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Single Family Residence
$585,000$227 / sqft
11625 SW 234th St, Homestead FL 33032
Listed
3
Bedrooms
3
Bathrooms
2,573 sqft
Interior
2014
Year built
$85 / mo
HOA
Single Family Residence
Type
About this home
Reduced! Discover this charming 2 story 3/2.5 home, well maintained and low HOA. Solar panels included in the sale. ** This home has a 3.125% FHA loan assumable for eligible buyers.** spacious residence has 2,573 sq ft of living area, 3,090 total sq ft, and a 5,022 sq ft lot. Built in 2014, this property combines size, location, and lifestyle in one of South Miami-Dade’s growing residential areas. Conveniently located near major roads, shopping, dining, schools, parks, and everyday services. Step outside to enjoy a beautiful patio area with a covered terrace and fully fenced backyard great for entertaining, low maintenance, and ready for your personal touch. This home is perfect for a family looking to for great South Florida living. Original Owner. Silver Palms community offers a pool, gym, and clubhouse, and is conveniently located close to everyday essentials. Great opportunity to own a spacious home in a central location.
Features
- First Floor Entry
- Entrance Foyer
- Laundry Tub
- Pantry
- Walk-In Closet(s)
- Family Room
- Garage Converted
- Fruit Trees
- Room For Pool
- Garden
Leasing
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.