280 St HomesteadHomestead, FL 33031

Property Details for 280 St Homestead

Lot size

15.40 AC

Property type

Agricultural properties

Property subtype

Other specialty properties

Description

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.

Location Insight

City

Homestead

County

Miami-Dade

State

Florida

Latitude

25.5074

Longitude

-80.4777

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