19922 304Th St Homestead, FL 33030
This exceptional 4.37-acre property in the desirable Redland area of Homestead, Florida, presents a unique development opportunity. Located at 19922 SW 304th Street, 33030, this land boasts tentative plat approval from Miami-Dade County for the creation of four separate 1-acre residential estates. The property is zoned EU-S (Estate Use, Suburban Single Family), allowing for lots of 25,000 square feet. Enjoy the tranquility of this quiet location, bordered by a nature preserve to the east, offering residents a peaceful and secluded environment. Conveniently situated on a paved road just west of Homestead, this land provides easy access to local amenities while maintaining its serene atmosphere. The asking price for this remarkable opportunity is $1,075,000. This is a rare chance to acquire a substantial parcel of land with pre-approved plans, ideal for creating exclusive residential estates in a highly sought-after area of South Florida. The property's location, zoning, and pre-approval make it an attractive investment for developers seeking to capitalize on the growing demand for luxury residential properties in the Homestead area. Don't miss this chance to own a piece of the beautiful Redland landscape.
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.