

Listed by Premier Elite Realty Miami
$1,950,000
19675 SW 165 Avenue
Details
APN 30-69-05-000-0141
Property Type Land
Sub Type Commercial
Square Footage 227,000
Cap Rate 25.00%
Acreage 5.000
Zoning 9000
Ground Lease No
Sale Condition 1031 exchange
Mixed Use
Marketing description
5 Acres Income producing Lychee and other fruit trees. Located at the corner of SW 197 Street and SW 165 Avenue. This property is very close to the Urban Development Boundary. Great Invest Hold for the Investor that is ok with holding for the right time. Property has irrigation system, with 2 pumps , one operated by electric the other a diesel pump.Could be operated as a Event Venue .The property is situated along the canal, with approximately 330 ft of footage.Buildable lot for 1 home and mother in law quarters, or hold for the possible expansion of the UDB and rezone property for multiple lotsThis is 5 acres of income producing tropical fruit trees. The types are: Lychee, 3 varieties (approx 150) Logan (~80) Jackfruit (~60) Sapote (~30) Coconut (~30) Sugar apple (5) Mamey (1) Avocado (1) Soursop (8) Rose apple (5) Star apple/caimito (5) Mango (7) June plum (3) Cherimoya (1) Thai Banana Dragon fruit. Egg fruit (2) Flower tree Half of the trees are at least 10 years old, remaining 5+ years. The approximate yield per year is 30,000 to 60,000 lbs. Two structures can be built on this property: a house up to 10,000 sq ft and a guest house. There is a canal in the back and the property is lined with a chain link fence. There is 1 large and 1 small access gate along 165th avenue. There are 2 irrigation systems: There are 6 wells. The land has power via FPL. There is 1 storage shed and 1 shaded structure. Access to the Florida Turnpike is being built 1/2 a mile away.
Investment highlights
Possible rezoned for buildable 1 acre lots and more, very close to UDB,
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Listed by Premier Elite Realty Miami
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