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Waterfront · Single Family Residence
$5,500,000$594 / sqft
14949 SW 184th Ave, Miami FL 33196
Listed
6
Bedrooms
7
Bathrooms
9,264 sqft
Interior
2009
Year built
None
HOA
Single Family Residence
Type
About this home
Welcome To Hacienda Palma Real - The Ultimate Miami Equestrian Compound Set on a fully walled and gated this 4.81 Acres estate in The Redlands, just outside West Kendall, this turnkey compound is a vanishing asset class. A generational opportunity for those who value land, scale, privacy, and permanence, this property offers world-class architecture and multiple-residence flexibility. Compound Living: Boasting over 11,000 total sq ft, the estate redefines multigenerational living with a grand 6BD/6.5BA Main Residence and two independent 1BD/1BA guest apartments (a poolside suite and a carriage house above the 3-car garage). Equestrian & Ranch Facilities: A true working horse property featuring professionally designed barns, secure 4 horse stalls, fenced turnouts, and a dedicated hen house. Enjoy the space of the country with rare proximity to Miami’s core. Interiors & Amenities: Mediterranean grandeur meets contemporary luxury with marble and wood floors, vaulted ceilings, smart home technology, a full-house generator, whole-house water filtration, a wine room, and a lounge with a full bar. Resort Grounds: Entertain effortlessly with a custom pool, gazebo, authentic Cuban asador, two summer kitchens, and a butterfly garden set among award-winning tropical landscaping and fruit trees. Your luxury Redlands acreage legacy awaits!
Features
- First Floor Entry
- Second Floor Entry
- Bar
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Custom Mirrors
- Pantry
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–$48,000.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.