Coconut Grove New Developments 2026: The Complete Guide to Every New Luxury Project

Welcome to 20975 SW 264th Street, a rare income-producing estate set on nearly 5 acres of agriculturally zoned land in Homestead, just 50 minutes south of Miami. This versatile property offers the unique ability to live, host, farm, and generate income from the land you own. The spacious primary residence features 3 bedrooms and 2 bathrooms, while the separate guest house with pool offers up to 5 additional bedrooms, creating exceptional flexibility for extended family, rental income, vacation stays, retreats, or hospitality use. The acreage supports a wide range of possibilities, including farming, specialty crops, produce operations, agritourism, private events, wellness retreats, farm-to-table experiences, seasonal markets, and short-term rental concepts. With open land, agricultural potential, multiple living areas, and strong demand for outdoor experiential venues in the Homestead/Redland market, this property offers both immediate usability and long-term upside. Enjoy a lifestyle that blends residential comfort with entrepreneurial opportunity — relax poolside, cultivate your own produce, host guests, or build out a larger income-producing vision over time. A rare South Florida asset combining space, flexibility, agriculture, hospitality, and long-term land value in one of the area’s most sought-after agricultural communities.