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Single Family Residence
$450,000$218 / sqft
3940 NE 10th Dr, Homestead FL 33033
Listed
5
Bedrooms
4
Bathrooms
2,063 sqft
Interior
2006
Year built
$135 / mo
HOA
Single Family Residence
Type
About this home
Welcome to Portofino Palms in the desirable Waterstone Community! This spacious home features a stunning façade and excellent curb appeal, high ceilings, and a large 2-car garage offering plenty of room for vehicles, storage, hobbies, or additional uses. The first floor includes a convenient half bath, spacious living room with two large windows providing abundant natural light. There is also a primary suite with a full bathroom and dual sinks on the first floor. The generously sized kitchen offers plenty of flexibility with room for an island, small breakfast table and chairs, additional cabinetry, or an expanded pantry. Upstairs, you'll find four spacious bedrooms, two additional full bathrooms, and a full-size washer and dryer closet. Located in a well-maintained, private gated community with a low HOA, residents enjoy outstanding amenities including tranquil walking paths, community pool, fitness center, playground, and much more. Priced to sell, and with a little TLC, this home has tremendous potential to quickly become your dream home! And best of all - it's in the Heart of Homestead! EASY TO SHOW!!!
Features
- First Floor Entry
- Other
- Split Bedroom
- Volume Ceilings
- No Additional Rooms
- Fruit Trees
- Garden
Leasing
- Minimum lease
- Not stated
- Ok To Lease With Res
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 5-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $5,000–$20,000.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.