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Waterfront · Condominium
$169,000$174 / sqft
889 Hamilton Dr # 889E, Homestead FL 33034
Listed
2
Bedrooms
2
Bathrooms
970 sqft
Interior
1985
Year built
$452 / mo
HOA
Condominium
Type
About this home
Beautifully maintained lakefront condo featuring 2 bedrooms and 2 full bathrooms, located on the second floor. This bright and inviting unit offers spacious living, dining, and kitchen areas, perfect for comfortable everyday living. The primary suite includes an en-suite bathroom and beautiful lake views. Step out onto the private screened balcony and enjoy peaceful waterfront scenery, ideal for relaxing after a long day. Located in a secure, gated community with excellent amenities, including a clubhouse, two swimming pools, a basketball court, three lakes, and a playground. Reserved parking is conveniently located right in front of the unit, with ample guest parking available. Enjoy the additional amenities of the Villages of Homestead clubhouse, including a gym, pool, and both indoor and outdoor recreational spaces. Centrally located with easy access to the Florida Turnpike and just a short drive to the Florida Keys. Whether you're an investor or looking for your next home, this property is a fantastic opportunity. Enjoy the 3D virtual tour! May your best start here!
Features
- Second Floor Entry
- East Of Us1
- Screened Balcony
- Lake
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- 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 2-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,350–$5,750.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.