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SW 248th - Vacant Land - SW 248th St. & SW 106th Ave.

19.5 Acres of Agricultural Land Offered at $5,850,000 in Homestead, FL 33032

Investment Highlights

  • Vacant land 19.5 acres. near FL turnpike exit 112th Av.Hot development area. presently can build 4 mansions on 4.9 acre estates

Executive Summary

Vacant land in development pathway. Proximate to Florida Turnpike Exit 112th Av. below Cutler Ridge & Saga Bay. Outside UDB. Parcel currently farmed. Water, sewer, electrical to 107th Av. Frontage on 248th ST major highway goes east beyond.property. On 256th ST paving stops at 107th Av. Owners ready to diverst. Realtor can provide ongoing farm lease for buyer if needed to continue agricultural exemption, if necessary, which is very valuable in terms of yearly county taxes. Best street south is 107th av. to view south end of property. 256th ST going west flows into 112th Av. for Florida Turnpike Entrance to property best seen on 248th ST. Long, parcels throughout this area. Below Cutler Ridge, and Saga Bay. Proximate to Bay parks, Homestead speedway,
and other recreational facilities. Now zoning allows 1 home per 5 acres or 4 very large estates (4.9 acres) with Mansions on them.
Future may create various zonings.

Property Facts

Price $5,850,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Agricultural
Total Lot Size 19.50 AC
Cross Streets SW 106th Ave.

1 Lot Available

Lot

Price $5,850,000
Price Per AC $300,000
Lot Size 19.50 AC

Investment parcel ! East of exit Florida Turnpike 112th Ave. 2 blocks east from RU-2 dense residential development with water/sewer. Land access two paved roads at North (248thST.) & South (256thST). Hot development area. Presently outside UDB.

Description

Excellent 20 acre property near Florida Turnpike exit at 112th Av. RU-2 being intensively built 2 blocks away. The property is farmed, with very low taxes. It is well positioned for future residential movement of Urban development line. Two blocks west is RU-2. development to west is duplexes and single family home development. This lies below Cutler Ridge and Saga Bay, and near Biscayne Bay. Near Speed way race track and multiple federal , state, county parks. Easy access from airport, Doral, downtown, Brickell, and Coral Gables. Excellent location. Investment parcel. Realtor can attract a farming concern to preserve the Tax beneficial agricultural exemption. Extremely low taxes.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 30-6029-000-0140
  • 30-6029-000-0130
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$90,140

zoning

Zoning Code 9000 (Agricultural)
9000 (Agricultural)
  • Listing ID: 25700898

  • Date on Market: 5/13/2022

  • Last Updated:

  • Address: SW 248th, Homestead, FL 33032

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