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Single Family Residence
$690,000$261 / sqft
11903 SW 241st St, Homestead FL 33032
Listed
5
Bedrooms
3
Bathrooms
2,640 sqft
Interior
2023
Year built
$257 / mo
HOA
Single Family Residence
Type
About this home
Space to spread out, a flexible layout, and outdoor room to make your own. Built in 2023, this 5-bedroom, 3-bath home in Estates at Silver Palm offers 2,640 sq. ft. of living space on a 5,969 sq. ft. lot, plus a 2-car garage. A bedroom and full bath on the first floor create options for guests or a dedicated workspace, while the upstairs primary bedroom offers a separate retreat. Open living areas connect with the kitchen and dining spaces, with a pantry, walk-in closets, and a laundry room adding everyday convenience. Step outside to enjoy the patio and backyard. Community amenities include a clubhouse, pool, and fitness center. Discover the possibilities of this South Miami-Dade home and arrange your private tour.
Features
- First Floor Entry
- Pantry
- Walk-In Closet(s)
- Utility Room/Laundry
- None
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.
Location
Approximate — shows the building, not the unit.
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.