For Lease
$11,761.20/SF/YR

280 St Homestead Homestead, FL 33031

15 Acres, Agricultural/Residential

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional 15.4-acre (±670,606 sq ft) property in Homestead, Florida, presents a unique investment opportunity. Located at the Northwest corner of Krome Ave and SW 280th St, this land boasts frontage on Krome Ave and is zoned AU (Agricultural) & EU-1 (Estates-1 acre), offering flexibility for various uses. Currently utilized for farming, the property's potential extends to residential estate development, given the proximity to upscale housing developments with homes exceeding $600,000. The site features two lots (6.56 acres and 8.83 acres) totaling approximately 15.4 acres, and includes on-site well water. Lease options are available at $0.27/sq ft ($15,904/month or $181,122.48 annually for the entire 15.4 acres), with lease terms negotiable. Sale is also possible, with recent comparable sales ranging from $125,000 to $250,000 per acre. This prime location in the Redlands/Homestead submarket of Miami-Dade County offers significant upside potential through leasing, sale, or redevelopment. The property's APN is 30-6836-000-0550 & 30-6836-000-0551. This is one of the larger land parcels in the area, making it an attractive investment for both short-term and long-term growth.

Highlights

  • 15.4-acre (≈670,606 sq ft) land parcel for sale or lease in Homestead, FL.
  • Located at the NW corner of Krome Ave and SW 280th St, with Krome Ave frontage.
  • Zoned AU (Agricultural) & EU-1 (Estates-1 acre), suitable for various uses including residential development.
  • Two parcels (6.56 acres & 8.83 acres) with on-site well water; currently used for farming.
  • Lease options available at $0.27/sq ft ($15,904/month or $181,122.48 annually for the entire property), with sale price based on recent comparables of $125,000-$250,000 per acre.

Property Details for 280 St Homestead

Property type
Specialty properties, Land
RSF (Rentable sq. ft)
670,824 SF

Unit(s) available at that property

Space
Size
670,824 SF
Rate per SF
$11,761.20

Location Insight

City
Homestead
County
Miami-Dade
State
Florida
Latitude
25.507443960186
Longitude
-80.477707595306

FAQs

What type of property is this?
Specialty property - 15 Acres, Agricultural/Residential
Where is the specialty property located?
The property is located at 280 St Homestead Homestead, FL.
What is the lease rate?
The lease rate is $11,761.20/SF/YR.
What are key features of this property?
This property features: 15.4-acre (≈670,606 sq ft) land parcel for sale or lease in Homestead, FL.; Located at the NW corner of Krome Ave and SW 280th St, with Krome Ave frontage.; Zoned AU (Agricultural) & EU-1 (Estates-1 acre), suitable for various uses including residential development.
How can I contact the broker?
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280 St Homestead
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