16767 SW 290th Ln, Homestead, FL 33030 — MLS photo

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16767 SW 290th Ln, Homestead, FL 33030

Active · SingleFamilyResidence

$864,980

16767 SW 290th Ln, Homestead, FL 33030

Beds
4
Baths
4
Living area
2,654 sq ft
$ / sq ft
$326/sq ft
Year built
2023
Lot size
13,049 sq ft
HOA fee
—
Annual tax
$13,530

About this property

NO HOA. NO Flood Zone. Attention Investors!!! I present to you this property, which features a 3-bedroom, 2.5-bathroom unit on the left side, and a 1-bedroom, 1-bathroom unit on the right side. Both units are now completely independent—including their respective yards—as clearly visible in the photographs; currently, the 3/2.5 unit is rented, while the 1/1 unit remains vacant. Both properties feature their own private main entrance and ample parking space for multiple vehicles. Situated on a lot with no rear neighbors—and offering the potential to add a swimming pool in the future—this home is located within the quiet and secure community of Sedona, built by Lennar in 2023. You now have the opportunity to generate a dual income stream from your property, or to use one of the units as your primary residence while renting out the other to generate additional income and help cover your mortgage payments. Enjoy a prime location just a few blocks from Biscayne Drive, and in close proximity to US-1, Krome Avenue, Turnpike Exit 5, local markets, restaurants, Baptist Homestead Hospital, the Air Reserve Base, the Speedway, and the Florida Keys. Serious and interested buyers only, please; the property is currently tenant-occupied, and we wish to avoid causing any inconvenience to the residents.

Property location

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16767 SW 290th Ln, Homestead, FL 33030

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Facts & features

Interior

Bedrooms
4
Bathrooms
4
Living area
2,654 sq ft
Flooring
Tile
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
Cooling
Central Air, Ceiling Fans
Heating
Electric
Interior features
Bedroom On Main Level, Convertible Bedroom, Dining Area, Separate Formal Dining Room, First Floor Entry, Shower Only, Walk In Closets
Furnished
Unfurnished

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2023
Lot size
13,049 sq ft
Architectural style
Detached, One Story
Roof
Flat, Tile
Construction
Block
Exterior features
Fence, Security High Impact Doors, Patio
Pool
None
View
Garden

Parking

Garage spaces
0
Covered spaces
0
Parking features
Driveway

HOA, Community & Financials

Security
Smoke Detectors
Pets allowed
No, Yes
Annual tax
$13,530
Subdivision
RAMBO
County
Miami-Dade
Days on market
152
MLS listing ID
A12020445
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

$708

Cap rate
6.7%
Net yield
6.7%
Cash-on-cash return
3.5%
Gross yield
9.9%
Mortgage payment
$4,100/mo
Down payment
$216,245
Loan amount
$648,735
Annual NOI
$57,700

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