|
|
RARE New Construction – Modern Acre Estate in Homestead
??29705 SW 187 Ave
Located in the highly sought-after Redlands area of Homestead, Florida—known as the gateway to the Florida Keys—this one-of-a-kind modern estate offers 2, 658 sq ft of thoughtfully designed living space, featuring 4 bedrooms and 3 bathrooms.
With high ceilings, an open-concept layout, and luxury finishes throughout, this home delivers both elegance and functionality.
Enjoy a gourmet kitchen, spa-inspired bathrooms, and a versatile flex space with a private entrance—perfect for a home office, business setup, meeting room, or entertainment area for family and guests.
Situated on a prime 1-acre lot in the Redlands, this property offers space, privacy, and endless potential—ideal for those looking to move to South Florida without wasting money on rent.
The owners are willing to subdivide the lot themselves and offer the front portion with the home at a better price, creating a unique and flexible buying opportunity.
There is also an option for a buyer to rent-to-own, allowing you to live in the home while customizing it to your liking—the perfect way to experience South Florida living before fully committing.
Enjoy the beautiful year-round weather, peaceful surroundings, and close proximity to the Florida Keys—making this not just a home, but a lifestyle.
What an incredible opportunity—rare, flexible, and full of potential. Don’t miss out! Contact us today for more information or a private showing.
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed.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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,250,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $1,000,000 | $1,000,000 | $1,000,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.121% | 6.183% |
| Monthly Tax Payment | $310 | $310 | $310 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,836 | $5,996 | $8,439 |
| Total Monthly Payment | $6,271 | $6,431 | $8,874 |
* 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.