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23601 Sw 187th Ave, Homestead, FL – $3,400,000

  • $3.4M Price
  • 5 Acres
  • 746 DOM
  • $3.4M Price
  • 5 Acres
  • 746 DOM

23601 Sw 187th Ave

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

Essential Information

  • MLS® #A11244527
  • Price$3,400,000
  • Bathrooms0.00
  • Acres5.00
  • TypeLand / Boat Docks
  • StatusActive

Community Information

  • Address23601 Sw 187th Ave
  • Area68
  • CityHomestead
  • CountyMiami-Dade County
  • StateFL
  • Zip Code33031-3404

Amenities

Utilities

Cable Available, Electricity Available, Phone Available, Trash Collection

Exterior

  • Lot Description333x671

Additional Information

  • Listing Courtesy ofVarCamp Realty, LLC.
  • Date ListedJuly 20th, 2022
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Price Change History for 23601 Sw 187th Ave, Homestead, FL (MLS® #A11244527)

Date Details Change
Price Reduced from $3,650,000 to $3,400,000 $250,000 (6.85%)
Price Increased from $3,400,000 to $3,650,000 $250,000 (7.35%)