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Single Family Residence
$419,900$288 / sqft
385 NE 31st Ave, Homestead FL 33033
Listed
3
Bedrooms
3
Bathrooms
1,456 sqft
Interior
2006
Year built
$105 / mo
HOA
Single Family Residence
Type
About this home
Discover this 3-bedroom, 2.5-bath home situated on a spacious corner lot in the desirable gated community of Bimini at Oasis. Featuring a one-car garage, this residence offers a functional layout with tile flooring throughout the first floor and wood laminate upstairs. The primary suite includes a walk-in closet and access to a private balcony, creating the perfect space to relax.This home is ideal for buyers looking to add their personal touch and build equity. Residents enjoy access to a state-of-the-art clubhouse and community pool. Conveniently located near Homestead Baptist Hospital, Publix, shopping, dining, and everyday conveniences, with easy access to the Florida Turnpike and major highways. Plus, you're just a short drive from the Florida Keys, making weekend getaways a breeze.
Features
- First Floor Entry
- Entrance Foyer
- Pantry
- Utility/Laundry In Garage
- Lighting
- Open Balcony
- Garden
Leasing
- Minimum lease
- Not stated
- 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 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,200–$5,000.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.