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Single Family Residence
$520,000$362 / sqft
15405 SW 298th Ter, Homestead FL 33033
Listed
3
Bedrooms
2
Bathrooms
1,438 sqft
Interior
1964
Year built
None
HOA
Single Family Residence
Type
About this home
This updated 3-bedroom home in Homestead sits on a 7,000 SF lot and comes with a brand new 2026 roof, which means no roof replacement on the horizon and a stronger position when shopping for insurance. Porcelain tile runs throughout the entire home for a clean, seamless look built for South Florida living. The kitchen has been updated with a modern finish, and the bathrooms have been refreshed as well, so you can move right in without a renovation timeline. Out back, a covered patio and a generous yard give you room to relax, garden, or entertain. Set in an established neighborhood with quick access to US-1, the Turnpike, shopping, and dining. Updated homes with a brand new roof at this size rarely last long. Schedule your showing today.
Features
- First Floor Entry
- Built-in Features
- Closet Cabinetry
- Other
- Split Bedroom
- Walk-In Closet(s)
- Family Room
- Utility Room/Laundry
- Room For Pool
- Garden
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 $3,200–$5,100.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.