4.48-Acre Redland Covered Land Play | 5% Cap
21750 SW 226 Terrace
Miami, FL 33170
Highlights
- ±4.484 acres in the Redland agricultural corridor
- 5.0% cap rate on $53,817 NOI
- Agricultural exemption — 2025 taxes $183
- Dual on-site water wells + full electrical service
- Multiple storage containers (53-ft dry, 53-ft A/C'd, 20-ft dry)
- Shade house with drip irrigation; two cultivation field areas
Description
Opportunity to acquire ±4.48 acres of income-producing agricultural land in Miami-Dade County's Redland agricultural corridor — one of South Florida's most established and land-constrained farming districts. Fully leased through June 2029 at $4,500/month with ˜$53,817 NOI and a 5.0% cap rate. Improvements include dual wells, electrical service, irrigation/shade house, cultivation areas, storage containers, a climate-controlled office, fencing, and two gated entrances.
The property is fully leased through June 30, 2029, at $4,500 per month, delivering an existing income stream while an investor controls nearly 4.5 acres in a submarket where developable and farmable acreage is increasingly scarce.
The site is fully operational and improved with existing agricultural infrastructure, including dual on-site water wells, full electrical service, a shade house with drip irrigation, two cultivation field areas, multiple storage containers (including a 53-ft dry container and a 53-ft air-conditioned container), a 20-ft dry storage container, a 40-ft climate-controlled built-out office, a fully fenced perimeter, and two gated entrances.
Covered land play in South Miami-Dade's Redland agricultural corridor, near established nursery, greenhouse, and row-crop operations. 4.484-acre (±195,323 SF) rectangular agricultural parcel in Miami-Dade's Redland corridor, zoned 8900 – Open/Rural (AG-GU), located outside the Urban Development Boundary. Corner/inside lot configuration.
