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Property profile & analytics
OFF-MARKET
Warehouses

304XX 217Th Ave Homestead, FL 33030

Property ID
Property summary
AI-generated overview

This exceptional 80-acre property in Homestead, Florida, presents a unique investment opportunity. Currently operating as a thriving guava and longan fruit grove, generating substantial income, the land boasts significant frontage on a public road. The property is zoned for industrial use and classified as a warehouse, offering immense potential for redevelopment. The expansive acreage provides ample space for a large-scale nursery or other industrial ventures. Located at 304XX SW 217 Ave, Miami, Florida, 33030, in Miami-Dade County, this property is strategically positioned within a dynamic market. The asking price is $14,000,000. The property's existing fruit grove provides immediate cash flow, while its zoning and size allow for a wide range of future development possibilities. Owner financing is available, making this an attractive proposition for investors seeking a high-return, income-producing asset with significant upside potential. The property's location offers easy access to major transportation routes, further enhancing its appeal. This is a rare opportunity to acquire a large-scale industrial property with proven income generation and significant future development potential. The coordinates are 25.4476206 latitude and -80.5419633 longitude.

Property profile
Verified
Property type Warehouses
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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