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Single Family Residence
$625,000$430 / sqft
131 NW 16th St, Homestead FL 33030
Listed
3
Bedrooms
2
Bathrooms
1,454 sqft
Interior
1961
Year built
None
HOA
Single Family Residence
Type
About this home
Fully remodeled in 2026, this single-story 3-bedroom, 2-bath home in NW Homestead is move-in ready. The open kitchen has white shaker cabinetry, a contrasting gray island with breakfast seating, quartz countertops, a designer tile backsplash and stainless steel appliances. Porcelain tile runs throughout, and impact windows add peace of mind. Outside is a fully fenced 13,500 sq ft lot with fresh tropical landscaping, mature palms and shade trees, room for a pool, and a 1-car garage. Close to shopping, dining and major roadways. Schedule your showing today!
Features
- First Floor Entry
- Den/Library/Office
- Utility/Laundry In Garage
- Room For Pool
- None
Leasing
- Minimum lease
- Not stated
- Ok To Lease
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
Approximate — shows the building, not the unit. Open in maps
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–$5,000.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.