23905 SW 167th Ave, Homestead, FL 33031

$1,999,900 Asking Price

8 beds
6 baths
7,212  sqft
Built in 1940

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.

Features & Amenities

Interior

General:
First Floor Entry, Entrance Foyer, French Doors, Split Bedroom, Walk-In Closet(s), Cottage, Den/Library/Office, Separate Guest/In-Law Quarters, Maid/In-Law Quarters, Utility/Laundry In Garage, Workshop
Appliances:
Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer, Water Softener Owned
Laundry:
In Garage
Flooring:
Tile
A/C:
true, Ceiling Fan(s), Central Air
Heating:
true, Central
Eco/Green Feature:
Insulation, Thermostat, Windows

Exterior

General:
Lighting, Fruit Trees, Extra Building/Shed, Guest House
Style:
Detached, One Story
Pool:
Above Ground, Equipment Stays
Parking:
Driveway, Rv/Boat Parking

Construction

Roofing:
Shingle
Windows:
Complete Accordian Shutters, Complete Impact Glass, Hurricane Shutters, Blinds, High Impact Windows
General:
CBS Construction

Location

Originating MLS:
Miami Association of REALTORS®
County:
Miami-Dade County

Lot

Zoning:
9000, 20 56 39 2. AC BEG AT SW COR OF NW1/4 RUN N 272.04FT TO POB E382.2FT N228FT W382.2FT S228FT TO POB LOT SIZE IRREGULAR OR 20984-2112 012003 1, 30-69-20-000-0211
View:
Pool
Fencing:
Fenced

Utilities

Water:
Well
Sewer:
Septic Tank

Financial

Source:
Miami Association of REALTORS®

This listing courtesy of:
LoKation, David Carmona

About Homestead, FL

Housing

Number of Units
64,520
Median Home Value
$264,327
Median Rent
$1,115

48.01% of housing units are renter occupied.

4.93% are vacant.

Commute

Car
76.69%
Public Transportation
2.75%
Walk to Work
0.67%
Work from Home
18.40%
Other
1.00%

The median travel time to work is 34 minutes.

People

Population
205,420
Median Age
32.70
Median Household Size
3.60

Education

High School
25.83%
Associate’s Degree
10.48%
Bachelor’s Degree
15.82%
Graduate Degree
6.44%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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