23905 SW 167th Ave, Homestead FL 33031,Homestead,Miami-Dade County,Residential

  • $1,999,900
23905 SW 167th Ave, Homestead FL 33031
Residential Active
23905 SW 167th Ave, Homestead FL 33031,Homestead,Miami-Dade County,Residential
23905 SW 167th Ave, Homestead FL 33031
  • $1,999,900

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. 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.

  • Address 167th Ave
  • City Homestead
  • State/county Miami-Dade County
  • Zip/Postal Code 33031
  • Area REDLANDS

Details

Updated on June 28, 2024 at 1:35 pm
  • Property ID: A11612004
  • Price: $1,999,900
  • Property Size: 7212 m²
  • Bedrooms: 8
  • Bathrooms: 6
  • Garages: 2
  • Year Built: 1940
  • Property Type: Single Family Residence
  • Property Status: Residential

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David Maison Soto
  • David Maison Soto