24755 SW 122nd Avenue, Homestead, FL 33032 — MLS photo

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24755 SW 122nd Avenue, Homestead, FL 33032

Active · SingleFamilyResidence

$1,789,000

24755 SW 122nd Avenue, Homestead, FL 33032

Beds
3
Baths
2
Living area
2,032 sq ft
$ / sq ft
$880/sq ft
Year built
1988
Lot size
85,421 sq ft
HOA fee
—
Annual tax
—

About this property

Nearly 2 acres (±1.96 AC) in the Homestead/Princeton corridor in South Dade, inside the county's Urban Development Boundary. The property includes an existing 3BR/2BA home of approximately 2,032 SF (2,412 SF adjusted per county records), providing improvement value and potential holding income, while the main appeal is the expansive land and long-term flexibility. Zoned AU (Agricultural) per Miami-Dade County; buyer to verify with county. Ideal for investors seeking future upside, owner-users needing land with a residential base, agricultural or nursery use where permitted, or potential assemblage subject to zoning and due diligence. Convenient access to Florida's Turnpike and US-1.

Property location

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24755 SW 122nd Avenue, Homestead, FL 33032

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Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
2,032 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1988
Lot size
85,421 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
F10550118
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$4,638

Cap rate
2.6%
Net yield
2.6%
Cash-on-cash return
-11.1%
Gross yield
5.8%
Mortgage payment
$8,481/mo
Down payment
$447,250
Loan amount
$1,341,750
Annual NOI
$46,118

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.