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Waterfront · Townhouse
$315,000$208 / sqft

1651 SE 31st Ct, Homestead FL 33035

3
Bedrooms
3
Bathrooms
1,518 sqft
Interior
2005
Year built
$350 / mo
HOA
Townhouse
Type

About this home

Lake front Corner Unit Home with 3- bedroom, 2.5- bathrooms in gated community. Recently upgraded community pool with plenty of parking. Strategically designed two-story layout featuring comfortable living space with lake views. Conveniently located near shops, parks, schools and highways like Turnpike and US1. Short Drive to Key Largo. A brand new Publix at walking distance. Everything you need for a placid South Florida living.

Features

  • First Floor Entry
  • Closet Cabinetry
  • Cooking Island
  • Pantry
  • Split Bedroom
  • Walk-In Closet(s)
  • Lake

Estimated loan & HOA

$1,943

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

Principal & interest
$1,593
HOA
$350 / 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
The Keyes Company

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.