23400 209 Pl Homestead, FL 33031
This exceptional 1.4-acre property in Miami-Dade County's Redland agricultural community presents a unique investment opportunity. Located on a paved road in a farming and equestrian area, this buildable lot offers significant potential for various agricultural uses, including a tree farm, nursery, or horse barns. The property is situated in unincorporated Miami-Dade County, outside the city limits of Homestead, avoiding city taxes and water bills. Underground FPL power is being installed, and the property utilizes well water and septic systems. The location offers a tranquil setting between Biscayne National Park and the Everglades, providing convenient access to both natural beauty and recreational amenities. The property's zoning allows for the construction of a main house, guest house, horse barn, workshop, or nursery, among other agricultural-related structures. Nearby, new homes are selling for $1.35 million to $1.45 million, highlighting the area's strong real estate market. A county park with a playground and basketball courts is also conveniently located nearby. Priced at $445,000, this property represents an exceptional value for its size, location, and development potential. The address is 23400 SW 209th Pl, Homestead, FL 33031.
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
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No recorded transactions found for this property.
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Risks
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