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Single Family Residence
$650,000
21320 SW 246th St, Unincorporated Dade County FL 33031
Listed
5
Bedrooms
3
Bathrooms
— sqft
Interior
2022
Year built
None
HOA
Single Family Residence
Type
About this home
MAJOR PRICE ADJUSTMENT—NOW OFFERED AT $650,000! Rare opportunity to complete and personalize an impressive private estate on 1.25 acres in Homestead / Unincorporated Miami-Dade. Architectural plans are included, with substantial concrete and structural construction already in place, offering the next owner a significant head start toward completing this exceptional residence. The architectural plans feature approximately 6,052 SF of A/C living space, including a dramatic great room, primary suite, theater room, formal dining, spacious kitchen and pantry, multiple bedrooms and baths, plus exceptional indoor-outdoor living areas. The estate vision also includes a pool and deck, outdoor kitchen, garage/laundry structure and expansive grounds. Not looking to continue the existing design? The property still offers the benefit of a 1.25-acre homesite with substantial improvements already on site, giving a buyer the opportunity to explore alternative plans or a different vision, subject to Miami-Dade approval and independent verification. An incredible opportunity to complete and personalize the existing estate or explore a new vision and make this property your own luxury home. With a NEW PRICE of $650,000, the possibilities are exceptional. Bring your vision, your buyers, and your offers!
Features
- First Floor Entry
- Other
- None
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$3,287
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 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.
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.