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Single Family Residence
$1,050,000$562 / sqft
26480 SW 187th Ave, Homestead FL 33031
Listed
4
Bedrooms
2
Bathrooms
1,867 sqft
Interior
1973
Year built
None
HOA
Single Family Residence
Type
About this home
Fully remodeled and thoughtfully upgraded, this 4-bedroom, 2-bathroom home blends modern comfort, Florida living, and incredible versatility, featuring a unique venue-like space with the potential to generate income from day one. The beautifully renovated kitchen offers serene views of the sparkling pool, creating the perfect setting for entertaining and everyday living. Step outside to your private oasis featuring a stunning pool with an artistic mosaic, a spacious screened porch terrace, and breathtaking sunset views perfect for gatherings, relaxation, or quiet evenings. Upgrades include a metal roof, impact windows and doors, a recently installed A/C system, and a 15kW diesel generator for added peace of mind. The expansive front and backyard provide endless possibilities for outdoor activities, entertaining, landscaping, and more. Nature lovers will appreciate the avocado trees and the property's distinctive Redlands character. The venue-style space adds valuable income-producing potential for permitted private events, celebrations, and gatherings. More than a home, this is a private Florida retreat offering space, character, modern upgrades, a resort-style pool, and income potential in one of Homestead’s most unique settings.
Features
- First Floor Entry
- French Doors
- Walk-In Closet(s)
- Storage
- Fruit Trees
- Garden
Leasing
- Minimum lease
- Not stated
- Ok To Lease
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 $3,805–$9,500.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.