Redland 23905 SW 167th Ave Homestead, FL 33031

FOR SALE - Active
$1,949,900
$1,999,900 (2.5%)
8
Beds
6
Baths
7,212
Sq.Ft.

Overview

  • Status: Active
  • Bed(s) 8
  • Bath(s) 6
  • Half Bath(s) 0
  • Parking 2
  • Size: 7,212 ft2/670.02 m2
  • Price Per: $270.37 ft2/$2,910.23 m2
  • Type: Single Family Home
  • Built: 1940
  • HOA: No info
  • MLS Number: A11612004
  • View Pool
  • On Site: 83 days
  • Updated: Listing Refreshed: 10 Days Ago

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.

Price History

DateEventPriceChange RatePrice Per
09/04/2024Price Reduced$1,949,900.002.5%$270.37 ft2/$2,910.23 m2
06/24/2024Listed$1,999,900.00$277.30 ft2/$2,984.85 m2

Contact Information

Tracey Schmitt
Real Estate Advisor
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
Contact Advisor
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