Atlantic Luxury Advisors
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38 photos

15150 240th St

Homestead, FL 33032

$2,195,000
4
2
2,383 sq ft
217,800 sq ft
2017
2 car
Single Family Residence
154
Active

Listing courtesy of Douglas Elliman (Christopher Wands). Contact: [email protected].

About this home

Welcome to Avocado Estate, a rare opportunity to own 5 acres of prime land in the heart of Miami’s Redlands.This expansive property offers endless development potential and the freedom to create a truly custom lifestyle estate. Ideal for equestrian enthusiasts, agricultural use, or a private family compound, the land provides ample space for stables, riding arenas, guest homes, padel or tennis courts, and lush, resort-style gardens. Surrounded by open skies and mature greenery, Avocado Estate delivers privacy, tranquility, and a connection to nature—while still being within convenient reach of Miami’s urban core. Whether you envision a luxury countryside retreat, a multi-generational compound, or a unique recreational estate, this property serves as a blank canvas for your vision. With its generous acreage, versatile zoning, and iconic Redlands setting, Avocado Estate is a rare offering where lifestyle, land, and long-term value converge.

What it costs to own
Estimated monthly payment
$15,793/mo
Principal and interest
$11,099
Property tax
$3,319
Homeowners insurance
$1,375
HOA(not in the listing)
$0

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$39,825/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
Not stated in the listing; ask us
FEMA flood zone
Zone X, minimal risk

Outside the special flood hazard area. Flood insurance is optional.

Hurricane evacuation zone
Zone D: ordered to evacuate for Category 3 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.