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Single Family Residence
$5,500,000$1,983 / sqft
19381 SW 196th St, Miami FL 33187
Listed
4
Bedrooms
3
Bathrooms
2,774 sqft
Interior
2007
Year built
None
HOA
Single Family Residence
Type
About this home
A PRIVATE PARADISE IN THE HEART OF REDLAND Discover a truly exceptional 5-acre estate in the highly desirable Redland area, where the tranquility of nature meets incredible business and lifestyle potential. This unique property features a spacious 4-bedroom, 3-bathroom main residence with comfortable living and dining areas, a well-appointed kitchen, and the perfect setting for enjoying the privacy and beauty of South Florida. Step outside and experience an extraordinary entertainment area designed for unforgettable gatherings. The beautifully landscaped grounds feature a resort-style swimming pool, elegant gazebo, and expansive outdoor spaces capable of hosting celebrations for up to 120 guests, making this property ideal for private parties, birthdays, weddings, corporate events, and special occasions. Nature lovers and entrepreneurs will appreciate the property’s exotic plant nursery, featuring beautiful orchids, cacti, and a variety of unique tropical plants. The estate also includes a private animal farm, horse stable, and guest house, creating endless possibilities for a family compound, agricultural lifestyle, hospitality business, or income-producing venture. Whether you’re looking for a spectacular private residence, an Airbnb opportunity, an event venue, wedding destination, agricultural business, or an investment with multiple income possibilities. A rare opportunity to own your own private paradise in the city and business potential on five extraordinary acres.
Features
- First Floor Entry
- Closet Cabinetry
- Cooking Island
- Walk-In Closet(s)
- Family Room
- Florida Room
- Barbeque
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 $3,900–$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.