20975 SW 264th St, Homestead, FL, 33031 | $1,699,950

Welcome to 20975 SW 264th Street, a rare income-producing estate set on nearly 5 acres of agriculturally zoned land in Homestead, just 50 minutes south of Miami. This versatile property offers the unique ability to live, host, farm, and generate income from the land you own. The spacious primary residence features 3 bedrooms and 2 bathrooms, while the separate guest house with pool offers up to 5 additional bedrooms, creating exceptional flexibility for extended family, rental income, vacation stays, retreats, or hospitality use. The acreage supports a wide range of possibilities, including farming, specialty crops, produce operations, agritourism, private events, wellness retreats, farm-to-table experiences, seasonal markets, and short-term rental concepts. With open land, agricultural potential, multiple living areas, and strong demand for outdoor experiential venues in the Homestead/Redland market, this property offers both immediate usability and long-term upside. Enjoy a lifestyle that blends residential comfort with entrepreneurial opportunity — relax poolside, cultivate your own produce, host guests, or build out a larger income-producing vision over time. A rare South Florida asset combining space, flexibility, agriculture, hospitality, and long-term land value in one of the area’s most sought-after agricultural communities.

Features

  • Bedrooms: 7
  • Baths: 6 full
  • Style: One Story
  • Year Built: 1972
  • Garage: 7-car Driveway
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 6,421
  • Est. Taxes: $10,311
  • View: Garden
  • Elem. School: Redland
  • Middle School: Redland
  • High School: South Dade
  • Appliances: Dryer,Dishwasher,Disposal,Washer
  • MLS#: A11954230
  • Days on Market: 122 days
  • Website: https://www.raveis.com
    /eprop/A11954230/20975sw264thst_homestead_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MIAMI Association of REALTORS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing courtesy of Real Broker, LLC   Phone: 855-450-0442

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

20975 SW 264th St, Homestead, FL, 33031

$1,699,950

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,359,960 $1,359,960 $1,359,960
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.312% 6.235% 6.183%
Monthly Tax Payment $859 $859 $859
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,045 $8,263 $11,476
Total Monthly Payment $9,029 $9,247 $12,460

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.