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. 40×20 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
Price:
$1,999,900
MLS #:
A11612004
Status:
Active
Beds:
8
Baths:
6
Address:
23905 SW 167th Ave
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Redlands
City:
Homestead
Listed Date:
Jun 24, 2024
State:
FL
Finished Sq Ft:
7,212
ZIP:
33031
Year Built:
1940
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Schools
Interior
Appliances
Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer, Water Softener Owned
Bathrooms
6 Full Bathrooms
Cooling
Ceiling Fan(s), Central Air
Flooring
Tile
Heating
Central
Laundry Features
In Garage
Exterior
Architectural Style
Detached, One Story
Community Features
Horses Permitted, Paved Road, Public Road
Construction Materials
C B S Construction
Exterior Features
Lighting, Fruit Trees
Other Structures
Extra Building/ Shed, Guest House
Parking Features
Driveway, Rv/ Boat Parking
Roof
Shingle
Financial
Buyer Agent Compensation
3%%
Tax Year
2023
Taxes
$5,164
Map
Community
- Address23905 SW 167th Ave Homestead FL
- CityHomestead
- CountyMiami-Dade County
- Zip Code33031
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23905 SW 167th Ave
Homestead, FL
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