19500 240Th StHomestead, FL 33031
- Land
- 15.06 AC
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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