Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 910 sq ft
Active · Condominium
$249,000
975 NE 33rd Ter 203, Homestead, FL 33033
- Beds
- 2
- Baths
- 2
- Living area
- 910 sq ft
- $ / sq ft
- $274/sq ft
- Year built
- 2005
- Lot size
- —
- HOA fee
- $361
- Annual tax
- —
About this property
Investor opportunity — tenant occupied with lease in place through December 2026, providing immediate rental income. Located in one of Homestead’s most desirable communities, Malibu Bay, this beautifully updated second-floor residence in Monterrey features 2 bedrooms and 2 bathrooms with a bright, open-concept layout. The unit showcases brand-new vinyl flooring throughout, a modern kitchen equipped with Samsung stainless steel appliances, and a new A/C system. Enjoy the convenience of an in-unit washer and dryer, one assigned parking space, and plenty of guest parking. Residents have access to resort-style amenities including a clubhouse, fitness center, and pool. Ideally situated just minutes from the Florida Turnpike, Homestead Hospital, shopping, dining, and Black Point Marina.
Property location
Get Directions975 NE 33rd Ter 203, Homestead, FL 33033
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 2005
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $361
- County
- Miami-Dade
- MLS listing ID
- A11984115
- 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
$10
- Cap rate
- 5.7%
- Net yield
- 5.7%
- Cash-on-cash return
- 0.2%
- Gross yield
- 11.2%
- Mortgage payment
- $1,180/mo
- Down payment
- $62,250
- Loan amount
- $186,750
- Annual NOI
- $14,282
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.