

    Location Insight

    • Map
    • Local Demand
    City
    Florida City
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.5013467
    Latitude
    25.4184422

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    FAQs

    What type of property is this?
    Specialty property - 10 Acres, 2 Buildable Lots, Prime Location
    Where is this specialty property located?
    The property is located at 38400 203 Ave Florida City, FL.
    What is the asking price?
    The asking price for this property is $1,299,000.
    What are key features of this property?
    This property features: $1,299,000 asking price.; 10-acre special purpose property in Homestead, Florida.; Located in Miami-Dade County, at 38400 SW 203rd Ave, Florida City, FL 33034.
    Request Owner's contact information
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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
    38400 203 Ave Florida City, FL 33034
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