Property
Ownership: | For Sale |
---|---|
Type: | Land |
Pets: | Pets Allowed |
FinancialsPrice: $3,650,000 Annual Taxes: $3,640
Price: | $3,650,000 |
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Annual Taxes: | $3,640 |
888 Biscayne Blvd # Unit CU9 Miami, FL 33132 Phone: +1305-907-7555 Fax: +1305-675-0745 | |
Courtesy of VarCamp Realty, LLC. |
DescriptionSofia'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.Currently 5 acres are used to cultivate passion fruit.Allows this compound to be eligible for an agricultural
exemption (offers additional tax benefits).The other 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 5.5 CAP rate with 4% yearly increases
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.Currently 5 acres are used to cultivate passion fruit.Allows this compound to be eligible for an agricultural exemption (offers additional tax benefits).The other 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 5.5 CAP rate with 4% yearly increases
Sofia's Garden Farm, a 10 acre venue located in the Redland area, in Miami's agricultural community is offered for sale.
DescriptionSofia'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.Currently 5 acres are used to cultivate passion fruit.Allows this compound to be eligible for an agricultural
exemption (offers additional tax benefits).The other 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 5.5 CAP rate with 4% yearly increases
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.Currently 5 acres are used to cultivate passion fruit.Allows this compound to be eligible for an agricultural exemption (offers additional tax benefits).The other 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 5.5 CAP rate with 4% yearly increases
All information furnished regarding property for sale, rental or financing is from sources deemed reliable,
but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors,
omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without
notice. International currency conversions where shown are estimates based on recent exchange rates and are
not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.