360XX 257 Ave Homestead, FL 33035
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.
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
Similar Nearby for Lease
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.