29705 SW 187th Ave, Homestead, FL 33030 — MLS photo

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29705 SW 187th Ave, Homestead, FL 33030

Active · SingleFamilyResidence

$1,250,000

29705 SW 187th Ave, Homestead, FL 33030

Beds
4
Baths
3
Living area
2,658 sq ft
$ / sq ft
$470/sq ft
Year built
2025
Lot size
38,202 sq ft
HOA fee
—
Annual tax
$3,716

About this property

RARE New Construction – Modern Acre Estate in Homestead ??29705 SW 187 Ave Located in the highly sought-after Redlands area of Homestead, Florida—known as the gateway to the Florida Keys—this one-of-a-kind modern estate offers 2,658 sq ft of thoughtfully designed living space, featuring 4 bedrooms and 3 bathrooms. With high ceilings, an open-concept layout, and luxury finishes throughout, this home delivers both elegance and functionality. Enjoy a gourmet kitchen, spa-inspired bathrooms, and a versatile flex space with a private entrance—perfect for a home office, business setup, meeting room, or entertainment area for family and guests. Situated on a prime 1-acre lot in the Redlands, this property offers space, privacy, and endless potential—ideal for those looking to move to South Florida without wasting money on rent. The owners are willing to subdivide the lot themselves and offer the front portion with the home at a better price, creating a unique and flexible buying opportunity. There is also an option for a buyer to rent-to-own, allowing you to live in the home while customizing it to your liking—the perfect way to experience South Florida living before fully committing. Enjoy the beautiful year-round weather, peaceful surroundings, and close proximity to the Florida Keys—making this not just a home, but a lifestyle. What an incredible opportunity—rare, flexible, and full of potential. Don’t miss out! Contact us today for more information or a private showing.

Property location

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29705 SW 187th Ave, Homestead, FL 33030

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Facts & features

Interior

Bedrooms
4
Bathrooms
3
Living area
2,658 sq ft
Flooring
Tile
Appliances
Built In Oven, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Bedroom On Main Level, Breakfast Area, Closet Cabinetry, Dual Sinks, First Floor Entry, Garden Tub Roman Tub, Kitchen Island, Living Dining Room, Pantry, Separate Shower

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2025
Lot size
38,202 sq ft
Architectural style
Detached, One Story
Roof
Composition
Construction
Block
Exterior features
Fence, Security High Impact Doors, Lighting, Porch
Pool
None
View
Garden

Parking

Garage spaces
0
Covered spaces
0
Parking features
Driveway

HOA, Community & Financials

Security
Smoke Detectors
Pets allowed
Size Limit, Yes
Annual tax
$3,716
Subdivision
GIFFEN MANORS
County
Miami-Dade
Days on market
9
MLS listing ID
A12003171
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$435

Cap rate
6.1%
Net yield
6.1%
Cash-on-cash return
1.5%
Gross yield
7.9%
Mortgage payment
$5,926/mo
Down payment
$312,500
Loan amount
$937,500
Annual NOI
$76,332

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.