Interior
- Bedrooms
- 4
- Bathrooms
- 3
- Living area
- 1,940 sq ft
Active · SingleFamilyResidence
$575,000
24164 SW 118th Ave, Homestead, FL 33032
- Beds
- 4
- Baths
- 3
- Living area
- 1,940 sq ft
- $ / sq ft
- $296/sq ft
- Year built
- 2018
- Lot size
- 5,000 sq ft
- HOA fee
- $81
- Annual tax
- —
About this property
Beautiful newer construction home in the highly desirable Silver Palms community by Lennar! Built in 2018 and freshly painted, this well-maintained property offers modern living in one of Homestead’s most sought-after neighborhoods. Enjoy spacious living areas, a functional layout, and a community with great amenities and convenient access to major roads, shopping, dining, and schools. Perfect for buyers looking for a place to call home or for investors seeking a strong opportunity in a growing market. Also available for rent with option to buy. Homestead continues to experience growth and development, making this property an excellent long-term investment opportunity. Easy to show on lockbox-request on Showing Assist
Property location
Get Directions24164 SW 118th Ave, Homestead, FL 33032
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Facts & features
Exterior & Structure
- Property type
- SingleFamilyResidence
- Year built
- 2018
- Lot size
- 5,000 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $81
- County
- Miami-Dade
- MLS listing ID
- A12018319
- 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
$513
- Cap rate
- 6.8%
- Net yield
- 6.8%
- Cash-on-cash return
- 3.8%
- Gross yield
- 10.6%
- Mortgage payment
- $2,726/mo
- Down payment
- $143,750
- Loan amount
- $431,250
- Annual NOI
- $38,866
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.