All listings
Active
ActiveSingle Family Residence
$699,000$243 / sqft
1516 NE 1st Street, Homestead FL 33033
Listed
5
Bedrooms
4
Bathrooms
2,878 sqft
Interior
2026
Year built
$126 / mo
HOA
Single Family Residence
Type
About this home
Discover this stunning Grandcourt MultiGen home, featuring 5 bedrooms, 3.5 bathrooms, and a 2-car garage. Thoughtfully designed for multigenerational living, this home offers a dedicated first-floor space that provides comfort, privacy, and flexibility for extended family members, all under one roof. This beautiful home has everything you’ve been looking for, including stainless steel appliances, impact-resistant windows, and an incredibly spacious backyard with plenty of room for a future pool! Conveniently located just off Exit 2 of Florida’s Turnpike, this desirable residential community offers easy access to shopping, dining, grocery stores, and everyday essentials. Plus, you’re just approximately 25 minutes from the Upper Florida Keys! BRAND NEW HOME! CALL FOR A TOUR AND MOVE IN SPECIALS. Restrictions may apply* Pictures, photographs, features, colors & sizes are approximate for illustrations purposes only and will vary from the homes as built. These are not of the actual home but are similar to the home being built.
Features
- First Floor Entry
- Entrance Foyer
- Pantry
- Volume Ceilings
- Walk-In Closet(s)
- Great Room
- Loft
- Maid/In-Law Quarters
- Utility Room/Laundry
- Lighting
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 5-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $5,000–$20,000.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.