1978 SE 23rd Ter, Homestead, FL 33035 — MLS photo

Active · Townhouse

$280,000

1978 SE 23rd Ter, Homestead, FL 33035

Beds: 2
Baths: 3
Living area: 1,431 sq ft
$ / sq ft: $196/sq ft
Year built: 2006
Lot size: —
HOA fee: $680 Monthly
Annual tax: $5,599

About this property

Towngate North in Homestead (33035) is a gated, Mediterranean-style townhome community featuring 2 bedrooms residence, often with 2.5 baths, 1-car garages, and private fenced patios. Located within the Keys Gate area, it offers resort-style amenities, including a clubhouse, pool, tot lot, and 24-hour security, with easy access to Florida's Turnpike.

Property location

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1978 SE 23rd Ter, Homestead, FL 33035

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Facts & features

Interior

Bedrooms: 2
Bathrooms: 3
Living area: 1,431 sq ft
Flooring: Carpet, Tile
Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
Cooling: Central Air, Electric
Heating: Central, Electric
Interior features: Bathtub, First Floor Entry, Other, Upper Level Primary, Walk In Closets

Exterior & Structure

Property type: Townhouse
Year built: 2006
Stories: 2
Architectural style: Cluster Home, None, Other
Construction: CBSConcrete Block Structure, Block
Exterior features: Balcony, Barbecue, Porch, Patio
Pool: Association
View: Garden, None, Other

Parking

Garage spaces: 0
Covered spaces: 0
Parking features: Assigned, Guest, Two Or More Spaces

HOA, Community & Financials

Association fee: $680 Monthly
Fee inclusions: Common Areas, Cable Tv, Insurance, Internet, Maintenance Grounds, Pools, Roof, Sewer, Trash
Amenities: Clubhouse, Pool
Security: Complex Fenced, Security Guard
Pets allowed: Size Limit, Yes
Annual tax: $5,599
Subdivision: TOWNGATE NORTH
County: Miami-Dade
Days on market: 179
MLS listing ID: A12008316
Listing status: Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

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Estimated monthly cash flow

$374

Cap rate: 7.3%
Net yield: 7.3%
Cash-on-cash return: 5.7%
Gross yield: 14.3%
Mortgage payment: $1,327/mo
Down payment: $70,000
Loan amount: $210,000
Annual NOI: $20,418

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