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Single Family Residence
$389,000$277 / sqft
939 S Bluebird Ln, Homestead FL 33035
Listed
3
Bedrooms
2
Bathrooms
1,406 sqft
Interior
1981
Year built
$110 / mo
HOA
Single Family Residence
Type
About this home
This 3-bedroom, 2-bathroom split-floor-plan home offers real value in the sought-after Villages of Homestead community. It sits on a generous 1/4-acre lot with a spacious backyard, with plenty of room to garden, entertain or add a pool. Tile flows through the main living areas, and the bedrooms have freshly finished concrete floors. The kitchen is updated with granite countertops, and the split floor plan gives the primary suite privacy. The AC was installed in 2025, with new ductwork and a new water heater. The bathrooms are ready for your personal style. The roof is past its insurance standards and life expectancy but remains watertight, which makes this home an excellent candidate for an FHA 203(k) renovation loan that rolls updates into one mortgage. Priced with room to build equity: update the roof and baths and capture the upside. HOA dues are low and paid quarterly, with access to the community clubhouse and pool. Minutes from shopping, dining and the Florida Turnpike. Schedule your showing today!
Features
- First Floor Entry
- Utility/Laundry In Garage
- 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 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.