Property profile

80 State Rd Miami Canal Rd South Bay, FL 33440

OFF-MARKET
Land
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

80 State Rd Miami Canal Rd South Bay, FL 33440
South Bay metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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