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Single Family Residence
$1,495,000$353 / sqft
20450 SW 198th Ave, Miami FL 33187
Listed
4
Bedrooms
5
Bathrooms
4,238 sqft
Interior
1978
Year built
None
HOA
Single Family Residence
Type
About this home
Welcome to Casa Gait & Grove. Hidden behind a private screen of lush landscaping in the heart of the Redlands, this 2.42-acre tropical compound delivers a flawless blend of secluded serenity, resort-style entertaining, and specialized luxury. The main residence features an open floor plan emphasizing indoor-outdoor flow, with expansive windows, dual primary suites, and a spa-like whirlpool tub. Steps away, the estate transitions into an entertainer’s dream. A detached game room and studio suite includes a full bath, sitting adjacent to a striking outdoor pavilion with a built-in bar, grill, and covered lounge. This space flows effortlessly to a sparkling, kidney-shaped pool enveloped by architectural palms and vibrant flowering gardens. The grounds double as a private horticultural sanctuary, boasting a curated collection of over a dozen varieties of tropical fruit trees. Positioned discreetly at the rear, a detached 2-car garage features a private 1-bedroom, 1-bathroom apartment—perfect for rental income or a multi-generational guest house. Tailored for the lifestyle enthusiast, this versatile estate is an equestrian’s paradise with a 5-stall boarding stable, and features a highly coveted, ultra-rare private indoor sports shooting range. The property is equipped with accordion shutters and a full-house generator. Casa Gait & Grove offers an unparalleled lifestyle deeply rooted in the privacy of South Florida’s iconic Redland community.
Features
- First Floor Entry
- Pantry
- Walk-In Closet(s)
- Recreation Room
- Studio Apartment
- Workshop
- Barbeque
- Built-In Grill
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 $3,800–$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.