18455 284Th StHomestead, FL 33030

Property Details for 18455 284Th St

Lot size

5.00 AC

Zone code

9000:AGRICULTURE

Property type

Retail properties

Property subtype

Other retail properties

APN

30-7801-000-0270

APU

3078010000270

Description

This exceptional 33-acre property in Homestead, Florida, presents a unique investment opportunity. Located at 18455 SW 284th St, Miami-Dade County, 33030, this expansive land boasts a diverse range of features, making it ideal for various ventures. The property currently operates as a thriving wholesale nursery, complete with multiple buildings and a comprehensive irrigation system. Twenty acres are dedicated to farmland, offering significant potential for agricultural pursuits. Two existing homes provide comfortable living accommodations, either for owners or potential rental income. All existing equipment and the established income-generating nursery business are included in the asking price of $5,916,000. The property's agricultural, ranch, and residential subtypes offer flexibility for future development and expansion. Its strategic location in Homestead, Florida, provides easy access to major transportation routes and markets. This turnkey operation presents a rare chance to acquire a well-established business with substantial land holdings, offering immediate income and long-term growth potential. The property's container nursery infrastructure, coupled with the existing farmland and residential components, creates a multifaceted investment opportunity with diverse income streams. This is a truly exceptional offering for discerning investors seeking a profitable and versatile property in a prime location.

• CAP approach

  CAP return

  Valuation

  6%

  $232,009,104

  6.5%

  $214,162,240

  7%

  $198,864,944

• Comparable approach

  Method

  Valuation

  Relative Method

  $179,865,408

  Geo Method

  $179,865,408

• Alternative Use

  Use

  Valuation

  Residential

  $180,653,872

  Hospitality

  $165,477,968

  Educational

  $137,675,728

  Medical

  $142,410,608

  Retail

  $214,162,240

Location Insight

City

Homestead

County

Miami-dade

State

Florida

Latitude

25.5054

Longitude

-80.4925

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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