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Waterfront · Single Family Residence
$435,000$263 / sqft
1133 NE 40th Rd, Homestead FL 33033
Listed
3
Bedrooms
3
Bathrooms
1,652 sqft
Interior
2006
Year built
$125 / mo
HOA
Single Family Residence
Type
About this home
Welcome to your dream home in Homestead! This stunning single-family home offers everything you've been searching for and more. With 3 spacious bedrooms and 2.5 bathrooms, there's plenty of room for your growing family. The 2-car garage provides ample space for your vehicles and storage needs. But that's not all - this community also boasts a refreshing community pool, perfect for those hot summer days. Imagine lounging by the pool, soaking up the sun, and enjoying quality time with your loved ones. Inside, you'll find a beautifully updated kitchen with new stainless steel appliances that will make any chef's heart skip a beat. The new appliances and blinds add a touch of modern elegance to the space. The fresh painting throughout the home gives it a clean and inviting atmosphere.
Features
- First Floor Entry
- Fire Sprinklers
- Pantry
- Walk-In Closet(s)
- No Additional Rooms
- Canal
Leasing
- Minimum lease
- Not stated
- Ok To Lease
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
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.