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Amazing Redland 5 acre compound with three legal grandfathered homes. The main house is a 2/2 with an office with 1,358 sq ft, one cottage is a 1/1 with an office with 576 sq ft and the other cottage is a 2/1 with 672 sq ft. All were built in the 1950's and are legally permitted per county records. The three units have three separate electric meters, each has its own entrance and each has its own address. The 2/2 home features extensive use of Dade County pine and brick. The one bedroom cottage is constructed from native coral rock. The two bedroom cottage is mainly constructed from Dade County Pine. The main 2/2 home and the 1/1 cottage have new roofs installed in 2025 and the 2/1 had a new roof installed in 2016. The five acre site includes a beautiful 1.6 acre natural forest preserve. The property sits on a very private corner lot location, completely fenced and has two electric entry gates. The property includes a 6000 sq ft shade house, custom chicken coops, extensive irrigation system, over 250 fruit trees including, mamey, mango and avocado. Property features a 15 X 30 Chickee hut with bar and half bath which is great for entertaining. The property is surrounded by Clusia trees along the fence line to the west and north, an avocado grove to the east and the natural forest community to the south offering complete privacy. The property has a total of four septic tanks, five commercial wells with sprinkler pumps and two residential wells with two water softner systems.
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 5-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $5,000–$20,000.That is what landlords ask, not what units let for — edit it if you know better.
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.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
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