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Single Family Residence
$415,000$276 / sqft
722 NW 7th Ave, Homestead FL 33030
Listed
3
Bedrooms
2
Bathrooms
1,501 sqft
Interior
1951
Year built
None
HOA
Single Family Residence
Type
About this home
Get ready to discover the space and potential of this charming 3-bedroom, 2-bath home in a growing Homestead community! With approximately 1,500 sq. ft. of living space on a spacious 7,492 sq. ft. lot, it offers room to make your own and enjoy the South Florida lifestyle. Recent updates include a 2019 roof, 2023 A/C, 2023 water heater, a kitchen remodel completed in 2023, and fresh interior paint. The huge backyard and convenient rear alley access offer added flexibility for parking, a boat or RV, outdoor entertaining, or creating your own backyard retreat. Enjoy a convenient location near shopping centers, local schools, dining, and entertainment. Whether you’re a first-time buyer, a growing household, or an investor, this home is full of possibilities!
Features
- First Floor Entry
- Den/Library/Office
- Family Room
- Fruit Trees
- None
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$2,098
Loan payment and HOA only. Property tax and insurance are significant here and are included.
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,200–$5,100.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.