All listings
Active
ActiveSingle Family Residence
$1,200,000$314 / sqft
34600 SW 193rd Ave, Homestead FL 33034
Listed
3
Bedrooms
2
Bathrooms
3,820 sqft
Interior
1986
Year built
None
HOA
Single Family Residence
Type
About this home
Exceptional Development Opportunity! The property consists of approximately 48,352 SF (1.11 acres) of land, offering an attractive opportunity for a developer or investor to explore its redevelopment potential. The value is primarily in the land, and the existing residence is intended for demolition prior to redevelopment. Conceptual renderings illustrate one potential vision for a modern residential/townhome development. Based on preliminary evaluation of the lot size, the site may offer potential for approximately 8–10 townhomes, subject to zoning, density requirements and all applicable governmental approvals. Buyer is responsible for independently verifying zoning, land use, density, allowable number of units, utilities, environmental conditions, permitting, and all other development requirements with the appropriate governmental authorities. Large 1.11-acre parcel • Residential development potential • Growing South Florida market Contact me for additional information or to schedule a private showing.
Features
- First Floor Entry
- Other
- None
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
Approximate — shows the building, not the unit.
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.