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OFF-MARKET
Specialty properties

38400 203Rd Ave Florida City, FL 33034

Property ID
Property summary
AI-generated overview

This exceptional 10-acre property in Homestead, Florida, presents a unique investment opportunity. Located at 38400 SW 203rd Ave, Florida City, 33034, this special-purpose property boasts a thriving tropical fruit orchard. Half of the acreage is dedicated to Thai guava trees, while the other half comprises a rare 5-acre jujube orchard. The farm's strategic location offers easy access to Ingraham Highway, the Turnpike, and the Florida Keys, ensuring excellent connectivity. The property is fully fenced and equipped with an irrigation system, a diesel pump, and a storage tank, enhancing operational efficiency. Currently owner-occupied and with on-site security, this property offers peace of mind. Further adding to its value, the property is zoned to allow for division into two separate buildable lots post-purchase, opening up diverse development possibilities. The asking price for this remarkable investment is $1,299,000. This high-ground property in Miami-Dade County represents a rare combination of agricultural productivity and significant future development potential. Don't miss this chance to acquire a truly unique and profitable asset.

Property profile
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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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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