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19955 SW 186th St, Miami FL 33187
About this home
Prime Redlands agricultural compound with in-place income and agricultural exemption situated on 2.38 acres. Total living area is 4,979 SF across three separate structures, fully enclosed by a $200,000 perimeter fence with concrete footings (installed 2020) for maximum privacy and security. The main residence(2,911 sf) is a completely remodeled 3-bedroom, 3.5-bath home featuring 2024 renovations including a new kitchen with custom cabinetry and island, updated bathrooms, new flooring, new millwork and doors, and upgraded plumbing and fixtures. The detached guest house(1,270 sf) offers 3 bedrooms and 2 bathrooms with a new 2024 metal roof. The fully remodeled detached apartment(550 sf) features 1 bedroom and 1 bathroom, also with a new 2024 metal roof. The main house and guest house are separated by hedges and have independent entrances, creating a true compound layout ideal for multigenerational living or rental flexibility. Agricultural income averages approximately $29,000 annually from 165 mature Mamey and avocado trees. Additional income potential includes approximately $3,000 per month from the guest house and $1,500 per month from the apartment. Property features include irrigation system throughout, water filtration system, well and septic, and roof encapsulated in concrete for added durability. Agricultural exemption means low property taxes. Rare opportunity to acquire a turnkey, income-producing agricultural estate in the heart of the Redlands.
Features
- First Floor Entry
- Garage Apartment
- Separate Guest/In-Law Quarters
- Studio Apartment
- Fruit Trees
- Other
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $15,170
- HOA
- None
Illustration only — not a loan offer, quote, or commitment. 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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Run the numbers
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Illustration only — not a loan offer, quote, or investment advice. 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.