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Condominium at 1261 SE 31st Ct # 53, Homestead FL 33035Active
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Condominium
$235,000$214 / sqft

1261 SE 31st Ct # 53, Homestead FL 33035

3
Bedrooms
2
Bathrooms
1,099 sqft
Interior
2004
Year built
$370 / mo
HOA
Condominium
Type

About this home

Great 3BR/2BA Condo with Lake Views! Fantastic opportunity to own a 3-bedroom, 2-bathroom corner unit in a gated community. Located on the 1st floor w/ an extra storage room, this property features beautiful lake views from the kitchen & primary bedroom. The interior boasts tile and laminate flooring, a well-appointed kitchen, and nice bathrooms, with washer and dryer in the unit. Prime location – just minutes from top-rated schools, shopping, US-1, the Turnpike, Homestead Air Reserve Base, Baptist Hospital, & the FPL plant. Low HOA fees, easy-to-maintain property.

Features

  • First Floor Entry
  • Garden View
  • Lake

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$1,558

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$1,188
HOA
$370 / mo

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.

Courtesy of
DeMar Realty

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.

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 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.