344xx 117Th Ave Miami, FL 33035
This exceptional 2.5-acre vacant land parcel presents a compelling investment opportunity in the burgeoning Homestead, Florida market. Located in Miami-Dade County, at 344xx SW 117 Ave, zip code 33035, this special purpose property boasts a strategic location adjacent to SW 340th Street, providing direct access to the Homestead Speedway, home of NASCAR and other major events. Its proximity to key transportation arteries, including the Florida Turnpike and US1, ensures excellent connectivity to Florida City, the Florida Keys, and other significant areas. The property benefits from its position within minutes of the Homestead Air Force Base and numerous high-tech facilities and distribution centers, including Amazon. The surrounding area is experiencing significant residential development, indicating strong potential for future growth and appreciation. This prime location offers diverse development possibilities, capitalizing on the area's expanding infrastructure and economic activity. The asking price for this exceptional property is $250,000. This represents a unique chance to acquire land in a rapidly developing region with substantial long-term growth prospects. The coordinates are 25.463105 latitude and -80.3795363 longitude.
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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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.