Is owned property considered an asset with regards to Medicaid eligibility?

My husband receives medicare and Medicaid due to chronic illness. They put me on a spend down program with Medicaid. We live in Florida. We are on social security only and income is less than $3,000 a month. A piece of vacant land we own is worth $3,000. Does owning this property get us kicked off Medicaid eligibility because we are over the $3,000 assets allowed? Forgot to add property when applying. They want your cash, checking account and asset amounts when applying and keep this separate from income. If your income is in your checking account what do they take into account. I'm so confused. Help.