Commercial property in Homestead, Florida № 36653

Property description

Sofia's Garden Farm, a 10 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 10 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