Homestead, FL

23905 SW 167 Ave, Homestead FL 33031

7212 SF LIVING AREA
$1,999,900

Key Details

Status
Active
Property Type
Triplex
Year Built
1940

Overview

Spectacular income producing remodeled property with two AirBnB cottages on 2 acres of land in the Redlands! Main home is a 3,279 sf renovated 3BR+Den/3BA pool home with 2 car garage, 2 AC units, impact windows/doors, accordion shutters and more. Cottage 1 is a renovated 3BR/1BA which has generated $30k in AirBnB income each year since 2022. Cottage 2 is a renovated 2BR/2BA which was just finished and is now ready for bookings. 40x20 pole barn can easily be converted into a 3rd property for even more income generating potential. Separate Workshop is powered and features a brand new mini split AC. Agriculture Exemption with over 100 fruit trees that generate $20-30k per year. Pro forma $160k+ yearly income at a 7% CAP rate. Contact us today for a private showing of this amazing estate.

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