32305 SW 202nd Ave, Homestead, FL 33030 — MLS photo

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32305 SW 202nd Ave, Homestead, FL 33030

Active · SingleFamilyResidence

$725,000

32305 SW 202nd Ave, Homestead, FL 33030

Beds
3
Baths
2
Living area
1,560 sq ft
$ / sq ft
$465/sq ft
Year built
1973
Lot size
54,450 sq ft
HOA fee
—
Annual tax
$4,821

About this property

BACK ON THE MARKET W, Buyer’s Financing Fell Through! Don’t miss this second opportunity! Situated on 1.25 acres, this 3-bedroom, 2-bath concrete block home offers 1,560 SF of living space, privacy, space, and flexibility. The home has been recently renovated with new flooring, fresh interior paint, new windows, and new mini-split A/C units. Major improvements also include a roof (2021), updated electrical panel and wiring (2025), water heater (2025), well (2024), and septic serviced in 2025. The property also features two RV hookups, a covered terrace, storage container, detached shed, and plenty of room for RVs, boats, work equipment, or animals. The previous buyer’s financing fell through — their loss could be your opportunity!

Interior & exterior features

Appliances

  • Microwave
  • Refrigerator

Cooling

  • Wall Window Units

Heating

  • None

Views

  • None

Parking

  • Circular Driveway

Interior features

  • Pantry

Exterior features

  • Fence
  • Porch
  • Patio
  • Shed

Pool

  • None

Flooring

  • Concrete

roof

  • Shingle

construction

  • Block

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

$60

Cap rate
5.8%
Net yield
5.8%
Cash-on-cash return
0.4%
Gross yield
7.9%
Mortgage payment
$3,437/mo
Down payment
$181,250
Loan amount
$543,750
Annual NOI
$41,966

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