Active · Condominium
$260,000
1420 NE 33rd Ave 201-15, Homestead, FL 33033
- Beds
- 3
- Baths
- 2
- Living area
- 1,062 sq ft
- $ / sq ft
- $245/sq ft
- Year built
- 2005
- Lot size
- —
- HOA fee
- $468 Monthly
- Annual tax
- $6,234
About this property
Excellent investment opportunity with tenant in place through February 2027—start generating rental income from day one! This spacious 3-bedroom, 2-bath condo offers a comfortable layout with a large family room and pleasant views, located in the desirable gated community of Villas at Carmel at Malibu Bay. Residents enjoy resort-style amenities including a clubhouse, pool, fitness center, and playground. Conveniently located near shopping, schools, Baptist Hospital, and major highways, in an area with strong rental demand. A solid income-producing property and a great addition to any investment portfolio. Motivated Seller!!
Interior & exterior features
Appliances
- Dryer
- Dishwasher
- Electric Range
- Electric Water Heater
- Disposal
- Microwave
- Refrigerator
- Washer
Cooling
- Central Air
- Electric
Heating
- Central
- Electric
Views
- Garden
Parking
- Assigned
- Guest
Interior features
- Bedroom On Main Level
- First Floor Entry
- Living Dining Room
- Main Living Area Entry Level
- Pantry
- Walk In Closets
Exterior features
- Patio
Pool
- Association
Flooring
- Laminate
- Tile
construction
- Block
security
- Complex Fenced
- Security Guard
- Smoke Detectors
association_amenities
- Clubhouse
- Fitness Center
- Other
- Playground
- Pool
association_fee_includes
- Amenities
- Common Areas
- Maintenance Structure
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
-$7
- Cap rate
- 5.7%
- Net yield
- 5.7%
- Cash-on-cash return
- -0.1%
- Gross yield
- 12.1%
- Mortgage payment
- $1,233/mo
- Down payment
- $65,000
- Loan amount
- $195,000
- Annual NOI
- $14,702
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.