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Property profile

29775 177Th Ave Homestead, FL 33030

OFF-MARKET
Specialty properties
Property ID
US18-1554355
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Property summary

AI-generated overview

This exceptional 5-acre property located at 29775 SW 177th Ave, Homestead, Florida 33030, presents a unique investment opportunity for developers. Priced at $2,800,000, this lushly landscaped estate boasts a main house, two cottages, and a one-bedroom, one-bathroom apartment, all currently generating rental income. The property is zoned EU-M, permitting the development of one-acre or half-acre estates, making it ideal for a variety of high-end residential projects. Situated in a rapidly developing area of Homestead, Miami-Dade County, this location offers significant potential for future appreciation. The sale is not subject to appraisal, and buyers are responsible for conducting their own due diligence. The existing structures provide immediate cash flow while offering the flexibility to develop the land according to zoning regulations. This is a rare chance to acquire a substantial parcel in a prime location with significant upside potential. Coordinates are 25.49046 latitude and -80.4765364 longitude. Don't miss this chance to capitalize on the growth in Homestead.

Property profile

Verified
Property type Specialty properties
UPID US18-1554355

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

29775 177Th Ave Homestead, FL 33030
Homestead metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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