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19955 SW 186th St, Miami, FL, 33187 | $3,000,000
Prime Redlands agricultural compound with in-place income and agricultural exemption situated on 2. 38 acres. Total living area is 4, 979 SF across three separate structures, fully enclosed by a $200, 000 perimeter fence with concrete footings (installed 2020) for maximum privacy and security. The main residence(2, 911 sf) is a completely remodeled 3-bedroom, 3. 5-bath home featuring 2024 renovations including a new kitchen with custom cabinetry and island, updated bathrooms, new flooring, new millwork and doors, and upgraded plumbing and fixtures. The detached guest house(1, 270 sf) offers 3 bedrooms and 2 bathrooms with a new 2024 metal roof. The fully remodeled detached apartment(550 sf) features 1 bedroom and 1 bathroom, also with a new 2024 metal roof. The main house and guest house are separated by hedges and have independent entrances, creating a true compound layout ideal for multigenerational living or rental flexibility. Agricultural income averages approximately $29, 000 annually from 165 mature Mamey and avocado trees. Additional income potential includes approximately $3, 000 per month from the guest house and $1, 500 per month from the apartment. Property features include irrigation system throughout, water filtration system, well and septic, and roof encapsulated in concrete for added durability. Agricultural exemption means low property taxes. Rare opportunity to acquire a turnkey, income-producing agricultural estate in the heart of the Redlands.
Features
- Bedrooms: 7
- Baths: 6 full / 1 half
- Style: Ranch
- Year Built: 1971
- Garage: Circular Driveway,Driveway,Electric Vehicle Charging Station(s)
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 4,979
- Est. Taxes: $7,421
- Lot Desc: 2-3 Acres
- View: Other
- Elem. School: Redland
- Middle School: Redland
- High School: South Dade
- Appliances: Electric Range,Refrigerator,Water Softener Owned
- MLS#: A11963354
- Days on Market: 28 days
- Website: https://www.raveis.com
/eprop/A11963354/19955sw186thst_miami_fl?source=qrflyer
Listing courtesy of Synergy Realty Advisors Phone: 786-536-7287
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
19955 SW 186th St, Miami, FL, 33187
$3,000,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $2,400,000 | $2,400,000 | $2,400,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.259% | 6.223% |
| Monthly Tax Payment | $618 | $618 | $618 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $14,006 | $14,583 | $20,253 |
| Total Monthly Payment | $14,749 | $15,326 | $20,996 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388