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    144XX 205Th Ave Miami, FL 33196

    For Sale
    $1,299,000

    High-yield Dragon Fruit Farm, Excellent Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 10-acre property in Miami-Dade County, Florida, presents a unique commercial/agricultural investment opportunity. Located at 144XX 205 Ave, Miami, FL 33196 (latitude 25.6271129, longitude -80.5257299), this special-purpose land is currently highly productive, boasting 9.51 acres dedicated to the cultivation of dragon fruit (pitaya). The existing dragon fruit operation offers immediate income generation, making this a compelling investment for both agricultural and commercial developers. The property's size and location in the thriving Miami market provide significant potential for future development and expansion. The asking price for this remarkable opportunity is $1,299,000. This represents a chance to acquire a well-established, income-producing asset with substantial upside potential in a dynamic and rapidly growing area. The property's zoning and permitted uses should be independently verified. Serious inquiries are encouraged to explore the full potential of this unique offering. Further details regarding the current agricultural operation and potential future development scenarios are available upon request. This is a rare chance to own a significant piece of land in a prime Miami location with immediate income and long-term growth prospects.

    Property Features for 144XX 205Th Ave

    General Information

    Property type
    Specialty properties
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.5257299
    Latitude
    25.6271129

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    FAQs

    What type of property is this?
    Specialty property - High-yield Dragon Fruit Farm, Excellent Potential
    Where is this specialty property located?
    The property is located at 144XX 205Th Ave Miami, FL.
    What is the asking price?
    The asking price for this property is $1,299,000.
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    144XX 205Th Ave Miami, FL 33196
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    Miami, FL 33196
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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
    144XX 205Th Ave Miami, FL 33196
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