173XX 277Th St Homestead, FL 33031
This exceptional 10-acre property located at 173XX S 277 Street, Homestead, Florida 33031, presents a unique investment opportunity. Currently operating as a meticulously maintained longan grove, this fully fenced orchard boasts approximately 710 mature longan trees, ensuring a consistent income stream. The property features a comprehensive irrigation system, vital for optimal tree health and productivity. Situated within the Urban Development Boundary (UDB) of Miami-Dade County, this location offers significant potential for future development, while also benefiting from its proximity to upscale residential areas. The asking price for this remarkable property is $5,000,000. The property's geographical coordinates are 25.5091289 latitude and -80.470326 longitude. Given its established income generation and strategic location, this longan grove represents a compelling investment in Florida's thriving agricultural and real estate markets. The property's special purpose designation reflects its current use and potential for future development within the established guidelines of Miami-Dade County. Serious inquiries are encouraged to explore this rare opportunity.
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
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.