0 240Th St Homestead, FL 33031
This exceptional 5-acre parcel of cleared vacant land in Homestead, Florida, presents a unique investment opportunity. Located in Miami-Dade County, specifically west of US-1 and east of Krome Avenue, this property boasts convenient access to major roadways while maintaining a tranquil country setting. The land is within walking distance of the Redlands Golf & Country Club, offering a desirable blend of seclusion and proximity to amenities. Electricity is already available on-site, simplifying development plans. The property's ideal location makes it suitable for a variety of uses, including agricultural ventures or other commercial developments. Its expansive size provides ample space for various projects, offering significant potential for future growth and return on investment. The property is identified by Folio numbers 30-69-19-000-0460 and 30-69-19-000-0470. The southwest corner of the property is defined by the intersection of SW 170th Avenue and SW 240th Street. The asking price for this rare opportunity is $750,000. Don't miss this chance to acquire a substantial piece of land in a highly sought-after area of South Florida.
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.
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.