224XX 217Th Ave Miami, FL 33170
This exceptional 5-acre agricultural property, located at 224XX SW 217 Ave., Homestead, Florida 33170, presents a unique investment opportunity in Miami-Dade County. Currently utilized as a papaya farm, this land offers versatility for various uses. The asking price is $625,000. Its prime location offers convenient access to Krome Avenue, providing easy commuting. The property boasts unobstructed western views, ideal for enjoying breathtaking sunsets. The expansive acreage provides ample space for building a dream home, continuing agricultural operations, or exploring other development possibilities. The land's agricultural zoning allows for a range of uses, subject to local regulations. This is a rare chance to acquire a sizable parcel in a desirable location, combining the tranquility of rural living with the convenience of proximity to urban amenities. The property's existing infrastructure, including its current use as a papaya farm, could provide immediate income potential or a solid foundation for future development. Serious inquiries are encouraged to explore the full potential of this remarkable property. Latitude and longitude coordinates are 25.6230295, -80.5435962 respectively.
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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Risks
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