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Single Family Residence
$699,000$344 / sqft
27902 SW 159th Ct, Homestead FL 33031
Listed
3
Bedrooms
3
Bathrooms
2,033 sqft
Interior
2002
Year built
None
HOA
Single Family Residence
Type
About this home
Discover the charm of Redlands living! Nestled in the desirable Redlands area, this inviting home sits on an expansive lot surrounded by lush greenery and tropical landscaping, offering a peaceful setting with plenty of privacy. Inside, an open floor plan creates a welcoming flow, complemented by a modern kitchen with stainless steel appliances and elegant finishes. Step outside to a covered patio and generous outdoor space perfect for entertaining, relaxing, or creating your own tropical retreat. Enjoy the best of both worlds: the tranquility and space of Redlands living with convenient access to Miami's shopping, dining, and everyday essentials. A wonderful opportunity to enjoy space, privacy, and the South Florida lifestyle!
Features
- First Floor Entry
- No Additional Rooms
- Garden
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$3,535
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $3,535
- HOA
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.