This spectacular estate sits on 2 acres of land in the Redlands and is perfect for a large family or someone looking for a tremendous income producing opportunity. Main home is a 3,279 sf remodeled 3BR+Den/3BA pool home with 2 car garage, 2 AC units, impact windows, brand new master bath and more. Cottage 1 is a renovated 3BR/1BA which has consistently generated $30k in AirBnB income each year since 2022. Cottage 2 is a renovated 2BR/2BA which was just finished and is now ready for bookings. 40x20 pole barn has been converted into a 3rd cottage for more income generating potential. Separate Workshop is powered and features a brand new mini split AC. Agriculture Exemption with over 100 fruit trees that generate $20-30k per year. No flood zone. Pro forma $185k+ yearly with a 8.5% CAP rate.
MLS# | A11612004 |
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Listing Type | For Sale |
Style | House |
Sub-Type | Resale |
Status | Active |
Year | 1940 |
Days On Site | 137 |
Listing Provided By | LoKation | David Carmona |
Bed(s) | 8 |
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Bath(s) | 6 Total |
SQ Feet | 7,212 |
Garage | 2 |
Pool | Yes |
Story(s) | 1 |
Zoning | 9000 |
Acreage | 87120.00 |
Property View | Pool |
State | FL |
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County | Miami Dade |
City | Homestead |
Zip Code | 33031 |
Area | 69 |
Community Name | Redlands |
Listing VS Median (in Redlands) | |
Price: $1,849,900 low | high Med: $1,540,000 SqFt: 7,212 low | high Med: 2,454 $ / SqFt: $257 low | high Med: $645 On Site: 137 low | high Med: 173.000000 |