22800 304Th St, Homestead, FL 33030
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.
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.
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Risks
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