8.86
Acre
Status
OFF MARKETExpired
Size
8.86 Acres (35,814 m2)
Price
$90,293/Acre ($22/m2)
Type
Land
MLS Number
A11289016
On Site
1429 Days
Updated
1329 Days ago
Page Views
0
RARE opportunity to own land and a business all in one! Just under 10 acres (see survey in pics) on the corner of SW 328th St & SW 122nd Ave. Property is income producing with around 3000 CERTIFIED Jamaican Green Malayan Coconut trees. No DERM issues. Here's the math: Each tree produces around 150 coconuts per year. Each nut can be wholesaled at $1 each. So $150 per tree x 3000 trees = $450,000 of income generated EVERY YEAR!! So the actual 10 acres is only costing $350,000 which is ONLY $35K per acre. GREAT price per acre in Homestead. Soil is Marl = Marl is one of the oldest soil amendments used in agriculture. In addition to increasing available calcium, marl is valuable for improving soil structure and decreasing soil acidity[19] and thereby making other nutrients more available.

Features

All features
  • Current Use: Agricultural
  • Property SqFt: 385506
  • Remarks: RARE opportunity to own land and a business all in one! Just under 10 acres (see survey in pics) on the corner of SW 328th St & SW 122nd Ave. Property is income producing with around 3000 CERTIFIED Jamaican Green Malayan Coconut trees. No DERM issues. Here's the math: Each tree produces around 150 coconuts per year. Each nut can be wholesaled at $1 each. So $150 per tree x 3000 trees = $450, 000 of income generated EVERY YEAR!! So the actual 10 acres is only costing $350, 000 which is ONLY $35K per acre. GREAT price per acre in Homestead. Soil is Marl = Marl is one of the oldest soil amendments used in agriculture. In addition to increasing available calcium, marl is valuable for improving soil structure and decreasing soil acidity[19] and thereby making other nutrients more available.
  • Internet Remarks: RARE opportunity to own land and a business all in one! Just under 10 acres (see survey in pics) on the corner of SW 328th St & SW 122nd Ave. Property is income producing with around 3000 CERTIFIED Jamaican Green Malayan Coconut trees. No DERM issues. Here's the math: Each tree produces around 150 coconuts per year. Each nut can be wholesaled at $1 each. So $150 per tree x 3000 trees = $450, 000 of income generated EVERY YEAR!! So the actual 10 acres is only costing $350, 000 which is ONLY $35K per acre. GREAT price per acre in Homestead. Soil is Marl = Marl is one of the oldest soil amendments used in agriculture. In addition to increasing available calcium, marl is valuable for improving soil structure and decreasing soil acidity[19] and thereby making other nutrients more available.
  • Waterfront: No info
  • Days on Market: 13
  • Compass Point: SW
  • Office Name: Keller Williams Capital Realty
  • Area: 435600
  • Taxes: 408
  • Tax Year: 2021
  • Listing Date: 2022-10-17T14:34:53.370-00:00
  • Lot Size Square Feet: 385506

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Price History

Date
Event
Price
Change
Price Per
10/14/2022
Listed
$800K
 
$2 ft2
$22 m2
10/14/2022
$800K
Event
Listed
Price Per
$2 ft2
$22 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Ricky KallabatKeller Williams Capital Realty • Buyer Agency Compensation .

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