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Property profile & analytics
OFF-MARKET
Specialty properties

248XX 227Th Ave Homestead, FL 33031

Property ID
Property summary
AI-generated overview

This exceptional 2.5-acre property, situated in Homestead, Florida (Miami-Dade County, zip code 33031), presents a unique opportunity for various ventures. Located off SW 248th Street and SW 227th Avenue, this cleared lot boasts a desirable northern exposure and is already fenced, simplifying development. The property is ideally suited for those seeking to build a custom home in a family-friendly and farming-friendly neighborhood. Alternatively, its size and location make it perfect for establishing a small nursery or utilizing it as farmland. The seller has already obtained a buildable letter from Miami-Dade County, streamlining the construction process and eliminating potential delays. Adding to its appeal, owner financing is available, making this attractive property even more accessible. The precise address is 248XX SW 227th Avenue, Homestead, FL 33031, with GPS coordinates of 25.5353213 latitude and -80.5588805 longitude. This is a rare opportunity to acquire a sizable, ready-to-develop parcel in a desirable location, priced at $520,000.

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
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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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