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Single Family Residence
$3,150,000$910 / sqft
20740 SW 248th St, Homestead FL 33031
Listed
6
Bedrooms
4
Bathrooms
3,460 sqft
Interior
1938
Year built
None
HOA
Single Family Residence
Type
About this home
THE VINTAGE REDLAND ESTATE! A rare piece of South Florida history on approx. 5 private acres in the heart of the Redland, locally known as “Capone’s Hideaway.” With improvements and additions, this extraordinary estate features over 4,000 SF of living space, plus a 3,500 SF barn and pool area. The 6BR/4BA Neo-Classical residence showcases marble, wood and tile floors, fireplaces, crown molding, chandeliers and elegant architectural details. Gourmet kitchen with granite counters, large island, gas range, glass-front cabinetry, 2 pantries, wine cooler and eat-at counter. Primary suite with fireplace, walk-in closets, built-ins, spacious bath and pool access. Resort-style amenities include oversized pool, koi pond, gazebo, outdoor kitchen, pizza oven, full bar, 2 BBQs, smoker, outdoor shower and basketball court. Equestrian/agricultural features include 2 stalls, 4 turnouts, kennels, chicken coop, goat shed, pump house and separate studio/entertainment building with loft, wet bar and full bath. 12-car garage with 6 automatic doors, workshop/storage, 36-camera security system and approx. 50 commercial floodlights. Approx. 350–400 avocado trees plus 12+ fruit varieties, historically generating approx. $12K annually. Approved plans for an additional 2BR/1BA residence, family room and outdoor gym convey, subject to approvals. A unique Redland compound offering privacy, recreation, agriculture, entertaining and expansion potential. PLEASE NOTE: Square footage reflected in Miami-Dade County tax records may be inaccurate, as the approx. 4,500 SF residence and approx. 3,500 SF barn/pool area are connected and intended to be presented together as part of the estate.
Features
- First Floor Entry
- French Doors
- Pantry
- 3 Bedroom Split
- Volume Ceilings
- Walk-In Closet(s)
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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–$49,900.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.