19345 SW 240th St, Homestead, FL 33031 — MLS photo

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19345 SW 240th St, Homestead, FL 33031

Active · SingleFamilyResidence

$2,799,000

19345 SW 240th St, Homestead, FL 33031

Beds
4
Baths
5
Living area
2,611 sq ft
$ / sq ft
$1,072/sq ft
Year built
1970
Lot size
435,600 sq ft
HOA fee
—
Annual tax
$6,473

About this property

Paradise found! A rare, opportunity to own 10 acres of lush, tropical gardens bordered by an avocado and tropical fruit grove in a quiet, tucked away area of the Redland. The gated property has an income producing avocado and sapodilla grove. There is a “Dream Row” of tropical fruit trees of every kind! The 4 bedroom 5 bath home has travertine floors throughout, which includes a separate in-laws suite. The estate includes a cottage with its own kitchen and bath. The home is surrounded by tree-mounted mature orchids that bloom in various seasons. The 10’X48’ pergola will host vines of fruit and flowers of your choice. Enjoy the large deck and in-ground swimming pool and entertain family and friends in the huge Tiki hut! The estate has plenty of space for hosting special events. Bring your horses to the 8 stall stable/barn with wash rack and two paddocks for them to roam. The barn has an undercover area to store farming equipment, plus an enclosed workshop. Enjoy the separate tack room and equipment rooms. Your chickens will love the two fenced in pens. Be mesmerized by the fully equipped, 400 sq ft EXTRA Country Kitchen complete with stainless steel appliances, bath and shower. Never loose power with the fully enclosed comercial Generac 30 kw generator with a Perkins diesel engine and a 500 gal fuel tank. Start your own collection of orchids in the 24X24 greenhouse, which is fully lighted and has an RO watering system. Escape to this secluded piece of heaven on earth!

Interior & exterior features

Appliances

  • Dryer
  • Dishwasher
  • Electric Range
  • Electric Water Heater
  • Disposal
  • Ice Maker
  • Microwave
  • Refrigerator
  • Self Cleaning Oven
  • Wine Cooler
  • Water Purifier
  • Washer

Cooling

  • Electric

Heating

  • Central

Views

  • Pool

Parking

  • Attached Carport
  • Covered

Interior features

  • Bedroom On Main Level
  • First Floor Entry
  • Fireplace
  • Handicap Access
  • Kitchen Island
  • Living Dining Room
  • Pantry
  • Separate Shower
  • Walk In Closets
  • Central Vacuum
  • Workshop

Exterior features

  • Fence
  • Fruit Trees
  • Security High Impact Doors
  • Lighting
  • Patio

Pool

  • In Ground
  • Pool

Flooring

  • Other

roof

  • Shingle

construction

  • Frame
  • Stucco

security

  • Security System Owned
  • Smoke Detectors

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

-$4,284

Cap rate
3.9%
Net yield
3.9%
Cash-on-cash return
-6.6%
Gross yield
5.3%
Mortgage payment
$13,269/mo
Down payment
$699,750
Loan amount
$2,099,250
Annual NOI
$107,822

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