All listings
Active
Active1 / 39
Photo 1 of 39
Single Family Residence
$3,000,000$603 / sqft
19955 SW 186th St, Miami FL 33187
Listed
7
Bedrooms
7
Bathrooms
4,979 sqft
Interior
1971
Year built
None
HOA
Single Family Residence
Type
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
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 7-bed rentals across Miami-Dade, from 19 active listings; the middle half ask $18,000–$70,000.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.