1420 NE 33rd Ave Unit 201-15 · Homestead, FL
Flood risk 9/10 · Severe
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.99%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk No data
- Hot days now (above threshold)
- —
- Hot days in 30 yrs
- —
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the F 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).
- ARV discount +11.0/15.0
- Cash flow +6.5/30.0
- Condition / age +4.0/5.0
- 1% rule +3.9/10.0
- Livability +3.9/5.0
- Schools +2.3/10.0
- Rent growth +1.8/5.0
- DSCR +0.8/10.0
- Appreciation +0.0/10.0
$260,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Profitable investment 3 Bedroom / 2 Bathroom property in this quaint well kept Homestead Community. This unit features a spacious layout with vaulted ceilings, large kitchen with bright master bedroom, all appliances and carpet throughout. This fabulous community is filled with amenities such as fitness center, pool and clubhouse. Conveniently located near Baptist Hospital, shopping area, restaurants and minutes from the turnpike. Currently rented for $1,200 per month until August 2017.
Key facts
- Gated community
- Clubhouse
- Tenant in place
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath condo listed at $260k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-504 ($-6k/yr) — negative.
- To cash-flow at today's rent, offer at most $187k (28.1% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $231k (11.0% below list).
- Recommended offer: $187k (28.1% below list) — sets the bar for cash-flow.
- Cap rate 4.3% vs local median 3.5% in Homestead — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.
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: Mandarin Lakes K-8 Academy (math 18% / reading 22%, grade F, #2,098 of 2,144 statewide, top 98%, 781 students, 80% FRL); Redland Middle School (math 21% / reading 30%, grade F, #512 of 571 statewide, top 90%, 601 students, 71% 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 23% at this address vs 50% district-wide (-26 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 soft (-2.9%/yr); 877 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 70d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 72% of comp listings sitting > 30 days — soft ceiling on asking rent; 10,051 units permitted in Miami-Dade County in 2024 (7,758 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k 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 41 days — a 3% lower offer ($252k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts since 9y 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 $129k; list at $260k implies a 102% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: flood insurance adds $66/mo; HOA is 20% of rent.
- Climate carrying-cost: severe flood risk; severe wind risk, 99% chance of damaging wind over 30y — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- 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?
- It's been on market 41 days. Have you received any prior offers? Is the seller open to a 28% concession, seller financing, or rate buy-down credit?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- 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?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 0.89% ✗
- Cap rate
- 4.27%
- Cash-on-cash
- -7.21%
- DSCR
- 0.68
- GRM
- 9.4
CMA / ARV
- ARV (median comp)
- $282,174
- List price
- $260,000
- Delta
- -7.86%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 14850 SW 297th St | 0.56mi | 3/2.0 | 1,058 (-0%) | 2mo | $450,000 | $425 | 72 |
| 14521 SW 297th St | 0.52mi | 3/1.0 | 1,056 (-1%) | 1mo | $435,000 | $412 | 70 |
| 30624 SW 152nd Ct | 0.64mi | 3/2.0 | 1,100 (+4%) | 2mo | $499,900 | $454 | 63 |
| 3064 SE 1st Dr #7 | 1.08mi | 3/2.0 | 1,151 (+8%) | 2mo | $243,900 | $212 | 50 |
| 2630 NE 3rd Dr #101 | 1.04mi | 3/2.0 | 1,194 (+12%) | 1mo | $260,000 | $218 | 43 |
| 15398 Garfield Dr | 1.20mi | 3/2.0 | 1,253 (+18%) | 2mo | $459,000 | $366 | 39 |
| 142 SE 28th Ter #6 | 1.13mi | 3/2.5 | 1,325 (+25%) | 2mo | $228,000 | $172 | 37 |
| 30702 SW 155th Ave | 0.94mi | 4/2.0 (+1) | 1,250 (+18%) | 0mo | $480,000 | $384 | 35 |
| 3214 SE 4th Ct | 1.25mi | 2/2.5 (-1) | 1,224 (+15%) | 0mo | $330,000 | $270 | 33 |
| 540 SE 32nd Ave | 1.32mi | 2/2.5 (-1) | 1,224 (+15%) | 0mo | $335,000 | $274 | 33 |
| 15805 SW 300th Ter | 1.27mi | 4/3.0 (+1) | 1,212 (+14%) | 2mo | $530,000 | $437 | 31 |
| 29712 SW 158th Pl | 1.39mi | 4/3.0 (+1) | 1,283 (+21%) | 0mo | $495,000 | $386 | 31 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 0.0% rent growth · sell at horizon
- IRR
- -35.5%
- Equity multiple
- -0.11×
- Total profit
- $-80,651
- Equity at exit
- $38,767
- IRR
- -80.7%
- Equity multiple
- -0.87×
- Total profit
- $-136,289
- Equity at exit
- $22,480
Cash invested: $72,800 (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
Active competition Active MLS
- For sale now
- 3 active
- Median asking
- $244,900 ($229/sqft)
- Median days on market
- 165 d
- This list price
- 67% of active listings are priced below it
- ARV vs active asking
- +16.0% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 33033
- Home prices YoY
- -28.2%
- Rents YoY
- -2.9%
- Active inventory
- 877
- Price-to-rent
- 9.4×
Monthly cashflow live
- Estimated rent
- $2,313 high interval (Pro) →
- Mortgage (P&I)
- −$1,363
- Tax est. 1.5%
- −$325 /mo · $3,900/yr
- Insurance
- −$108
- Flood insurance flood zone
- −$66 /mo · $798/yr
- HOA
- −$468
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$486
- Net cashflow
- $-504
Break-even live
Sensitivity live
| Price | -10% $-324 | -5% $-414 | +0% $-504 | +5% $-594 | +10% $-684 |
|---|---|---|---|---|---|
| Rent | -10% $-687 | -5% $-595 | +0% $-504 | +5% $-413 | +10% $-321 |
| Rate | -1.0pp $-373 | -0.5pp $-438 | base $-504 | +0.5pp $-571 | +1.0pp $-640 |
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
- $65,000
- Closing costs
- $7,800
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 3355 NE 13th Circle Dr Unit 108-28 Homestead, FL | 3.0 | 3.0 | 1234 | $2,250 | $1.82 | 46d | 1 | 0.04mi |
| 3355 NE 13th Circle Dr Unit 201-28 Homestead, FL | 3.0 | 2.0 | 1062 | $2,000 | $1.88 | 42d | 1 | 0.04mi |
| 3355 NE 13th Circle Dr Unit 201-28 Homestead, FL | 3.0 | 2.0 | 1062 | $2,100 | $1.98 | 116d | 1 | 0.04mi |
| 3370 NE 13th Circle Dr Unit 106-20 Homestead, FL | 3.0 | 2.5 | 1169 | $2,000 | $1.71 | 3d | 1 | 0.05mi |
| 3350 NE 13th Circle Dr Unit 201-21 Homestead, FL | 3.0 | 2.0 | 1062 | $1,900 | $1.79 | 6d | 1 | 0.05mi |
| 1395 NE 33rd Ave Unit 206-26 Homestead, FL | 3.0 | 2.0 | 1062 | $2,000 | $1.88 | 45d | 1 | 0.05mi |
| 1395 NE 33rd Ave Unit 105-26 Homestead, FL | 3.0 | 2.5 | 1169 | $2,000 | $1.71 | 11d | 1 | 0.05mi |
| 1480 NE 33rd Ave #108 Homestead, FL | 3.0 | 3.0 | 1234 | $2,150 | $1.74 | 25d | 1 | 0.06mi |
| 1490 NE 33rd Rd #205 Homestead, FL | 3.0 | 2.0 | 1062 | $1,965 | $1.85 | 3d | 1 | 0.06mi |
| 1398 NE 33rd Ave Unit 101-25 Homestead, FL | 3.0 | 2.0 | 1062 | $2,000 | $1.88 | 110d | 1 | 0.06mi |
| 1398 NE 33rd Ave Unit 108-25 Homestead, FL | 3.0 | 3.0 | 1234 | $2,000 | $1.62 | 54d | 1 | 0.06mi |
| 1398 NE 33rd Ave Unit 101-25 Homestead, FL | 3.0 | 2.0 | 1062 | $2,000 | $1.88 | 88d | 1 | 0.06mi |
| 1398 NE 33rd Ave Unit 108-25 Homestead, FL | 3.0 | 3.0 | 1234 | $2,000 | $1.62 | 37d | 1 | 0.06mi |
| 1485 NE 33rd Rd Unit 111-1 Homestead, FL | 3.0 | 2.5 | 1379 | $2,300 | $1.67 | 42d | 1 | 0.09mi |
| 1485 NE 33rd Rd Unit 101-1 Homestead, FL | 2.0 | 2.0 | 1069 | $1,900 | $1.78 | 117d | 1 | 0.09mi |
| 3390 NE 13th Circle Dr Unit 206-19 Homestead, FL | 3.0 | 2.0 | 1062 | $2,000 | $1.88 | 43d | 1 | 0.09mi |
| 1490 NE 33rd Ave Unit 109-13 Homestead, FL | 3.0 | 2.0 | 1379 | $2,300 | $1.67 | 120d | 1 | 0.09mi |
| 3330 NE 13th Circle Dr Unit 111-22 Homestead, FL | 3.0 | 2.5 | 1169 | $2,000 | $1.71 | 101d | 1 | 0.09mi |
| 3330 NE 13th Circle Dr Unit 111-22 Homestead, FL | 3.0 | 2.5 | 1169 | $2,000 | $1.71 | 109d | 1 | 0.09mi |
| 1388 NE 33rd Ave Unit 104-24 Homestead, FL | 3.0 | 2.0 | 1169 | $2,200 | $1.88 | 112d | 1 | 0.09mi |
| 1388 NE 33rd Ave Unit 104-24 Homestead, FL | 3.0 | 2.0 | 1169 | $2,150 | $1.84 | 69d | 1 | 0.09mi |
| 3375 NE 15th Dr Unit 102-12 Homestead, FL | 3.0 | 2.0 | 1379 | $2,200 | $1.60 | 71d | 1 | 0.11mi |
| 1570 NE 33rd Rd Unit 103-11 Homestead, FL | 3.0 | 3.0 | 1234 | $2,100 | $1.70 | 0d | 1 | 0.11mi |
| 3375 NE 15th Dr Unit 102-12 Homestead, FL | 3.0 | 2.0 | 1379 | $2,200 | $1.60 | 120d | 1 | 0.11mi |
| 1575 NE 33rd Ave #105 Homestead, FL | 3.0 | 2.5 | 1169 | $2,200 | $1.88 | 24d | 1 | 0.11mi |
| 1575 NE 33rd Ave #107 Homestead, FL | 3.0 | 2.0 | 1169 | $2,200 | $1.88 | 70d | 1 | 0.11mi |
| 1555 NE 33rd Rd Unit 108-2 Homestead, FL | 3.0 | 2.0 | 1169 | $2,000 | $1.71 | 11d | 1 | 0.12mi |
| 1555 NE 33rd Rd Unit 104-2 Homestead, FL | 3.0 | 2.0 | 1169 | $2,500 | $2.14 | 3d | 1 | 0.12mi |
| 1570 NE 33rd Rd #201 Homestead, FL | 3.0 | 2.0 | 1062 | $1,900 | $1.79 | 72d | 1 | 0.13mi |
| 3365 NE 11th Dr Unit 3365 Homestead, FL | 2.0 | 2.0 | 1258 | $2,300 | $1.83 | 50d | 1 | 0.13mi |
| 3393 NE 11th Dr Homestead, FL | 2.0 | 2.0 | 1258 | $2,198 | $1.75 | 78d | 1 | 0.14mi |
| 3393 NE 11th Dr Homestead, FL | 2.0 | 2.0 | 1258 | $2,399 | $1.91 | 117d | 1 | 0.14mi |
| 3372 NE 11th Dr Unit 3372 Homestead, FL | 2.0 | 2.5 | 1258 | $2,500 | $1.99 | 11d | 1 | 0.16mi |
| 3384 NE 11th Dr Homestead, FL | 3.0 | 2.0 | 1380 | $2,800 | $2.03 | 0d | 1 | 0.16mi |
| 3384 NE 11th Dr Homestead, FL | 3.0 | 2.0 | 1380 | $2,800 | $2.03 | 112d | 1 | 0.16mi |
| 1650 NE 33rd Rd Unit 106-10 Homestead, FL | 3.0 | 2.0 | 1062 | $1,999 | $1.88 | 120d | 1 | 0.17mi |
| 1650 NE 33rd Rd #108 Homestead, FL | 3.0 | 2.5 | 1169 | $2,100 | $1.80 | 100d | 1 | 0.17mi |
| 1650 NE 33rd Ave Unit 205-7 Homestead, FL | 3.0 | 2.0 | 1062 | $1,950 | $1.84 | 120d | 1 | 0.20mi |
| 1690 NE 33rd Ave Unit 210-6 Homestead, FL | 3.0 | 2.0 | 1062 | $1,900 | $1.79 | 67d | 1 | 0.20mi |
| 1690 NE 33rd Ave Unit 210-6 Homestead, FL | 3.0 | 2.0 | 1062 | $2,000 | $1.88 | 117d | 1 | 0.20mi |
Property features AI
Finance
- Financial info
- Pets allowed with size/weight restrictions (maximum 20 lbs)
- HOA & community
- Monthly association feeAssociation fee covers amenities, common areas, and structure maintenanceCommunity amenities include clubhouse, fitness center, playground, and pool
Exterior
- Parking
- Assigned parkingGuest parking1 covered/garage space
- Security
- Complex fencedSecurity guardSmoke detectors
- Utilities
- Central electric heating and cooling
- Home design
- Attached property2-story buildingFaces eastEntry on level 2
- Construction
- Block constructionResale property
- Exterior features
- PatioAssociation pool
Interior
- Kitchen
- Electric rangeDishwasherMicrowaveGarbage disposalRefrigerator
- Bedrooms
- Bedroom located on the main level
- Flooring
- Laminate flooringTile flooring
- Bathrooms
- 2 full bathrooms
- Heating & cooling
- Central heating (electric)Central air conditioning (electric)
- Interior features
- First-floor entryMain living area on entry levelBedroom on main levelLiving/dining roomPantryWalk-in closet(s)
- Laundry & utility
- WasherDryerElectric water heater
HOA detail $468/mo · $5,616/yr condo
- Likely covers
- poolgym
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-09-23days on market $260,000 Active 41 DOM
-
2026-09-22days on market $260,000 Active 40 DOM
-
2026-09-21days on market $260,000 Active 39 DOM
-
2026-09-20days on market $260,000 Active 38 DOM
-
2026-09-19days on market $260,000 Active 37 DOM
-
2026-09-18days on market $260,000 Active 36 DOM
-
2026-09-17days on market $260,000 Active 35 DOM
-
2026-09-16days on market $260,000 Active 34 DOM
-
2026-09-15days on market $260,000 Active 33 DOM
-
2026-09-13days on market $260,000 Active 31 DOM
-
2026-09-12days on market $260,000 Active 30 DOM
-
2026-09-11days on market $260,000 Active 29 DOM
-
2026-09-05days on market $260,000 Active 23 DOM
-
2026-09-04days on market $260,000 Active 22 DOM
-
2026-09-03days on market $260,000 Active 21 DOM
-
2026-08-31days on market $260,000 Active 18 DOM
-
2026-08-29days on market $260,000 Active 16 DOM
-
2026-08-28days on market $260,000 Active 15 DOM
-
2026-08-27days on market $260,000 Active 14 DOM
-
2026-08-26days on market $260,000 Active 13 DOM
-
2026-08-25days on market $260,000 Active 12 DOM
-
2026-08-24days on market $260,000 Active 11 DOM
-
2026-08-23days on market $260,000 Active 10 DOM
-
2026-08-22days on market $260,000 Active 9 DOM
-
2026-08-21days on market $260,000 Active 8 DOM
-
2026-08-20days on market $260,000 Active 7 DOM
-
2026-08-19days on market $260,000 Active 6 DOM
-
2026-08-18days on market $260,000 Active 5 DOM
-
2026-08-17days on market $260,000 Active 4 DOM
-
2026-08-16days on market $260,000 Active 3 DOM
-
2026-08-15days on market $260,000 Active 2 DOM
-
2026-08-14pricedays on market $260,000 Active 1 DOM
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2026-08-11days on market $270,000 Active 142 DOM
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2026-08-10days on market $270,000 Active 141 DOM
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2026-08-09days on market $270,000 Active 140 DOM
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2026-08-08days on market $270,000 Active 139 DOM
-
2026-08-06days on market $270,000 Active 137 DOM
-
2026-08-05days on market $270,000 Active 136 DOM
-
2026-08-04days on market $270,000 Active 135 DOM
-
2026-08-03days on market $270,000 Active 134 DOM
-
2026-07-31days on market $270,000 Active 131 DOM
-
2026-07-28days on market $270,000 Active 128 DOM
-
2026-07-24days on market $270,000 Active 124 DOM
-
2026-07-23days on market $270,000 Active 123 DOM
-
2026-07-22days on market $270,000 Active 122 DOM
-
2026-07-21days on market $270,000 Active 121 DOM
-
2026-07-20days on market $270,000 Active 120 DOM
-
2026-07-18days on market $270,000 Active 118 DOM
-
2026-07-16days on market $270,000 Active 116 DOM
-
2026-07-15days on market $270,000 Active 115 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 9/10 Extreme FEMA zone X (unshaded) · 99% chance over 30 yrs
- Wildfire 1/10 Low
- 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
Loading sold comps map…
Walkable amenities ~0.75 mi
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Taxation est. · year 1
- Rental income
- $27,755
- − Mortgage interest
- −$14,564
- − Property taxes
- −$3,900
- − Insurance
- −$2,098
- − Repairs & maintenance
- −$2,220
- − Management
- −$2,220
- − HOA
- −$5,616
- − Depreciation
- −$7,564
- Taxable loss
- −$10,427
- Est. tax savings @ 24.0%
- +$2,503
- After-tax cash flow
- $-3,546/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.
Condition & rehab AI · 13 photos
This investor-friendly property is in good condition with a tenant in place through February 2027. It offers a solid income-producing asset with a great location and amenities.
Value-add opportunities
- Both Painting the exterior walls — Fresh paint can enhance the curb appeal and make the property more attractive to potential buyers and renters. ↑
- Both Landscaping improvements — Well-maintained landscaping can improve the curb appeal and make the property more attractive to potential buyers and renters. ↑
- Both Upgrading the kitchen appliances — Upgrading the kitchen appliances can make the property more appealing to potential buyers and renters. ↑
- Both Upgrading the bathroom fixtures — Upgrading the bathroom fixtures can make the property more appealing to potential buyers and renters. ↑
- Both Upgrading the flooring — Upgrading the flooring can make the property more appealing to potential buyers and renters. ↑
- Both Upgrading the HVAC system — Upgrading the HVAC system can improve the comfort and energy efficiency of the property, making it more appealing to potential buyers and renters. ↑
- Both Upgrading the windows — Upgrading the windows can improve the energy efficiency and comfort of the property, making it more appealing to potential buyers and renters. ↑
- Both Upgrading the foundation and structure — Upgrading the foundation and structure can improve the overall safety and durability of the property, making it more appealing to potential buyers and renters. ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
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
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Homestead, FL
- County
- Miami-Dade County · 3,126,439 people
- City population
- 191,470
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- Population (ZIP)
- 71,458
- Household income
- $69,635
- Rent vs Own
- Severe rent burden
- 13% of renters
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
- Predominantly Hispanic (71%)
- Race & ethnicity
- Hispanic / Latino 71% Two or more races 28% Black 18% White 9%
- Hispanic origin (detail)
- Mexican 13% Puerto Rican 6% Cuban 28% Dominican 3%
- Common ancestry
- Hispanic 3% Lithuanian 2% Russian 1%
- Foreign-born
- 40% · Canada, Jamaica
- Languages at home
- 32% English-only · Spanish 63% French/Haitian/Cajun 4% 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
- ▼ -179.13%
- Current HPI
- 456.2679
- Rent YoY
- ▼ -2.93%
- 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 |
|---|---|---|
| Industrial Technology | 2 | $29B |
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| Insurance | 2 | $17B |
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| Retail | 1 | $60B |
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
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| Technology Manufacturing | 1 | $35B |
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Price history
+92.6% since first listed9 events — show timeline
- 2026-08-12 Listed $260,000 MARMLS
- 2026-08-11 Listing Removed — MARMLS
- 2026-03-22 Listed $270,000 MARMLS
- 2017-08-25 Sold (MLS) $129,000 MARMLS
- 2017-07-12 Pending — MARMLS
- 2017-07-06 Listed $132,000 MARMLS
- 2017-07-02 Listing Removed — MARMLS
- 2017-06-07 Price Changed $132,000 MARMLS
- 2017-04-04 Listed $135,000 MARMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…