19500 240Th StHomestead, FL 33031

  • Land
  • 15.06 AC
For Sale
$4,800,000 View listing

Property Details for 19500 240Th St

Lot size
15.06 AC
Zone code
9000:AGRICULTURE
Property type
Land
Property subtype
Commercial land
APN
30-6823-000-0320
APU
3068230000320

Description

This exceptional 653,400 square foot nursery in Homestead, Florida, is offered for sale at $4,800,000. Established for 30 years, it boasts a stellar reputation for high-quality plants, cultivated using superior materials and controlled environment techniques. The business features six shade houses with reinforced structures and two-tiered roofing for optimal temperature control, and three greenhouses equipped with computerized irrigation, fans, and foggers. A state-of-the-art fourth greenhouse utilizes a Dutch-built moving container system for maximized efficiency. The property includes a large packing and shipping area with a spacious office, two sturdy office buildings (one a renovated double shipping container, the other a manufactured building with multiple offices), and a newly constructed restroom facility. Two reverse osmosis systems process 90,000 gallons of water daily, ensuring plant health. A substantial 84 kW solar farm significantly reduces energy costs, lowering the average monthly electric bill from $2,000 to approximately $350. The business enjoys consistent sales growth exceeding $4 million in 2021, with a loyal, long-tenured workforce (average tenure 10 years) of 40 full-time employees. Located in Miami-Dade County's Redland agricultural area, the 15-square-foot lot is conveniently situated near SR997, a recently expanded four-lane highway. The asking price excludes plant inventory. The owner is offering training and consultation to ensure a smooth transition.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $541,673,856
    Hospitality
    $496,170,336
    Educational
    $412,807,904
    Medical
    $427,004,992
    Retail
    $642,145,600
19500 240Th St, Homestead, Florida

Location Insight

City
Homestead
County
Miami-dade
State
Florida
Latitude
25.5419
Longitude
-80.508
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,142
-
-
$153,532
-
$1,129,500
-
$1,129,500

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