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Pending
Waterfront · Single Family Residence
$410,000$307 / sqft

1201 SE 20th Rd, Homestead FL 33035

3
Bedrooms
2
Bathrooms
1,336 sqft
Interior
2004
Year built
$265 / mo
HOA
Single Family Residence
Type

About this home

Located in the gated Keys Gate community, this lakefront home offers peaceful water views, abundant natural light, and an open layout ideal for entertaining. Interior features include travertine tile flooring, impact front door, accordion shutters, and updated kitchen appliances 2022. Major systems include roof 2004, AC 2004, and water heater 2026. Enjoy a private backyard overlooking the lake with beautiful sunset views. HOA includes internet, Direct TV, HBO Max, alarm monitoring, multiple gated entrances, parks, butterfly parks, and tennis courts. Conveniently located near shopping, dining, Baptist Health Homestead Hospital, the Florida Turnpike, Black Point Marina, Homestead Bayfront Park, and the Florida Keys. 2 pets permitted per household. No association approval required!

Features

  • First Floor Entry
  • No Additional Rooms
  • Room For Pool
  • Garden
  • Lake

Location

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

Estimated loan & HOA

$2,338

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

Principal & interest
$2,073
HOA
$265 / 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
Lamacchia Realty, Inc.

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.