Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    35302 212Th Ave Homestead, FL 33034
    Back to Search
    Property profile & analytics

    35302 212Th Ave, Homestead, FL 33034

    View on Map
    • Specialty properties
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 35302 212Th Ave

    Property type
    Specialty properties

    Description

    This exceptional 2.4-acre property, located at 35302 SW 212 AVE, Homestead, Florida 33034, presents a unique investment opportunity. Zoned for agricultural and residential use, this expansive parcel offers considerable flexibility for a variety of development projects. The land is conveniently situated in Miami-Dade County, providing easy access to major transportation routes and urban amenities. A key advantage is the existing well water supply, reducing reliance on municipal water sources and potentially lowering operational costs. The property's size and versatility make it ideal for various uses, from agricultural pursuits like farming or horticulture to potential residential subdivision or development. Detailed zoning information and development possibilities should be verified independently with the relevant county authorities. This is a rare opportunity to acquire a substantial land holding in a rapidly growing area of South Florida. The asking price for this remarkable property is $425,000. Serious inquiries are encouraged to explore the full potential of this exceptional land parcel. Latitude and longitude coordinates are 25.4390523, -80.5344388 respectively.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Homestead
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.5344
    Latitude
    25.4391

    Comparable in this City

    • Value Estimation by Request

      246 1St St

      Specialty properties
      246 1St St, Florida City, FL 33034
      View Details
    • Value Estimation by Request

      352XX 224Th Ave

      Specialty properties
      352XX 224Th Ave, Homestead, FL 33034
      View Details
    • Value Estimation by Request
      16,095 SF

      19200 380th St

      CHARITABLE ORGANIZATION
      19200 380th St, Homestead, FL 33034-7002
      View Details
    • Value Estimation by Request

      34 5Th Ave

      Specialty properties
      34 5Th Ave, Florida City, FL 33034
      View Details
    • Value Estimation by Request

      20510 360Th St

      Specialty properties
      20510 360Th St, Homestead, FL 33034
      View Details
    • Value Estimation by Request

      20201 396Th St

      Specialty properties
      20201 396Th St, Homestead, FL 33034
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      30,000 SF

      Best Buy NNN Leased Investment

      NNN leased Best Buy with corporate guarantee and rental increases.
      33590 S Dixie Hwy, Homestead, FL 33034
      View Details
    • $2,850,000
      0.18 Acres

      Florida City Multifamily Investment Opportunity

      Two multifamily properties in up-and-coming Florida City neighborhood.
      421 NW 12Th St, Florida City, FL 33034
      View Details
    • $13,800,000
      30,421 SF

      Educational Investment Opportunity in Florida City

      Single tenant NNN educational campus with expansion potential.
      713 W Palm Dr, Florida City, FL 33034
      View Details
    • $13,800,000

      Florida City Educational Investment Opportunity

      Single tenant NNN K12 campus with expansion potential.
      713 W Palm Dr, Florida City, FL 33034
      View Details
    • Contact for pricing
      9,100 SF

      Dollar General NNN Investment Opportunity

      9,100 SF Dollar General in Florida City (Homestead), FL.
      580 W Palm Dr, Homestead, FL 33034
      View Details

    Similar Nearby for Lease

    • $25 SF/Yr
      32,670 SF

      Florida City Retail/Restaurant/Medical Space

      Retail, restaurant, medical, and daycare spaces for lease.
      881 W Palm Dr, Florida City, FL 33034
      View Details
    • $25 SF/Yr
      32,670 SF

      Florida City Retail Space Available

      Retail spaces for lease near Florida Keys gateway.
      Florida City, FL 33034
      View Details
    • $1,450 /Mo

      1320 NW 5th Ave 1320, Florida City, FL 33034

      Quadplexes
      1320 NW 5Th Ave, Florida City, FL 33034
      View Details
    • Contact for pricing

      Salon Space Sub-Rental Opportunity

      Sub-rent space in Ariane Beauty and Barber Salon.
      33521 S Dixie Hwy, Homestead, FL 33034
      View Details
    • $6,500 /Mo
      22,181 SF

      Florida City Commercial Building Lease

      Commercial building for lease with parking near Florida Turnpike.
      1400 NW 3Rd Ave, Florida City, FL 33034
      View Details
    • $1,500 /Mo
      9,666 SF

      Retail Space in High-Traffic Area

      Sub-rent space in Ariane Beauty and Barber Salon.
      33521 S Dixie Hwy, Homestead, FL 33034
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    35302 212Th Ave
    Homestead, FL 33034
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    35302 212Th Ave, Homestead, FL, 33034
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!