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    Specialty properties

    19380 280Th St, Homestead, FL 33030

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    This exceptional 14-acre property in the desirable Redland area of Homestead, Florida, presents a unique investment opportunity. Located at 19380 SW 280th St, Miami, FL 33030, this special-purpose property is currently used as a container nursery, but its potential extends far beyond. The site boasts existing infrastructure including irrigation, a shop, a mist house, and an office trailer. Utilities are in place with FPL power and a septic system. A Phase 1 environmental assessment has already been completed, streamlining the development process. The land is cleared and ready for its next use, whether continuing as a nursery or transitioning to a high-end residential development. The property's layout is advantageous, and there are multiple right-of-way options for access, including access on 280th Street. A significant benefit is the location in unincorporated Miami-Dade County, eliminating city taxes and water bills. The asking price is $1,890,000. There is also an option to purchase the back 10 acres separately, terms negotiable.

    Property profile
    Verified
    Property type Specialty properties
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Palmetto Bay Growers Inc Garden Center Landscaping
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
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    Permitted uses
    Allowed · conditional · prohibited
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