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Property profile

19380 280Th St Homestead, FL 33030

OFF-MARKET
Specialty properties
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Property summary

AI-generated overview

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

Current use

Occupant on record · Public records
  • Garden Center Landscaping

Value estimations

Realmo proprietary · 4 methods
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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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