11347 SW 246th Ter, Homestead, FL 33032 — MLS photo

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11347 SW 246th Ter, Homestead, FL 33032

Active · SingleFamilyResidence

$599,999

11347 SW 246th Ter, Homestead, FL 33032

Beds
3
Baths
2
Living area
1,455 sq ft
$ / sq ft
$412/sq ft
Year built
2003
Lot size
6,000 sq ft
HOA fee
—
Annual tax
—

About this property

Immaculate and move-in ready, this stunning home in the highly sought-after Islandia at Black Point Marina community offers the perfect blend of comfort, style, and peace of mind. Featuring 3 spacious bedrooms, 2 immaculate bathrooms, and a charming barrel tile roof with no HOA or CDD, this property delivers exceptional value. Enjoy major savings and year-round efficiency with solar panels, a backup battery, and an on-demand water heater. The home is fully protected with impact windows and doors, reinforced accordion shutters, an alarm system, and surveillance cameras. A 2-car garage provides ample space and convenience. Step outside to your beautifully finished outdoor retreat with an enclosed patio, artificial turf, paved driveway, and gutters, offering low maintenance living at its best. Ideally located just minutes from Black Point Marina and the Florida Turnpike, this home is an incredible opportunity for buyers seeking quality, convenience, and modern upgrades all in one.

Property location

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11347 SW 246th Ter, Homestead, FL 33032

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Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
1,455 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2003
Lot size
6,000 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A11917773
Listing status
Active

Investment intelligence

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

-$302

Cap rate
5.1%
Net yield
5.1%
Cash-on-cash return
-2.2%
Gross yield
8.5%
Mortgage payment
$2,844/mo
Down payment
$150,000
Loan amount
$449,999
Annual NOI
$30,505

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.