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NWC SW 280 ST & Krome ave - K Land AG/ESTATES

15.4 Acres of Agricultural Land Offered at $2,000,000 in Homestead, FL 33031

Investment Highlights

  • LOCATION, LOCATION, LOCATION!
  • UPSIDE POTENTIAL LEASE AT MARKET RATES OR RE-DEVELOP
  • ZONED AU (AGRICULTURAL) & EU-1 (AG & ESTATES 1 ACRE) SALES SHOW FROM $125,000 TO $250,000 PER ACRE.
  • 2 PARCELS FOR PURCHASE- 8.83 ACRES & 6.56 ACRES TOTAL 15.4+/- $2,000,000 FIRM
  • LEASE FOR .27 CENTS PER ACRE ($15,904 MO. OR $181,122.48 YEARLY INCOME POTENTIAL), CALL PAMELA FOR PURCHASE PRICING
  • NWC OF KROME AVE & SW 280 ST HOMESTEAD

Executive Summary

PROPERTY CONSISTS OF 2 PARCELS OF 8.83 ACRES & 6.56 ACRES.
SALE $2,000,000 FIRM.
PROPERTIES ARE ALSO FOR LEASE BOTH PARCELS AT .27 CENTS PER SF OR $15,904 PER MONTH RENT OR $181,122.48 YEARLY INCOME.
LAND CURRENTLY USED FOR CROPS- ZONED AU (AGRICULTURE) & EU-1 (AGRICULTURE & ESTATES 1 ACRE HOMESITE).
POSSIBLE FOR RE-DEVELOPMENT. FOR HOUSING DEVELOPERS, ONE CAN GET APRX. 5-6 HOMES ON NORTH LOT AND POSSIBLE 1-2 ON SOUTHERN LOT. LOCATED NWC OF KROME AVE & SW 280 ST HOMESTEAD, FL.
MUST BUY BOTH PARCELS.

Financial Summary (Pro forma - 2024)

Annual Annual Per AC
Gross Rental Income $181,122 $11,761.17
Other Income - -
Vacancy Loss - -
Effective Gross Income $181,122 $11,761.17
Net Operating Income - -

Financial Summary (Pro forma - 2024)

Gross Rental Income
Annual $181,122
Annual Per AC $11,761.17
Other Income
Annual -
Annual Per AC -
Vacancy Loss
Annual -
Annual Per AC -
Effective Gross Income
Annual $181,122
Annual Per AC $11,761.17
Net Operating Income
Annual -
Annual Per AC -

Property Facts

Price $2,000,000
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Lease Option
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Agricultural
Total Lot Size 15.40 AC
Cross Streets Krome Ave

1 Lot Available

Lot 1 & 2

Price $2,000,000
Price Per AC $129,870
Lot Size 15.40 AC

TWO LOTS FOR SALE. MAKE OFFER. LOT I IS 8.83 ACRES & LOT II IS 6.56 ACRES TOTALLING 15.4+/- ACRES AVAILABLE. CURRENTLY BOTH LOTS ARE USED FOR FARMING AND CROPS. PRICE IS FIRM AT $2,000,000

Description

LOCATION, LOCATION, LOCATION! SALE FARMING/CROPS OR POSSIBLE RE-DEVELOPMENT 2 PARCELS TOTALLING 15.4+/- ACRES ON NWC OF KROME AVE & SW 280 ST HOMESTEAD, FL. EASY TO GET TO. GREAT UPSIDE POTENTIAL. PROPERTY CONSISTS OF 2 PARCELS OF 8.83 ACRES & 6.56 ACRES. PRICE $,000,000 FIRM. PROPERTIES ARE ALSO FOR LEASE BOTH PARCELS AT .27 CENTS PER SF OR $15,094 PER MONTH OR $181,122.48 YEARLY INCOME. LAND CURRENTLY USED FOR CROPS- ZONED AU (AGRICULTURE) & EU-1 (AGRICULTURE & ESTATES 1 ACRE HOMESITE). POSSIBLE FOR RE-DEVELOPMENT. LOCATED NWC OF KROME AVE & SW 280 ST HOMESTEAD, FL. PROPERTY HAS A TENANT AT WAY BELOW MARKET RENTAL RATES FOR LAST 15 YEARS. TENANTS LEASE EXPIRES MAY 1, 2025. CALL PAMELA A WETMORE WITH QUESTIONS OR REQUEST AN INFORMATIONAL PACKAGE.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 30-6836-000-0551
  • 30-6836-000-0550
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$36,947

zoning

Zoning Code ESTATES/AGRICULTURE (PARCEL 1 N EU-1 IS APRX. 8.834 ACRES ZONED EU-1 ESTATES (1-ACRE) USE- AG/FARM/ESTATES PARCEL 2 S IS APRX 6.56 ACRES ZONED AU-AGRICULTURE USE- AG/FARM)
ESTATES/AGRICULTURE (PARCEL 1 N EU-1 IS APRX. 8.834 ACRES ZONED EU-1 ESTATES (1-ACRE) USE- AG/FARM/ESTATES PARCEL 2 S IS APRX 6.56 ACRES ZONED AU-AGRICULTURE USE- AG/FARM)
  • Listing ID: 28498910

  • Date on Market: 5/16/2023

  • Last Updated:

  • Address: NWC SW 280 ST & Krome ave, Homestead, FL 33031

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