20425 296Th St Homestead, FL 33030

Property Details for 20425 296Th St

Year built

1956

Property type

Hotels

Description

This unique investment opportunity presents a 5-acre mixed-use property in the desirable Redlands area of Homestead, Florida, listed at $1,549,000. Built in 1956, the property includes a hotel, two warehouses, and a 1/1 guest house/office. The property boasts extensive outdoor amenities, including a gazebo bar area, 2.5 exterior bathrooms, and a fully functional irrigation system powered by a generator. The land is zoned for bed and breakfast use (up to 6 rooms) and agriculture, offering diverse income potential. The property features 8 wells and 3 water pumps, two FPL electric meters, and abundant fruit trees (soursop, mamey, mango, ciruela, anon, banana). Security features include a fully fenced and gated perimeter with remote access and an alarm system. Public records list the main house as a 2-bedroom, 1-bathroom residence, though the property includes additional living and working spaces. The property is sold as-is, with owner financing available. Access is provided via SW 296th Street and SW 292nd Street. This is an exceptional opportunity for an investor seeking a versatile property with significant potential in a growing area. The property is agriculture exempt.