80 State Rd Miami Canal Rd South Bay, FL 33440
This exceptional five-acre agricultural property, located in Palm Beach County, Florida, presents a unique investment opportunity. Currently operating as a profitable sugarcane farm, this land boasts a healthy cash flow and significant development potential. Situated on US 27, a high-traffic area, the property enjoys excellent visibility and accessibility. Its proximity to John Stretch Memorial Park opens doors to a variety of uses, including the establishment of an RV resort, restaurant, or cabins. The property has already undergone petitioning for recreational use, streamlining the process for future development. The existing agricultural operation provides immediate return on investment, while the zoning and location offer considerable long-term growth potential. An adjacent 27-acre parcel is also available for acquisition, providing an opportunity for significant expansion. The property's address is 80 State RD Miami Canal Rd, Unincorporated Palm Beach County, FL 33440. This is a rare chance to acquire a versatile property in a desirable location with immediate income and substantial future upside. The asking price is $499,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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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.