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2903 SE 17th Ave #201
D- Composite 38.6
Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +8.8/30.0
  • ARV discount +7.5/15.0
  • 1% rule +5.3/10.0
  • Schools +4.2/10.0
  • Livability +3.9/5.0
  • Condition / age +2.5/5.0
  • DSCR +2.4/10.0
  • Appreciation +2.4/10.0
  • Rent growth +1.7/5.0

$218,000

2903 SE 17th Ave #201 · Homestead, FL 33035
3 bd · 2.0 ba · 1,182 sqft · Condo public records · 141 Days on market
Built 2006 $351/mo HOA · 16% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

ALL BEDROOMS HAVE WOOD LAMINATE FLOORS AND CEILING FANS. ENTRANCE TO LIVING AREA WITH MASTER SEPARATED FROM THE OTHER BEDROOMS. KITCHEN OVERLOOKS FAMILY ROOM AREA. NEW AC SYSTEM. CURRENTLY RENTED FOR $1050/MONTH WITH LEASE ENDING 4/30/2017. 48 HOUR NOTICE REQUIRED BY TENANT. APPOINTMENTS TO BE SCHEDULED BETWEEN 11-2 PM.

Key facts

  • Second floor
  • Laminate floors
  • Split plan

Tags

RECENTLY PAINTED EXTERIORSPLIT PLANSECOND FLOORLARGE WALK-IN CLOSETPRIVATE BATHROOMLAMINATE FLOORS

Property features AI

Finance

  • Financial info: Pets allowed with size limit (maximum 20 lbs)
  • HOA & community: Monthly association fee; Association covers amenities, common areas, pool(s), security and trash; Association amenities include a pool

Exterior

  • Parking: Guest parking; Two or more parking spaces
  • Security: Complex fenced; Security guard; Smoke detectors
  • Utilities: Cable available
  • Home design: Block construction; Property attached (attached unit); Faces west; Entry located on level 2; Model: SPACIOUS; Resale property
  • Construction: Block construction
  • Exterior features: Storm/security shutters; Association pool

Interior

  • Kitchen: Dishwasher; Electric range; Disposal; Icemaker; Microwave; Refrigerator; Breakfast area / Eat-in kitchen
  • Bedrooms: At least one bedroom on the main level
  • Flooring: Laminate floors; Tile floors
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating; Central air conditioning; Ceiling fans
  • Interior features: Blinds on windows; Breakfast area; Eat-in kitchen; Split bedroom layout; Tub with shower; Vaulted ceilings; Second floor entry
  • Laundry & utility: Washer and dryer; Electric water heater

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath condo listed at $218k.

Deal economics

  • At list price, monthly cash flow is $-181 ($-2k/yr) — negative.
  • To cash-flow at today's rent, offer at most $186k (14.6% below list).
  • Meets the 1% rule at list price ($2k rent vs $218k).
  • Recommended offer: $186k (14.6% below list) — sets the bar for cash-flow.
  • Cap rate 5.3% vs local median 3.5% in Homestead — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 78/100 on livability (#158 in FL, #2,408 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, health & safety A+; Watch: employment C-.
  • Miami-Dade (suburban): math 45% / reading 54% proficiency, ranked #40 of 73 in FL (top 55%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Gateway Environmental K-8 Learning Center (math 23% / reading 34%, grade F, #1,943 of 2,144 statewide, top 91%, 1,355 students, 74% FRL); Homestead Middle School (math 23% / reading 25%, grade F, #532 of 571 statewide, top 94%, 666 students, 81% FRL); Homestead Senior High School (math 24% / reading 23%, grade F, #533 of 667 statewide, top 80%, 2,020 students, 74% FRL).
  • Zoned-school proficiency averages 25% at this address vs 50% district-wide (-24 pts) — the specific schools serving this property underperform the Miami-Dade average; the district grade overstates school quality for this exact location.
  • Market conditions: Rents falling (-3.2%/yr); 466 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 10,051 units permitted in Miami-Dade County in 2024 (7,758 in 5+ unit buildings).
  • This rent runs 39% of the median local income ($68k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
  • Miami-Dade County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 141 days — a 12% lower offer ($192k) is reasonable based on typical stale-listing flexibility.
  • 6 sale attempts since 12y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $109k; list at $218k implies a 100% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→33/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $186,071 (14.6% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 141 days. Have you received any prior offers? Is the seller open to a 15% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
  5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  7. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.03%
Cap rate
5.30%
Cash-on-cash
-3.55%
DSCR
0.84
GRM
8.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold
IRR
-26.7%
Equity multiple
0.13×
Total profit
$-53,088
Equity at exit
$32,505
10-year hold
IRR
-46.7%
Equity multiple
-0.39×
Total profit
$-85,149
Equity at exit
$18,849

Cash invested: $61,040 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
87 Strongly Landlord-Friendly
State Florida
87 Strongly Landlord-Friendly · R+3
County
— inherits STATE
City
— inherits STATE
3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

ZIP-level market 33035

Home prices YoY
-1.4%
Rents YoY
-3.2%
Active inventory
466
Price-to-rent
8.1×

Monthly cashflow live

Estimated rent
$2,237 high interval (Pro) →
Mortgage (P&I)
$1,143
Tax from tax record
$363 /mo · $4,357/yr
Insurance
$91
HOA
$351
Vacancy / Maint / Mgmt
$470
Net cashflow
$-181

Break-even live

Break-even rent $2,466
Max offer price $186,071
Occupancy floor

Sensitivity live

Price -10% $-57 -5% $-119 +0% $-181 +5% $-242 +10% $-304
Rent -10% $-357 -5% $-269 +0% $-181 +5% $-92 +10% $-4
Rate -1.0pp $-71 -0.5pp $-125 base $-181 +0.5pp $-237 +1.0pp $-295

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$54,500
Closing costs
$6,540
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2542 SE 29th St Unit 2542 Homestead, FL 3.0 2.5 1442 $2,550 $1.77 6d 1 0.02mi
2514 SE 29th St Unit 2514 Homestead, FL 3.0 2.5 1431 $2,700 $1.89 7d 1 0.02mi
2903 SE 17th Ave #211 Homestead, FL 3.0 2.0 1076 $2,000 $1.86 26d 1 0.03mi
2903 SE 17th Ave #110 Homestead, FL 3.0 2.0 1166 $2,050 $1.76 12d 1 0.03mi
2582 SE 29th St Unit 2582 Homestead, FL 3.0 3.0 1328 $2,500 $1.88 26d 1 0.03mi
1661 SE 29th Ct Homestead, FL 3.0 2.0 1076 $2,025 $1.88 18d 2 0.04mi
1658 SE 28th Ct #200 Homestead, FL 3.0 2.0 1076 $2,500 $2.32 26d 1 0.04mi
1658 SE 28th Ct #201 Homestead, FL 3.0 2.0 1182 $1,900 $1.61 9d 1 0.04mi
1658 SE 28th Ct #202 Homestead, FL 3.0 2.0 1182 $1,900 $1.61 12d 1 0.04mi
1656 SE 29th Ct Homestead, FL 3.0 2.0 1113 $1,950 $1.75 6d 2 0.05mi
1656 SE 29th Ct Homestead, FL 3.0 2.0 1113 $1,950 $1.75 12d 2 0.05mi
2811 SE 17th Ave Homestead, FL 3.0 2.0 1182 $2,100 $1.78 26d 1 0.07mi
3001 SE 17th Ave #3001 Homestead, FL 2.0 2.5 1166 $1,950 $1.67 26d 1 0.07mi
3001 SE 17th Ave #3001 Homestead, FL 2.0 2.5 1166 $1,950 $1.67 0d 1 0.07mi
2812 SE 16th Ave #121 Homestead, FL 4.0 3.0 1423 $2,400 $1.69 26d 1 0.11mi
1681 SE 31st Ct Unit 1681 Homestead, FL 2.0 2.5 1166 $2,000 $1.72 26d 1 0.13mi
1663 SE 27th Dr #108 Homestead, FL 3.0 2.0 1166 $2,300 $1.97 12d 1 0.13mi
2728 SE 17th Ave #202 Homestead, FL 3.0 2.0 1182 $1,700 $1.44 26d 1 0.13mi
2731 SE 17th Ave #210 Homestead, FL 3.0 2.0 1182 $2,000 $1.69 26d 1 0.14mi
2953 SE 15th Ter Unit 2953 Homestead, FL 2.0 2.5 1166 $2,000 $1.72 26d 1 0.14mi
1666 SE 27th Ct #108 Homestead, FL 3.0 2.0 1166 $2,000 $1.72 9d 1 0.14mi
1666 SE 27th Ct Homestead, FL 3.0 2.0 1113 $1,800 $1.62 16d 2 0.15mi
2755 SE 16th Ave Homestead, FL 3.0 2.0 1076 $1,900 $1.77 26d 1 0.15mi
2755 SE 16th Ave #103 Homestead, FL 3.0 2.0 1060 $2,000 $1.89 26d 1 0.15mi
2537 SE 27th Ct Unit 2537 Homestead, FL 3.0 2.5 1443 $2,600 $1.80 26d 1 0.17mi
2726 SE 16th Ave #173 Homestead, FL 3.0 3.0 1423 $2,040 $1.43 26d 1 0.18mi
2735 SE 16th Ave #100 Homestead, FL 3.0 2.0 1060 $1,790 $1.69 26d 1 0.18mi
2637 SE 16th Ter #206 Homestead, FL 2.0 2.0 930 $2,100 $2.26 26d 1 0.20mi
1586 SE 27th Ct #178 Homestead, FL 3.0 3.0 1423 $2,200 $1.55 23d 1 0.20mi
1586 SE 27th Ct #178 Homestead, FL 3.0 3.0 1423 $2,200 $1.55 3d 1 0.20mi
1539 SE 27th St #201 Homestead, FL 2.0 2.0 930 $1,700 $1.83 26d 1 0.23mi
1539 SE 27th St #201 Homestead, FL 2.0 2.0 930 $1,700 $1.83 19d 1 0.23mi
1539 SE 27th St #107 Homestead, FL 3.0 2.0 1060 $2,000 $1.89 0d 1 0.23mi
1568 SE 26th St Homestead, FL 2.0 2.0 916 $1,775 $1.94 26d 2 0.23mi
1568 SE 26th St Homestead, FL 2.0 2.0 903 $1,800 $1.99 3d 1 0.23mi
2907 SE 15th Rd #67 Homestead, FL 4.0 3.0 1423 $2,400 $1.69 26d 1 0.24mi
2910 SE 15th Rd #55 Homestead, FL 3.0 2.5 1302 $1,900 $1.46 15d 1 0.24mi
2736 SE 15th Rd #18 Homestead, FL 4.0 3.0 1423 $2,750 $1.93 3d 1 0.24mi
2876 SE 15th Rd Homestead, FL 3.0 3.0 1423 $2,483 $1.74 26d 1 0.24mi
2740 SE 15th Rd #20 Homestead, FL 3.0 2.0 1302 $2,100 $1.61 26d 1 0.24mi

HOA detail condo

Monthly dues
$351 · $4,212/yr
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 35 events

  1. 2026-06-21
    days on market $218,000 Active 141 DOM
  2. 2026-06-18
    days on market $218,000 Active 138 DOM
  3. 2026-06-17
    days on market $218,000 Active 137 DOM
  4. 2026-06-16
    days on market $218,000 Active 136 DOM
  5. 2026-06-15
    days on market $218,000 Active 135 DOM
  6. 2026-06-13
    days on market $218,000 Active 133 DOM
  7. 2026-06-09
    days on market $218,000 Active 129 DOM
  8. 2026-06-08
    days on market $218,000 Active 128 DOM
  9. 2026-06-07
    days on market $218,000 Active 127 DOM
  10. 2026-06-04
    days on market $218,000 Active 124 DOM
  11. 2026-06-03
    days on market $218,000 Active 123 DOM
  12. 2026-06-02
    days on market $218,000 Active 122 DOM
  13. 2026-06-01
    days on market $218,000 Active 121 DOM
  14. 2026-05-31
    days on market $218,000 Active 120 DOM
  15. 2026-04-07
    price $218,000
  16. 2026-02-14
    historical $1,695
  17. 2026-01-31
    listed $225,000 Active
  18. 2026-01-18
    price $1,695
  19. 2025-10-15
    listed $1,750
  20. 2017-03-27
    soldstatus $109,000
    Show marketing remark (322 chars)

    ALL BEDROOMS HAVE WOOD LAMINATE FLOORS AND CEILING FANS. ENTRANCE TO LIVING AREA WITH MASTER SEPARATED FROM THE OTHER BEDROOMS. KITCHEN OVERLOOKS FAMILY ROOM AREA. NEW AC SYSTEM. CURRENTLY RENTED FOR $1050/MONTH WITH LEASE ENDING 4/30/2017. 48 HOUR NOTICE REQUIRED BY TENANT. APPOINTMENTS TO BE SCHEDULED BETWEEN 11-2 PM.

  21. 2017-03-27
    soldstatus $109,000
    Show marketing remark (322 chars)

    ALL BEDROOMS HAVE WOOD LAMINATE FLOORS AND CEILING FANS. ENTRANCE TO LIVING AREA WITH MASTER SEPARATED FROM THE OTHER BEDROOMS. KITCHEN OVERLOOKS FAMILY ROOM AREA. NEW AC SYSTEM. CURRENTLY RENTED FOR $1050/MONTH WITH LEASE ENDING 4/30/2017. 48 HOUR NOTICE REQUIRED BY TENANT. APPOINTMENTS TO BE SCHEDULED BETWEEN 11-2 PM.

  22. 2017-03-27
    soldstatus $109,000 Sold 322-char remark
    Show marketing remark (322 chars)

    ALL BEDROOMS HAVE WOOD LAMINATE FLOORS AND CEILING FANS. ENTRANCE TO LIVING AREA WITH MASTER SEPARATED FROM THE OTHER BEDROOMS. KITCHEN OVERLOOKS FAMILY ROOM AREA. NEW AC SYSTEM. CURRENTLY RENTED FOR $1050/MONTH WITH LEASE ENDING 4/30/2017. 48 HOUR NOTICE REQUIRED BY TENANT. APPOINTMENTS TO BE SCHEDULED BETWEEN 11-2 PM.

  23. 2017-02-26
    status Pending 322-char remark
    Show marketing remark (322 chars)

    ALL BEDROOMS HAVE WOOD LAMINATE FLOORS AND CEILING FANS. ENTRANCE TO LIVING AREA WITH MASTER SEPARATED FROM THE OTHER BEDROOMS. KITCHEN OVERLOOKS FAMILY ROOM AREA. NEW AC SYSTEM. CURRENTLY RENTED FOR $1050/MONTH WITH LEASE ENDING 4/30/2017. 48 HOUR NOTICE REQUIRED BY TENANT. APPOINTMENTS TO BE SCHEDULED BETWEEN 11-2 PM.

  24. 2016-12-26
    price $112,500 322-char remark
    Show marketing remark (322 chars)

    ALL BEDROOMS HAVE WOOD LAMINATE FLOORS AND CEILING FANS. ENTRANCE TO LIVING AREA WITH MASTER SEPARATED FROM THE OTHER BEDROOMS. KITCHEN OVERLOOKS FAMILY ROOM AREA. NEW AC SYSTEM. CURRENTLY RENTED FOR $1050/MONTH WITH LEASE ENDING 4/30/2017. 48 HOUR NOTICE REQUIRED BY TENANT. APPOINTMENTS TO BE SCHEDULED BETWEEN 11-2 PM.

  25. 2016-11-17
    listed $121,500 Active 322-char remark
    Show marketing remark (322 chars)

    ALL BEDROOMS HAVE WOOD LAMINATE FLOORS AND CEILING FANS. ENTRANCE TO LIVING AREA WITH MASTER SEPARATED FROM THE OTHER BEDROOMS. KITCHEN OVERLOOKS FAMILY ROOM AREA. NEW AC SYSTEM. CURRENTLY RENTED FOR $1050/MONTH WITH LEASE ENDING 4/30/2017. 48 HOUR NOTICE REQUIRED BY TENANT. APPOINTMENTS TO BE SCHEDULED BETWEEN 11-2 PM.

  26. 2014-08-26
    soldstatus $65,400 Sold 457-char remark
    Show marketing remark (457 chars)

    SPACIOUS 3 BEDROOM 2 BATH CONDO AT VENETIA GARDENS SOUTH COMMUNITY IN HOMESTEAD! UNIT FEATURES 1000+SQFT, AMPLE KITCHEN AND BEDROOMS, OPEN LIVING AREA LEADS TO GREAT COVERED BALCONY, LOTS OF NATURAL LIGHT AND BEST OF ALL ITS JUST MINUTES AWAY TO ALL YOUR FAVORITE DESTINATIONS!! CLOSE TO MAJOR HIGHWAYS, SCHOOLS, SHOPPING CENTERS, DINING, ENTERTAINMENT AND MUCH MORE!HOME IS ELIGIBLE FOR HOMEPATH RENOVATION FINANCING, 5% DOWN, NO MORTGAGE INSURANCE REQ'D.

  27. 2014-07-25
    status Pending 457-char remark
    Show marketing remark (457 chars)

    SPACIOUS 3 BEDROOM 2 BATH CONDO AT VENETIA GARDENS SOUTH COMMUNITY IN HOMESTEAD! UNIT FEATURES 1000+SQFT, AMPLE KITCHEN AND BEDROOMS, OPEN LIVING AREA LEADS TO GREAT COVERED BALCONY, LOTS OF NATURAL LIGHT AND BEST OF ALL ITS JUST MINUTES AWAY TO ALL YOUR FAVORITE DESTINATIONS!! CLOSE TO MAJOR HIGHWAYS, SCHOOLS, SHOPPING CENTERS, DINING, ENTERTAINMENT AND MUCH MORE!HOME IS ELIGIBLE FOR HOMEPATH RENOVATION FINANCING, 5% DOWN, NO MORTGAGE INSURANCE REQ'D.

  28. 2014-04-11
    status Pending 457-char remark
    Show marketing remark (457 chars)

    SPACIOUS 3 BEDROOM 2 BATH CONDO AT VENETIA GARDENS SOUTH COMMUNITY IN HOMESTEAD! UNIT FEATURES 1000+SQFT, AMPLE KITCHEN AND BEDROOMS, OPEN LIVING AREA LEADS TO GREAT COVERED BALCONY, LOTS OF NATURAL LIGHT AND BEST OF ALL ITS JUST MINUTES AWAY TO ALL YOUR FAVORITE DESTINATIONS!! CLOSE TO MAJOR HIGHWAYS, SCHOOLS, SHOPPING CENTERS, DINING, ENTERTAINMENT AND MUCH MORE!HOME IS ELIGIBLE FOR HOMEPATH RENOVATION FINANCING, 5% DOWN, NO MORTGAGE INSURANCE REQ'D.

  29. 2014-03-31
    status Active 457-char remark
    Show marketing remark (457 chars)

    SPACIOUS 3 BEDROOM 2 BATH CONDO AT VENETIA GARDENS SOUTH COMMUNITY IN HOMESTEAD! UNIT FEATURES 1000+SQFT, AMPLE KITCHEN AND BEDROOMS, OPEN LIVING AREA LEADS TO GREAT COVERED BALCONY, LOTS OF NATURAL LIGHT AND BEST OF ALL ITS JUST MINUTES AWAY TO ALL YOUR FAVORITE DESTINATIONS!! CLOSE TO MAJOR HIGHWAYS, SCHOOLS, SHOPPING CENTERS, DINING, ENTERTAINMENT AND MUCH MORE!HOME IS ELIGIBLE FOR HOMEPATH RENOVATION FINANCING, 5% DOWN, NO MORTGAGE INSURANCE REQ'D.

  30. 2014-03-31
    price $64,900 457-char remark
    Show marketing remark (457 chars)

    SPACIOUS 3 BEDROOM 2 BATH CONDO AT VENETIA GARDENS SOUTH COMMUNITY IN HOMESTEAD! UNIT FEATURES 1000+SQFT, AMPLE KITCHEN AND BEDROOMS, OPEN LIVING AREA LEADS TO GREAT COVERED BALCONY, LOTS OF NATURAL LIGHT AND BEST OF ALL ITS JUST MINUTES AWAY TO ALL YOUR FAVORITE DESTINATIONS!! CLOSE TO MAJOR HIGHWAYS, SCHOOLS, SHOPPING CENTERS, DINING, ENTERTAINMENT AND MUCH MORE!HOME IS ELIGIBLE FOR HOMEPATH RENOVATION FINANCING, 5% DOWN, NO MORTGAGE INSURANCE REQ'D.

  31. 2014-03-27
    status Active 457-char remark
    Show marketing remark (457 chars)

    SPACIOUS 3 BEDROOM 2 BATH CONDO AT VENETIA GARDENS SOUTH COMMUNITY IN HOMESTEAD! UNIT FEATURES 1000+SQFT, AMPLE KITCHEN AND BEDROOMS, OPEN LIVING AREA LEADS TO GREAT COVERED BALCONY, LOTS OF NATURAL LIGHT AND BEST OF ALL ITS JUST MINUTES AWAY TO ALL YOUR FAVORITE DESTINATIONS!! CLOSE TO MAJOR HIGHWAYS, SCHOOLS, SHOPPING CENTERS, DINING, ENTERTAINMENT AND MUCH MORE!HOME IS ELIGIBLE FOR HOMEPATH RENOVATION FINANCING, 5% DOWN, NO MORTGAGE INSURANCE REQ'D.

  32. 2014-03-14
    status Pending 457-char remark
    Show marketing remark (457 chars)

    SPACIOUS 3 BEDROOM 2 BATH CONDO AT VENETIA GARDENS SOUTH COMMUNITY IN HOMESTEAD! UNIT FEATURES 1000+SQFT, AMPLE KITCHEN AND BEDROOMS, OPEN LIVING AREA LEADS TO GREAT COVERED BALCONY, LOTS OF NATURAL LIGHT AND BEST OF ALL ITS JUST MINUTES AWAY TO ALL YOUR FAVORITE DESTINATIONS!! CLOSE TO MAJOR HIGHWAYS, SCHOOLS, SHOPPING CENTERS, DINING, ENTERTAINMENT AND MUCH MORE!HOME IS ELIGIBLE FOR HOMEPATH RENOVATION FINANCING, 5% DOWN, NO MORTGAGE INSURANCE REQ'D.

  33. 2014-02-24
    price $69,900 457-char remark
    Show marketing remark (457 chars)

    SPACIOUS 3 BEDROOM 2 BATH CONDO AT VENETIA GARDENS SOUTH COMMUNITY IN HOMESTEAD! UNIT FEATURES 1000+SQFT, AMPLE KITCHEN AND BEDROOMS, OPEN LIVING AREA LEADS TO GREAT COVERED BALCONY, LOTS OF NATURAL LIGHT AND BEST OF ALL ITS JUST MINUTES AWAY TO ALL YOUR FAVORITE DESTINATIONS!! CLOSE TO MAJOR HIGHWAYS, SCHOOLS, SHOPPING CENTERS, DINING, ENTERTAINMENT AND MUCH MORE!HOME IS ELIGIBLE FOR HOMEPATH RENOVATION FINANCING, 5% DOWN, NO MORTGAGE INSURANCE REQ'D.

  34. 2014-01-24
    listed $74,500 Active 457-char remark
    Show marketing remark (457 chars)

    SPACIOUS 3 BEDROOM 2 BATH CONDO AT VENETIA GARDENS SOUTH COMMUNITY IN HOMESTEAD! UNIT FEATURES 1000+SQFT, AMPLE KITCHEN AND BEDROOMS, OPEN LIVING AREA LEADS TO GREAT COVERED BALCONY, LOTS OF NATURAL LIGHT AND BEST OF ALL ITS JUST MINUTES AWAY TO ALL YOUR FAVORITE DESTINATIONS!! CLOSE TO MAJOR HIGHWAYS, SCHOOLS, SHOPPING CENTERS, DINING, ENTERTAINMENT AND MUCH MORE!HOME IS ELIGIBLE FOR HOMEPATH RENOVATION FINANCING, 5% DOWN, NO MORTGAGE INSURANCE REQ'D.

  35. 2006-05-24
    soldstatus $192,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

Current annual tax
$4,357 · $363/mo
Projected year-2 tax
$4,357 · $363/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 6/10 Major FEMA zone X (unshaded) · 61% chance over 30 yrs
  • 🔥 Wildfire 2/10 Low
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 33 d/yr by 30 yrs out
  • 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$26,846
− Mortgage interest
−$12,211
− Property taxes
−$4,357
− Insurance
−$1,090
− Repairs & maintenance
−$2,148
− Management
−$2,148
− HOA
−$4,212
− Depreciation
−$6,342
Taxable loss
−$5,661
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,359
After-tax cash flow
$-810/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Miami-Dade
NCES district ID
1200390
Math proficiency
45% ▼ -16.00%
Reading proficiency
54% ▼ -5.00%
Median HH income
$43,928
Composite
41.76/100
National rank
#3397
State rank
#40 of 73 in FL

Livability — Homestead

Score
78/100
State rank
#158
US rank
#2408

Category grades

Amenities B- Commute A+ Cost of living B Crime C+ Employment C- Housing A+ Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Homestead, FL
County
Miami-Dade County · 2,697,751 people
City population
191,470
Metro
Miami-Fort Lauderdale-Pompano Beach, FL
Population (ZIP)
17,202
Household income
$68,354
Rent vs Own
49.5% rent · 50.5% own
Severe rent burden
687.0

Population outlook (Miami-Dade County) Hauer SSP2

Today (2025)
3,126,439 people
By 2030
3,325,765 · +6.4%
By 2040
3,697,561 · +18.3%
By 2050
4,012,134 · +28.3%
By 2075
4,605,612 · +47.3%
By 2100
4,866,598 · +55.7%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.55)
Race & ethnicity
Hispanic / Latino 63% Two or more races 35% Black 18% White 12%
Hispanic origin (detail)
Mexican 6% Puerto Rican 13% Cuban 25% Dominican 2% Salvadoran 1%
Common ancestry
Hispanic 6% Lithuanian 3% Estonian 1%
Foreign-born
33% · Canada, Dominican Republic, Jamaica
Languages at home
32% English-only · Spanish 60% French/Haitian/Cajun 7% Other Indo-European 1%

Political lean MEDSL · Miami-Dade

2024 margin
R (+11.4) · D 43.9% · R 55.4%
2008→2024 swing
-27.6pp toward R · 2008: 16.1pp · 2024: -11.4pp
All cycles
2024: R+11.4 2020: D+7.3 2016: D+29.6 2012: D+23.7 2008: D+16.1

Not yet ingested

Civics

Market trends

HPI YoY
▼ -5.24%
Current HPI
369.3031
Rent YoY
▼ -3.20%
Metro
Miami-Fort Lauderdale-Pompano Beach, FL
State GDP YoY
▲ 3.28%
F500 in state
36

Industry mix (Fortune 500 HQ in FL)

Industry F500 HQs Revenue

Price history

+13.5% since first listed
21 events — show timeline
  • 2026-04-07 Price Changed $218,000 MARMLS
  • 2026-02-14 Rental Removed $1,695 MARMLS
  • 2026-01-31 Listed $225,000 MARMLS
  • 2026-01-18 Price Changed $1,695 MARMLS
  • 2025-10-15 Listed for Rent $1,750 MARMLS
  • 2017-03-27 Sold (Public Records) $109,000 Public Records
  • 2017-03-27 Sold (Public Records) $109,000 Public Records
  • 2017-03-27 Sold (MLS) $109,000 MARMLS
  • 2017-02-26 Pending MARMLS
  • 2016-12-26 Price Changed $112,500 MARMLS
  • 2016-11-17 Listed $121,500 MARMLS
  • 2014-08-26 Sold (MLS) $65,400 MARMLS
  • 2014-07-25 Pending MARMLS
  • 2014-04-11 Pending MARMLS
  • 2014-03-31 Relisted MARMLS
  • 2014-03-31 Price Changed $64,900 MARMLS
  • 2014-03-27 Relisted MARMLS
  • 2014-03-14 Pending MARMLS
  • 2014-02-24 Price Changed $69,900 MARMLS
  • 2014-01-24 Listed $74,500 MARMLS
  • 2006-05-24 Sold (Public Records) $192,000 Public Records

Property tax history

+6.2%/yr

Latest (2025): $4,357 · +2.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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