20400 203Rd Ave Miami, FL 33187
This exceptional 5.15-acre parcel of agricultural land is located in Miami-Dade County's desirable Redlands community at 20400 SW 203 Ave, Miami, FL 33187. Currently listed at $850,000, this property presents a unique opportunity for various development possibilities. The land is fully fenced and cleared, simplifying the development process. Its strategic location within the Redlands area offers a blend of agricultural and residential uses. The surrounding area is characterized by farms, nurseries, estate homes, and equestrian properties, creating a tranquil yet accessible environment. The expansive acreage allows for the construction of a substantial estate home while simultaneously accommodating agricultural pursuits such as a nursery or animal husbandry. The property's size and location provide ample space for barns and other outbuildings, making it ideal for those seeking a blend of rural living and agricultural endeavors. Given the increasing scarcity of available lots in this sought-after location, this property represents a compelling investment opportunity for discerning buyers seeking a prime piece of land in the Redlands. The property's cleared and fenced status further enhances its appeal, minimizing initial development costs and expediting the construction process. Don't miss this chance to secure a remarkable piece of land in a thriving agricultural community.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.