27900 SW 157th Ave, Homestead, FL 33031 — MLS photo

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27900 SW 157th Ave, Homestead, FL 33031

Active · SingleFamilyResidence

$1,750,000

27900 SW 157th Ave, Homestead, FL 33031

Beds
4
Baths
3
Living area
1,856 sq ft
$ / sq ft
$943/sq ft
Year built
1942
Lot size
40,075 sq ft
HOA fee
—
Annual tax
—

About this property

ATTENTION BUILDERS, DEVELOPERS, and INVESTORS!! Prime 1-ACRE inside the UDB; CORNER LOT; HIGH-VISIBILITY LOCATION; STRATEGIC POSITION; SURROUNDED BY MAJOR BUILDER ACTIVITY AND ACTIVE GROWTH CORRIDOR! Existing Residence provides immediate utility while investors evaluate long-term opportunities. Property offered for its location and development/long-term potential. Buyer to conduct due diligence and verify zoning, land use and all development possibilities.

Property location

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27900 SW 157th Ave, Homestead, FL 33031

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Facts & features

Interior

Bedrooms
4
Bathrooms
3
Living area
1,856 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1942
Lot size
40,075 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A12029072
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

-$4,750

Cap rate
2.4%
Net yield
2.4%
Cash-on-cash return
-11.6%
Gross yield
5.6%
Mortgage payment
$8,296/mo
Down payment
$437,500
Loan amount
$1,312,500
Annual NOI
$42,552

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