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15490 SW 240th St

9.85 Acres of Agricultural Land Offered at $1,650,000 in Homestead, FL 33032

Investment Highlights

  • Immediate Income: 5 Active Nurseries & Single Family Home On-Site, each paying Rent
  • Long Term Tenants. All are Month to Month
  • The property is home to a wide variety of trees; including Mango, Avocado, and Lime
  • 10 Acres in Homestead
  • The property is Fully Fenced and includes Irrigation Infrastructure.

Executive Summary

Prime 10-acre site for sale in Homestead—an excellent investment with Immediate Income! This agricultural land hosts 5 active nurseries and a 2 story single family home, each paying rent, providing immediate income. Tenants are long-term, month-to-month.

Financial Summary (Actual - 2023)

Annual Annual Per AC
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $61,440 $6,237.56

Financial Summary (Actual - 2023)

Gross Rental Income
Annual -
Annual Per AC -
Other Income
Annual -
Annual Per AC -
Vacancy Loss
Annual -
Annual Per AC -
Effective Gross Income
Annual -
Annual Per AC -
Net Operating Income
Annual $61,440
Annual Per AC $6,237.56

Property Facts

Price $1,650,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Agricultural
Total Lot Size 9.85 AC

1 Lot Available

Lot

Price $1,650,000
Price Per AC $167,513
Lot Size 9.85 AC

The property is fully fenced and includes irrigation infrastructure, with rich soil ideal for continued agricultural use. Conveniently located with easy access to major roads, this land offers both income potential & future development possibilities.

Description

Prime 10-acre site for sale in Homestead—an excellent investment with Immediate Income! This agricultural land hosts 5 active nurseries and a 2 story single family home, each paying rent, providing immediate income. The property is home to a wide variety of trees; including Mango, Avocado, and Lime! The property is fully fenced and includes irrigation infrastructure, with rich soil ideal for continued agricultural use. Conveniently located with easy access to major roads, this land offers both income potential & future development possibilities. Perfect for investors looking for a steady revenue stream in a growing area! Please verify use with Miami Dade.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
30-6921-000-0280
Land Assessment
$0 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$147,256 (2024)

zoning

Zoning Code 9000 (9000 AGRICULTURE)
9000 (9000 AGRICULTURE)
  • Listing ID: 33690991

  • Date on Market: 10/30/2024

  • Last Updated:

  • Address: 15490 SW 240th St, Homestead, FL 33032

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