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Single Family Residence
$520,000$273 / sqft
242 NW 11TH Court, Florida City FL 33034
Listed
5
Bedrooms
1,902 sqft
Interior
2022
Year built
None
HOA
Single Family Residence
Type
About this home
Don't miss this opportunity to own a spacious, approximately 3-year-old CBS home featuring 5 bedrooms and 4.5 bathrooms in Florida City. This well-maintained residence offers a desirable lot location overlooking the community playground, spacious bedrooms, tile flooring, and a freshly painted interior. The modern kitchen features quartz countertops and stainless steel appliances. Additional features include a new washer and dryer and a 1-car garage. The property has a strong rental history and was previously rented for approximately $4,100 per month for two years. Conveniently located near shopping, major roadways, and access to the Florida Keys. Florida City serves as a gateway to the Keys, with Key West approximately three hours away, depending on traffic. Excellent opportunity for an owner-occupant, second-home buyer, or investor. Short-term rental use, if desired, is subject to applicable association restrictions, zoning, licensing, and local regulations. Buyer and buyer's agent to independently verify all information, measurements, rental restrictions, and permitted uses. Photo Disclosure: Some rooms shown in the listing photos have been virtually staged with furniture and décor to help illustrate the potential use, layout, and appearance of the space. Virtual staging is for visualization purposes only. Furniture, décor, and other digitally added items are not included in the sale.
Features
- No Interior Features
- Utility Room/Laundry
- None
- Garden
Location
Approximate — shows the building, not the unit. Open in maps
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 5-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $5,000–$20,000.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.