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OFF-MARKET
Specialty properties

360XX 257 Ave Homestead, FL 33035

Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents 5 acres of vacant land in Homestead, Florida, located near the Homestead Speedway at 360XX SW 257th Avenue, zip code 33035. Currently zoned GU, this property offers immediate potential for agricultural use. The expansive acreage provides ample space for various farming ventures. Looking ahead, the property's zoning allows for the construction of a single-family home, presenting a compelling long-term development prospect. This strategic location near the Homestead Speedway adds to its appeal, offering convenient access to major transportation routes and amenities. The asking price for this unique property is $200,000. Prospective buyers are encouraged to independently verify all information with Miami-Dade County building and zoning departments to ensure compliance with all regulations and to explore the full range of development possibilities. This is a rare chance to acquire a substantial parcel of land in a rapidly growing area, making it an attractive investment for both seasoned developers and astute investors seeking future growth potential. The property's versatility and strategic location make it a truly exceptional opportunity.

Property profile
Verified
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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