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Single Family Residence
$330,000$393 / sqft
941 SW 7th Pl, Florida City FL 33034
Listed
3
Bedrooms
2
Bathrooms
840 sqft
Interior
1994
Year built
$150 / mo
HOA
Single Family Residence
Type
About this home
Single family residence with brand new Warranted Roof, brand new Warranted Impact Windows and Doors and all new exterior/interior paint in the Village of Palm Bay, a gated private community with pool. This is a 3 bed 2 bath 1 car garage split plan floor model residence or investment property w/ low association fee of only $150 per month. Some kitchen updates, Tile and laminate flooring and a new garage door installed in 2026. A large yard is perfect for entertaining and gardening and has a nice walkway / trail that you can take to the community pool near you. Close to top rated schools, restaurants, hospitals, and shopping with convenient access to the Turnpike and US-1. A perfect location between the Florida Keys and Miami makes this an unbeatable value with VA, FHA, CONV loans available. No rental restrictions and pets are welcome. A dog park and ample green space adds to the community appeal .
Features
- First Floor Entry
- Split Bedroom
- Walk-In Closet(s)
- Utility/Laundry In Garage
- Room For Pool
- Garden
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.
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.