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Townhouse
$324,000$218 / sqft
16281 SW 292nd St, Homestead FL 33033
Listed
3
Bedrooms
3
Bathrooms
1,483 sqft
Interior
2023
Year built
$442 / mo
HOA
Townhouse
Type
About this home
ONE HOME WITH TWO UNBEATABLE PURCHASE OPTIONS. Option #1: APPROVED SHORT SALE! YES, 100% Approved Short Sale at asking price (lower than any other home in the area, especially at it's almost new condition) OR Option #2: ASSUMMABLE FHA LOAN OPTION with a FIXED 4.625% interest rate with less than 27 years left. BEST PRICED Townhome in the area! Stunning & spacious 3 bed / 2.5 bath townhome located in Cedar Pointe, one of Homestead’s most exclusive communities. The first floor features upgraded tile throughout with tons of natural light. Home includes two assigned parking spaces. Enjoy a great chef’s kitchen with tall cabinets and top-of-the-line stainless steel appliances, plus the convenience of an in-unit washer and dryer. Cedar Pointe offers resort-style amenities, including a pool, fitness center, clubhouse, playground & plenty of guest parking. HOA payment INCLUDES INTERNET. It's a MUST SEE! Owners have really taken care of this one. Call for a private tour today!
Features
- First Floor Entry
- Other
- Garden View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- 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
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 $2,650–$3,300.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.