16767 SW 290th Ln, Homestead FL 33030
About this home
NO HOA. NO Flood Zone. Attention Investors!!! I present to you this property, which features a 3-bedroom, 2.5-bathroom unit on the left side, and a 1-bedroom, 1-bathroom unit on the right side. Both units are now completely independent—including their respective yards—as clearly visible in the photographs; currently, the 3/2.5 unit is rented, while the 1/1 unit remains vacant. Both properties feature their own private main entrance and ample parking space for multiple vehicles. Situated on a lot with no rear neighbors—and offering the potential to add a swimming pool in the future—this home is located within the quiet and secure community of Sedona, built by Lennar in 2023. You now have the opportunity to generate a dual income stream from your property, or to use one of the units as your primary residence while renting out the other to generate additional income and help cover your mortgage payments. Enjoy a prime location just a few blocks from Biscayne Drive, and in close proximity to US-1, Krome Avenue, Turnpike Exit 5, local markets, restaurants, Baptist Homestead Hospital, the Air Reserve Base, the Speedway, and the Florida Keys. Serious and interested buyers only, please; the property is currently tenant-occupied, and we wish to avoid causing any inconvenience to the residents.
Features
- First Floor Entry
- Walk-In Closet(s)
- Garage Converted
- Garden
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $4,374
- HOA
- None
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, 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. 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.