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Single Family Residence
$6,999,000$588 / sqft
17201 SW 248th St, Homestead FL 33031
Listed
6
Bedrooms
7
Bathrooms
11,907 sqft
Interior
2009
Year built
None
HOA
Single Family Residence
Type
About this home
Extraordinary 10-acre estate sitting on The Redlands Country Club in Miami’s Redland community offering approximately 16,000 SF of luxury, privacy, and resort-style living. Designed and built to stand for generations, this gated compound is surrounded by lush tropical landscaping with distant views of the Redland Country Club golf course. The grounds are truly spectacular, featuring a swimmable crystal-clear lagoon with dramatic 8-10 ft waterfalls, a white sand beach, and a producing 5-acre coconut grove that may qualify for agricultural exemption benefits. Inside, exceptional craftsmanship and globally sourced materials define the residence, including walnut plank flooring, San Pedro mahogany, Jerusalem travertine, Bolivian stone, custom murals, marble, quartz, and designer finishes throughout. A Crestron and LiteTouch smart home system controls lighting, climate, security, cameras, music, landscape lighting, and gates. Designed for entertaining on every scale, the estate includes a chef’s kitchen with butler’s pantry, summer kitchen, wine tasting room, Moroccan lounge, meditation room, gym, guest quarters, trophy room, rod-and-reel safe room, workshop, expansive terraces, balconies, verandas, and a 5-car garage. Advanced UV, charcoal, and reverse osmosis water filtration system included. A rare legacy property unlike anything else in South Florida.
Features
- First Floor Entry
- Bar
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Walk-In Closet(s)
- Den/Library/Office
- Family Room
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 6-bed rentals across Miami-Dade, from 55 active listings; the middle half ask $16,000–$49,900.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.