24300 162Nd Ave Homestead, FL 33031
This exceptional 5.57-acre parcel presents a unique investment opportunity in the desirable Redlands area of Homestead, Florida. Located at 24300 SW 162ND AVE, 33031, this special-purpose property offers significant potential for a variety of uses, subject to local zoning regulations. The expansive land area provides ample space for development or expansion, catering to diverse entrepreneurial visions. Situated in Miami-Dade County, this strategically located property benefits from convenient access to major transportation routes, enhancing its overall appeal and accessibility. The asking price for this remarkable property is $895,000. Detailed zoning information and potential development options should be independently verified with the relevant authorities. This is a rare chance to acquire a substantial land holding in a thriving South Florida community. Prospective buyers are encouraged to conduct thorough due diligence to assess the property's suitability for their intended purposes. The property's geographical coordinates are 25.5407344 latitude and -80.4536835 longitude. This prime real estate presents a compelling investment opportunity in a rapidly growing market.
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.