This spectacular estate sits on 2 acres of land in the Redlands and is perfect for a large family or someone looking for a tremendous income producing opportunity. Main home is a 3,279 sf remodeled 3BR+Den/3BA pool home with 2 car garage, 2 AC units, impact windows, brand new master bath and more. Cottage 1 is a renovated 3BR/1BA which has consistently 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 has been converted into a 3rd cottage for 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. No flood zone. Pro forma $185k+ yearly with a 8.5% CAP rate.
Listed by:
LoKation
Source:
MIAMI MLS
Date | Days Ago | Event | New Price |
---|---|---|---|
Oct 15, 2024 | 1 mo ago | Price decreased100,000 (5%) | $1,849,900 |
Sep 4, 2024 | 2 mos ago | Price decreased50,000 (3%) | $1,949,900 |
Jun 26, 2024 | 5 mos ago | New on market | $1,999,900 |