40841 SW 137 AvenueHomestead, FL 33035Price: $1,200,000

  • Price: $1,200,000
  • 68 Days on Market
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Federal 30-year interest rate: 6.24% last updated on Nov 13, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,200,000List Price
Speculative land bank play in a high-growth corridor! This 41-acre parcel (two folios: 30-89-14-000-0094 / 30-89-23-000-0021) sits on 137th Ave, which bisects Homestead Motor Speedway. Currently environmentally protected with recreational designation with no commercial access (locked gate), utilities, or designated use. A Class 4 Wetlands Permit is required for any development. Zoning verification needed for agricultural use; permits required for well/septic. With the Urban Development Boundary (UDB) under review for expansion, future inclusion could unlock huge upside. Rare chance to secure land now as demand for buildable property and affordable housing in South Florida becomes a major priority.

Property Details of 40841 SW 137 Avenue

Property Details

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Est. Mortgage:
$/month over payments
Federal 30-year interest rate: 6.24% last updated on Nov 13, 2025. * The above figures are estimates provided by Union Street Media using the FRED® API, and are not endorsed or certified by the Federal Reserve Bank of St. Louis. Check with your lender for actual interest rates.
Listed by Jason Kapit of Keller Williams Realty Profess

All listings featuring the RPBGFL MLS logo are provided by the Realtors of the Palm Beaches and Greater Fort Lauderdale, Inc. and BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Realtors of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc

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