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Waterfront · Single Family Residence
$575,000$217 / sqft
1388 SE 27th Ter, Homestead FL 33035
Listed
4
Bedrooms
4
Bathrooms
2,655 sqft
Interior
2021
Year built
$236 / mo
HOA
Single Family Residence
Type
About this home
Take advantage of the ONCE IN A LIFETIME assumable 2.7% INTEREST RATE! Welcome to this beautifully upgraded 4 Bedroom, 3.5 Bathroom lakefront home located in the desirable Riviera community of Homestead. This spacious residence features large living spaces and bedrooms, upgraded tile flooring, and a well-designed layout ideal for modern living. In addition to the primary suite, the home offers a secondary master bedroom / junior suite with its own private bathroom and walk-in closet, perfect for guests or multi-generational living. Enjoy tranquil lake views from the backyard, complete with upgraded pavers in the backyard ideal for relaxing or entertaining. Additional upgrades include a whole-home water purification system and whole home solar panel system, offering both comfort and energy efficiency. The Riviera is a well-maintained community offering resort-style amenities, including a clubhouse, beach entry style pool and spa, pool side cabanas, fitness center, and recreational areas for walking and parks, in a safe and secure gated community all conveniently located near shopping, dining, schools, health care and major highways. This move-in-ready lakefront home combines space, upgrades, and lifestyle — a must see.
Features
- Pantry
- Roman Tub
- Walk-In Closet(s)
- Family Room
- Lake
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
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 4-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $4,000–$10,000.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.