29775 177Th Ave Homestead, FL 33030
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.
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
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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.