$1,849,900
For Sale

23905 SW 167th Ave

Homestead, FL 33031
7212 sqft | 8 beds | 6 baths | #A11612004
Browse 92 photos
Type:Purchase
Structure:House
Zone:Residential

Description

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.

  • Property Details
      • InteriorFirst Floor Entry, Entrance Foyer, French Doors, Split Bedroom, Walk-In Closet(s), Cottage, Den/Library/Office, Separate Guest/I
      • Lot Description2 To Less Than 3 Acre Lot
      • Parking TypeDriveway, Rv/Boat Parking
      • Property SubtypeSingle Family Residence
      • Exterior MaterialsLighting, Fruit Trees
      • CountyMiami-Dade County
      • Sewer InformationSeptic Tank
      • MLS #A11612004
      • MLS #A11612004
      • Property TypePurchase
      • SubdivisionRedlands
      • Cost1849900
      • Structure TypeHouse
      • ViewPool
      • Square Feet7212
      • Year Built1940
      • Utility SourceWell
      • Bedrooms8
      • Bathrooms6
      • Full Baths6
      • Parking Spaces2
      • Pets1

Location

Nirmala EmaniReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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