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Single Family Residence
$575,000$305 / sqft
24042 SW 114th Pl, Homestead FL 33032
Listed
4
Bedrooms
2
Bathrooms
1,884 sqft
Interior
2013
Year built
$82 / mo
HOA
Single Family Residence
Type
About this home
Great opportunity to own a one-story 4BR/3BA in Silver Palms! Spacious and well-maintained property built in 2013 with granite kitchen, stainless-steel appliances and ample cabinetry. Tile in living areas; wood-look flooring in bedrooms. Interior laundry and 2-car garage. Fenced backyard with paved patio. Resort-style amenities: clubhouse, oversized pool, spa, splash pad, gym, playgrounds, basketball, and 24/7 security. Minutes to the Turnpike, Black Point Marina, schools, shopping, and dining. Schedule your private showing today!
Features
- Closet Cabinetry
- Walk-In Closet(s)
- No Additional Rooms
- None
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$2,990
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $2,908
- HOA
- $82 / mo
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 4-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,800–$9,500.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.