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Single Family Residence
$2,799,000$1,072 / sqft
19345 SW 240th St, Homestead FL 33031
Listed
4
Bedrooms
5
Bathrooms
2,611 sqft
Interior
1970
Year built
None
HOA
Single Family Residence
Type
About this home
Paradise found! A rare, opportunity to own 10 acres of lush, tropical gardens bordered by an avocado and tropical fruit grove in a quiet, tucked away area of the Redland. The gated property has an income producing avocado and sapodilla grove. There is a “Dream Row” of tropical fruit trees of every kind! The 4 bedroom 5 bath home has travertine floors throughout, which includes a separate in-laws suite. The estate includes a cottage with its own kitchen and bath. The home is surrounded by tree-mounted mature orchids that bloom in various seasons. The 10’X48’ pergola will host vines of fruit and flowers of your choice. Enjoy the large deck and in-ground swimming pool and entertain family and friends in the huge Tiki hut! The estate has plenty of space for hosting special events. Bring your horses to the 8 stall stable/barn with wash rack and two paddocks for them to roam. The barn has an undercover area to store farming equipment, plus an enclosed workshop. Enjoy the separate tack room and equipment rooms. Your chickens will love the two fenced in pens. Be mesmerized by the fully equipped, 400 sq ft EXTRA Country Kitchen complete with stainless steel appliances, bath and shower. Never loose power with the fully enclosed comercial Generac 30 kw generator with a Perkins diesel engine and a 500 gal fuel tank. Start your own collection of orchids in the 24X24 greenhouse, which is fully lighted and has an RO watering system. Escape to this secluded piece of heaven on earth!
Features
- First Floor Entry
- Cooking Island
- Pantry
- Walk-In Closet(s)
- Cottage
- Great Room
- Separate Guest/In-Law Quarters
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 4-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,975–$9,700.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.