738 SW 7th Ter, Florida City, FL 33034 — MLS photo

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738 SW 7th Ter, Florida City, FL 33034

Active · SingleFamilyResidence

$350,000

738 SW 7th Ter, Florida City, FL 33034

Beds
4
Baths
2
Living area
1,116 sq ft
$ / sq ft
$314/sq ft
Year built
1994
Lot size
5,000 sq ft
HOA fee
$150 Monthly
Annual tax
$5,611

About this property

Welcome to this beautifully maintained 4-bedroom, 2-bathroom home in the desirable Villas of Palm Bay community in Homestead. Move-in ready and thoughtfully updated, this one-story residence features a new roof and A/C installed in 2023, offering added value and peace of mind. Situated on a spacious 5,000-square-foot fenced lot, the property provides plenty of outdoor space for entertaining, gardening, pets, or simply relaxing in your own private backyard. The functional single-story layout offers comfortable everyday living and flexible use of space. Conveniently located near schools, parks, shopping, dining, Baptist Hospital, Homestead Air Reserve Base, and the Florida Turnpike, this home also offers easy access to Biscayne National Park and the Florida Keys. Enjoy a location that combines comfort, convenience, and easy access to everything South Florida has to offer.

Interior & exterior features

Appliances

  • Dryer
  • Electric Range
  • Microwave
  • Refrigerator
  • Washer

Cooling

  • Central Air

Heating

  • Central
  • Electric

Views

  • Garden
  • Ocean

Parking

  • Driveway
  • Paver Block

Interior features

  • Breakfast Bar
  • Built In Features
  • Bedroom On Main Level
  • Closet Cabinetry
  • French Doors Atrium Doors
  • First Floor Entry
  • High Ceilings
  • Living Dining Room
  • Main Level Primary
  • Split Bedrooms
  • Shower Only
  • Walk In Closets

Exterior features

  • Fence
  • Lighting
  • Patio

Pool

  • None
  • Community

Flooring

  • Tile

roof

  • Aluminum
  • Fiberglass

construction

  • Other

security

  • Gated Community

association_fee_includes

  • Common Area Maintenance

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

$193

Cap rate
6.4%
Net yield
6.4%
Cash-on-cash return
2.4%
Gross yield
10.2%
Mortgage payment
$1,659/mo
Down payment
$87,500
Loan amount
$262,500
Annual NOI
$22,226

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