0 199Th Ave Homestead, FL 33031
This exceptional one-acre lot in Homestead, Florida, presents a unique investment opportunity. Located at 199 Ave, 33031, this property is ideally situated within a predominantly residential neighborhood. Single-family homes border the lot to the north, south, and east, providing a stable and desirable surrounding community. To the west, the property adjoins agricultural land. The lot's location within Miami-Dade County offers convenient access to local amenities and transportation routes. This property is particularly attractive for its potential for development, given its size and location within a growing residential area. The asking price is $248,000. This offering presents a compelling opportunity for investors seeking land in a desirable location. Note that this one-acre lot can be purchased individually or as part of a larger three-acre parcel, which includes two adjacent lots to the south. The potential for expansion or development of a larger project makes this an even more attractive proposition. The property's zoning and permitted uses should be independently verified by the prospective buyer. All interested parties are encouraged to conduct their own due diligence before making an offer. This is a rare opportunity to acquire a significant piece of land in a rapidly developing area of Homestead.
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
Similar Nearby for Sale
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.