$1,199,000

$492/sq ft

$300,000
Price Decreased

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Overview

Bedroom

5

Bath

3

Year Built

1971

Sqft

2438

Property Type

Single Family Residence

Property Description

This 1.25-acre estate presents a rare investment opportunity in Homestead, featuring a 5-bed, 3-bath single-family home with approximately 2,438 sq ft of living space. The property includes a separate mother-in-law or rental quarter, creating immediate income potential. Set on a fully fenced lot with mature fruit trees, it offers both privacy and versatile use, from residential living to hobby farming or expansion. A large workshop provides space for storage, business use, or value-add projects, and the property is zoned agricultural/residential, allowing flexibility for future development or farming. There’s also RV/boat parking and plenty of room to add amenities such as a pool. It’s an ideal choice for investors seeking a high-upside asset in a growing market.

Property Details

MLS#

A11812636

Building

14 57 38 1.25 AC

Address

18820 316th St SW

City

Homestead

State/county

FL

Zip/Postal Code

33030

Area

14 57 38 1.25 Ac

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$2,556

Maint Fee

$--

Tax Year

2025

Refrigerator

None

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Boris Gelfand