0 Krome Ave Homestead, FL 33031
This exceptional 8.72-acre parcel presents a unique opportunity in Homestead, Florida. Zoned for residential use, this expansive land offers the potential for a substantial estate or other residential development. Located in Miami-Dade County, the property boasts two wells, adding significant value and utility. The land's prime location provides convenient access to area amenities while maintaining a tranquil, natural setting. The property is conveniently located near Krome Ave and 26705 SW 177th Ave, Homestead, FL 33031. The asking price is $4,500,000 per acre. Owner financing is available with a 50% down payment, a three-year balloon mortgage, and a 6.5% interest rate. This is an ideal investment for those seeking a large, versatile property in a desirable location. The property's APN is 30-6931-000-0170. The expansive acreage provides ample space for a variety of uses, from a single-family estate to a potential multi-unit development, subject to local zoning regulations. The presence of two wells further enhances the property's appeal and practicality. This rare opportunity combines the benefits of a peaceful, natural setting with the convenience of proximity to urban amenities.
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
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.