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Single Family Residence
$624,900
23371 SW 118 Ave, Homestead FL 33032
Listed
4
Bedrooms
3
Bathrooms
— sqft
Interior
2015
Year built
$85 / mo
HOA
Single Family Residence
Type
About this home
Welcome to this very well maintained 4-bedroom, 2.5-bathroom two-story single-family home. Featuring soaring high ceilings throughout, a spacious and functional two-story layout, 2-car garage, and well maintained interiors. The property also features solar panels, providing an energy-conscious advantage for the new homeowner. The solar panels will be paid off by the SELLER at closing. This brings tremendous savings to the new owner. Residents enjoy top notch resort-style amenities, including a large clubhouse with a fully equipped fitness center, swimming pool, children’s wading pool, basketball court, and much more. With its excellent condition, desirable location, spacious layout, 2-car garage, solar panels, and outstanding community amenities. Don’t miss the opportunity to make this beautiful home yours—schedule your private showing today!
Features
- First Floor Entry
- Attic
- Storage
- 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
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 4-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,800–$9,500.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.