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    112 Ave 240 St Homestead, FL 33032

    For Sale
    $89,000

    Prime Homestead land, ready to build.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 89,000 dollar vacant lot presents a unique investment opportunity in the thriving Homestead, Florida area. Located at 112 Ave 240 St, 33032, in Unincorporated Dade County, Miami-Dade County, this property boasts a strategic location near fully developed areas, offering convenient access to amenities and infrastructure. The lot's precise coordinates are 25.5444854 latitude and -80.3720174 longitude. Classified as Special Purpose, this parcel is ideal for a variety of development projects, providing significant potential for future growth and return on investment. Its proximity to established communities makes it an attractive option for both residential and commercial ventures. The asking price of $89,000 represents a compelling entry point into the Homestead real estate market. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. This is a rare chance to acquire a piece of land in a rapidly developing area of South Florida. Don't miss this opportunity to secure your future in Homestead. The property is currently vacant, providing a blank canvas for your vision.

    Property Features for 112 Ave 240 St

    General Information

    Property type
    Specialty properties
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Homestead
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.3720174
    Latitude
    25.5444854

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    FAQs

    What type of property is this?
    Specialty property - Prime Homestead land, ready to build.
    Where is this specialty property located?
    The property is located at 112 Ave 240 St Homestead, FL.
    What is the asking price?
    The asking price for this property is $89,000.
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    112 Ave 240 St 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
    112 Ave 240 St Homestead, FL 33032
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