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Townhouse at 16229 SW 288th Terrace, Homestead FL 33033Active
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Townhouse
$475,000$261 / sqft

16229 SW 288th Terrace, Homestead FL 33033

4
Bedrooms
1,820 sqft
Interior
2023
Year built
$442 / mo
HOA
Townhouse
Type

About this home

ASSUMABLE VA LOAN Available for for QUALIFIED buyers. MILITARY AND NON-MILITARY CIVILIANS. 4.75% RATE INCREASES YOUR BUYING POWER $400 MONTHLY. Largest model in the community! 2023 BUILD. 4BR/2.5BA townhome offers 1,820 sq. ft. of open-concept living. Includes: spacious kitchen overlooking the dining and living areas, custom window treatments, ceiling fans throughout, backyard pavers, whole-home water filtration, and a reverse-osmosis drinking water system with a dedicated faucet. NOT located in flood zone. Located near: Homestead Air Reserve Base (far enough to not hear planes), the Florida Turnpike, shopping, dining, parks, and the Florida Keys. A rare combination of size, upgrades, location, and newer construction in one of Homestead's fastest-growing communities. Call for viewing. • Largest floor plan in the community • Rare 4-bedroom • Built in 2023 • Not in a flood zone • Owner upgrades • ASSUMABLE 4.75% VA loan TO MILITARY AND NON-MILITARY CIVILIANS • LOW RATE INCREASES BUYING POWER ~$400 MONTHLY. Excellent location near Homestead Air Reserve Base (Far enough NOT to hear planes) and close to the FLORIDA KEYS.

Features

  • Pantry
  • Walk-In Closet(s)
  • Courtyard

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$2,844

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$2,402
HOA
$442 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
The Keyes Company

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 rent, 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. 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.