Price Reduced 6.85%


Price History

$3,400,000
7/20/2022

$3,650,000
5/26/2023

$3,400,000
5/13/2024


23601 SW 187th Ave, Homestead, FL, 33031

23601 SW 187th Ave, Homestead, FL, 33031

Sofia's Garden Farm, a 5 acre venue located in the Redland area, in Miami's agricultural community is offered for sale. The beautiful landscaped comes with an abundance of mangos, avocados, lychees, passion fruit, nursery and more allows this compound to be eligible for an agricultural exemption (offers additional tax benefits).The 5 acres consist of a venue stage set up, including one of the largest tiki huts in the area,a coral rock cascade leading into a circular pond, above the pond sits a romantic bridge, perfect for weddings and more. In addition to its value, there is the potential to redeveloped the land into single family homes. Currently Tenant Occupied with a 6.5 CAP rate with 4% yearly increases


Status:

Active

Type:

Lot / Acreage

Zoning:

9000

Acreage:

10

Est. Taxes:

$3,640

Current Use

Farm,Nursery

Utilities

Cable Available,Electricity Available,Phone Available,Trash Collection

Lot Description:

5-10 Acres

Days on Market:

663

MLS #:

A11244527


Community Info

School Info

Walk Score

Yelp



Listing courtesy of VarCamp Realty, LLC. Phone: 305-610-3340