Redland Estate W Grotto Homes for Sale

Redland Estate W Grotto is a residential community in Homestead, Florida. Active listings are currently priced from $7M–$7M.

Pure Equity Realty covers Redland Estate W Grotto and the Homestead area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 2 Redland Estate W Grotto Homestead homes for sale as of October 2026. The median asking price is $7.0M.

That is 1491% above the Homestead median of $440,000. On a per-foot basis, homes here ask about $588 per square foot, compared with $261 across Homestead. So the median price buys roughly 11,900 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 78 days on the market. That is faster than the Homestead average of 123 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Redland Estate W Grotto date from 2009, so they are about 17 years old.

Every one of these homes went up after Florida adopted its statewide building code in 2002. In practice, that usually means impact-rated openings and stronger roof attachment. A wind mitigation inspection documents those features, and Florida insurers must offer premium discounts for them.

Here is what the median Redland Estate W Grotto price means in Florida closing terms. At $7.0M, a 20% down payment comes to about $1.4M, leaving a loan near $5.6M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $19,597. Next, the intangible tax of 0.2% adds about $11,198. Buyers normally pay both at closing.

On the seller side, Miami-Dade charges deed stamps of 60 cents per $100 on a single-family home, about $41,994 at this price. Condos and other property types pay a higher rate.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent Redland Estate W Grotto listings show assignments to Redland (elementary), Redland (middle) and South Dade (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.