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About this home

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.

Facts & features

Interior

  • First Floor Entry
  • Closet Cabinetry
  • Cooking Island
  • Laundry Tub
  • Pantry
  • Roman Tub
  • Family Room
  • Utility Room/Laundry

Exterior

  • Lighting

Appliances

  • Dishwasher
  • Disposal
  • Electric Water Heater
  • Microwave
  • Electric Range
  • Refrigerator
  • Wall Oven

Cooling & heating

  • Central Air
  • Electric
  • Central
  • Electric

Flooring

  • Tile

Parking

  • Driveway

View

  • Garden

Security

  • Smoke Detector

Laundry

  • Laundry Tub
  • Utility Room/Laundry
  • Washer/Dryer Hook-Up

Pets

  • More Than 20 Lbs

Construction & roof

  • CBS Construction
  • Composition Roll

Assigned schools

Elementary

Redondo

Middle

South Dade Middle

High

South Dade

School assignments should be independently verified.

Location

29705 SW 187th Ave, Homestead

Mortgage Estimator

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Home priceUSD
Enter as digits, with commas, or shorthand: 1.9M · 1900K · 1,895,000
ZIP codeBroward
Broward County (approximate from ZIP prefix).
Payment typeFinanced
Conventional or jumbo loan, depending on size.
Down payment20% · $250,000
%
$1,000,000 financed· Jumbo loan
Loan termyears
Base rate% (760+ band)
Loading current market rate...
Your rate at 740-759:6.995%(base + 0.12%)
Loan exceeds the conforming limit. Jumbo rates from portfolio lenders typically run 0.25–0.75% below the 30-yr fixed shown here.
Primary residenceNo
No homestead exemption — full property tax applies.
Credit score banddrives rate
Lenders price LLPA adjustments by credit band. See impact panel for monthly + lifetime deltas.
Your finances optional, for DTI
Gross annual income
$
Other monthly debts
$
Household combined pre-tax income and the sum of your monthly debt-service payments (auto loans, student loans, credit-card minimums). We don't count groceries, utilities, or insurance — those don't factor into lender DTI.
Estimated monthly
$9,138
Per month, all-in
73%P&I SHARE
Monthly breakdown
  • Principal & interest$6,65073%
  • Property taxes$1,36915%
  • Insurance$1,12012%

Tax: Broward County effective rate (1.31%). Source: FL Department of Revenue. Listing tax released — likely a lot-only new-construction assessment.

Insurance: Direct coastal exposure — Florida hurricane corridor. Estimate; actual quote can be 30–50% higher on older homes or homes without wind mitigation.

Cash & qualification
Cash at closing
$295,172
Income to qualify
$392,000/yr
Credit-score impact

Improving from 740-759 to 760+ would save $81/mo and $28,936 over the life of this loan.

Over the life of the loan
Total paid
$2,393,880
Total interest
$1,393,880
Paid off
2056
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