15490 240Th St Homestead, FL 33032
This exceptional 9.85-acre agricultural property in Homestead, Florida (APN 30-6921-000-0280), is offered at $1,650,000. Currently generating income from five active nurseries and a two-story single-family home, all with month-to-month tenants providing an immediate return on investment. The property boasts a diverse array of mature fruit trees, including mango, avocado, and lime trees. Existing infrastructure includes a fully fenced perimeter and irrigation systems, supporting the rich soil ideal for continued agricultural use. The two-story home also has a month-to-month tenant. Conveniently located in Miami-Dade County (zip code 33032) with easy access to major roadways, this land presents a compelling opportunity for both established agricultural operations and future development potential. The permitted zoning is 9000. Buyers are advised to verify intended use with Miami-Dade County. This is a rare chance to acquire a productive income-generating property in a thriving area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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