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Property profile

22800 304Th St Homestead, FL 33030

OFF-MARKET
Specialty properties
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Property summary

AI-generated overview

Discover a unique investment opportunity: a thriving 5-acre guava farm in Homestead, Florida, priced at $759,000. This exceptional property is ideally situated just 30 minutes from both Miami and the Florida Keys, offering convenient access to major transportation routes and markets. The farm currently produces high-value crops including Thai guava, Chinese guava, soursop, and tamarind, ensuring a consistent income stream. On-site infrastructure includes a substantial 40x60 foot packing house built on a concrete slab, a fully functional irrigation system complete with a diesel pump and storage tank, and a 40-foot shipping container for efficient storage and transport. A convenient farm bathroom is already in place, and electrical service is currently being installed. The property also boasts a comprehensive tree inventory. Located on a peaceful dead-end street, this tranquil setting offers a 3-minute walk to the popular Schnebly's Winery and Brewery. Beyond its agricultural potential, this expansive 5-acre parcel allows for the construction of a single-family home and a guest house, presenting further development possibilities. This rare opportunity combines established agricultural income with significant future development potential, making it an attractive investment for both seasoned farmers and astute real estate investors. The property is zoned to allow for residential construction.

Property profile

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Property type Specialty properties

Cap rate & NOI

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Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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