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Condominium
$225,000$191 / sqft
3390 NE 9th St # 201, Homestead FL 33033
Listed
3
Bedrooms
2
Bathrooms
1,176 sqft
Interior
2005
Year built
$285 / mo
HOA
Condominium
Type
About this home
Great opportunity to own a spacious corner unit in the sought-after Monterey at Malibu Bay! Located on the second floor, this 3-bedroom, 2-bath residence offers 1,176 sq. ft. of living area with a comfortable and functional layout, making it a great option for both owner-occupants and investors. The unit features carpet flooring throughout, with tile in the kitchen and bathroom areas, plus the convenience of a washer and dryer located inside the unit. The A/C system was replaced in 2022. Enjoy the community’s excellent clubhouse amenities, including a large resort-style pool and a brand-new fitness center. Conveniently located near major highways and just minutes from Baptist Hospital, Publix, Starbucks, shopping centers, restaurants, and more. A great opportunity to own in a centrally located and desirable community!
Features
- Second Floor Entry
- Open Balcony
- Other View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
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
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
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 $2,900–$12,000.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.