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Townhouse
$429,900$247 / sqft
11461 SW 253rd St, Homestead FL 33032
Listed
3
Bedrooms
3
Bathrooms
1,740 sqft
Interior
2017
Year built
$225 / mo
HOA
Townhouse
Type
About this home
Attention VA Buyers: assume the existing VA loan at a 5.75% interest rate—a rare opportunity in today’s market. This beautifully maintained two-story townhouse is located in Artesa, Lennar’s desirable master-planned community. The open-concept living and dining area features tile flooring, abundant natural light, and a distinctive accent wall. The kitchen includes granite countertops, stainless steel appliances, ample cabinetry, and a large peninsula overlooking the dining area. Upstairs, spacious bedrooms include a primary suite with a walk-in closet and private bath. Outside, enjoy a fully fenced backyard with low-maintenance artificial turf and a large covered patio—ideal for dining, grilling, relaxing, or entertaining. Additional features include a one-car garage, private driveway, and low HOA. Artesa offers resort-style amenities including a clubhouse, fitness center, swimming pool and sundeck, basketball courts, and playground. Conveniently located near the Florida Turnpike, US-1, shopping, dining, Homestead Air Reserve Base, and the Florida Keys.
Features
- First Floor Entry
- None
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- Ok To Lease
- Okay To Lease 1st Year
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.
Location
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 $2,650–$3,300.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.