Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,048 sq ft
- Flooring
- Ceramic Tile
- Appliances
- Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
- Cooling
- Electric
- Heating
- Electric
- Furnished
- Unfurnished
Active · Condominium
$260,000
2589 NE 4th St 205, Homestead, FL 33033
- Beds
- 2
- Baths
- 2
- Living area
- 1,048 sq ft
- $ / sq ft
- $248/sq ft
- Year built
- 2007
- Lot size
- —
- HOA fee
- $189 Monthly
- Annual tax
- $5,423
About this property
Fantastic Investment Opportunity for Investors! Impeccably Maintained Condominium with a Lease Agreement in Place until January 2027. Boasting Excellent Condition, this Property is Ideally Situated in Proximity to the Turnpike Entrance, Baptist Hospital, Schools, as well as Premier Shops and Restaurants. Don't miss out on this prime opportunity for a wise investment in the luxury real estate market.
Property location
Get Directions2589 NE 4th St 205, Homestead, FL 33033
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 2007
- Stories
- 2
- Architectural style
- Garden Apartment
- Construction
- Block
- Exterior features
- Balcony
- Pool
- Association
- Waterfront
- Canal Front
- View
- Canal
Parking
- Garage spaces
- 1
- Covered spaces
- 1
- Parking features
- Guest, One Space
HOA, Community & Financials
- Association fee
- $189 Monthly
- Fee inclusions
- Amenities, Common Areas, Maintenance Structure, Parking, Security
- Amenities
- Clubhouse, Fitness Center, Playground, Pool
- Security
- Complex Fenced, Key Card Entry, Other
- Pets allowed
- Conditional, Yes
- Annual tax
- $5,423
- Subdivision
- CARIBBEAN ISLES VILLAS CO
- County
- Miami-Dade
- Days on market
- 438
- MLS listing ID
- A11722421
- Listing status
- Active
Virtual tour
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Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
$316
- Cap rate
- 7.1%
- Net yield
- 7.1%
- Cash-on-cash return
- 5.2%
- Gross yield
- 12.0%
- Mortgage payment
- $1,233/mo
- Down payment
- $65,000
- Loan amount
- $195,000
- Annual NOI
- $18,580
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.