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Listed
Welcome to 2260 NE 42nd Circle, a beautiful 3-bed, 3-bath townhome nestled in the sought-after gated community of Marbella Cove at Waterstone. This spacious residence offers approximately 1,428 sq. ft. of comfortable living space and a private backyard, perfect for relaxing and enjoying the South Florida lifestyle. The thoughtfully designed floor plan features a spacious kitchen with abundant cabinetry and pantry storage, generous living areas, and well-appointed bedrooms. The primary suite offers a walk-in closet, while the convenient first-floor bedroom and full bath provide flexibility for guests, family members, or a home office. Enjoy the exceptional lifestyle offered by Marbella Cove and the master-planned Waterstone community. Residents enjoy a family-friendly atmosphere, gated security, beautiful green spaces, walking paths, playgrounds, community pool and cabana areas, and access to the impressive Waterstone Grand Clubhouse, featuring multiple pools and spas, fitness facilities, recreational areas, playgrounds, and community activities. Ideally located in Homestead with convenient access to the Florida Turnpike and US-1, making commuting throughout Miami-Dade a breeze. The area offers an excellent selection of shopping, restaurants, supermarkets, schools, parks, healthcare, and everyday conveniences. The Florida Keys are also within easy reach, with Key Largo approximately 30 minutes away, while Miami’s vibrant attractions are accessible via major highways.
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 $2,650–$3,300.That is what landlords ask, not what units let for — edit it if you know better.
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.
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.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Request a private or video tour with a local agent.