5 S Flagler Avenue, Homestead FL 33030

Closed

$999,000

23.15%

Est. Payment $5,317/mo

MLS Sheet Video

1930

Year Built

2

Stories

276

Days on Market

Description

The Redland Hotel is a historic bed and breakfast boutique hotel that was fully renovated in 2001. The property features 13 guest rooms, one of which is currently being occupied by the property manager. In addition to the guest rooms this property includes a 120 person restaurant, large bar and parking for seventeen cars. The property has a commercial kitchen, private conference room and COPA liquor license is also included. Property is located in historical Homestead, Florida just miles from the Florida Keys. This region is ideal for those looking for a quiet vacation or who simply want an elegant place to rest before continuing on their journey south to Key West. Folio 10-7918-008-0130 is also part of this sale.

Facts

MLS#
F10231239
Subdivision
Property Type
Commercial Sale
Property Sub Type
Hotel/Motel
Year Built
1930
Lot Size
9,403 ft²
Sq. Ft.
Sq. Mt.
Price per sq. ft.
Price per sq. mt.
Stories
2
Garage
Pool
Days on Market
276 days
Listed
May 26, 2020
Last Updated
Jun 9, 2026
Price/Lot Sq.Ft.
$106/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Homestead

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

September 2026

100/100
Buyers marketSellers market

40

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

6/9/2026Sold$999,000
8/17/2020Price change$999,000-23.2%
5/26/2020Listed for sale$1,300,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

5 S Flagler Avenue, Homestead FL 33030Directions

Estimated Monthly Payment

$6,300/mo

Principal & Interest

$5,317

Property Tax

$833

Insurance

$150

HOA

$0

20% ($199,800)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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