75 Acres of Improved Agricultural Land For Sale, Homestead, FL

About this property

75± acres of improved agricultural land in Miami-Dade's Redland district, at SW 304th St & SW 217th Ave. $10,232,500 for the whole, or in two parcels: 35 acres with development rights intact at $5,232,500 ($149,500/acre), and 40 acres whose development rights were sold to the County at $5,000,000 ($125,000/acre). Approximately $15,000/acre invested in shadehouse and irrigation; the entire site is irrigated. Production potential of roughly 350,000 10-inch pots, with approx. $2.1M gross income and $525K wholesale gross profit per year. Direct access from SW 304th St and SW 217th Ave, minutes from US-1 and Krome Ave. Suited for nursery, tropical fruit, or specialty crop operations. Buyer to verify zoning, development rights, and permitted uses with Miami-Dade County.