304XX 217Th Ave Homestead, FL 33030
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.