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Waterfront · Condominium
$232,000$194 / sqft
889 Hamilton Dr # 889L, Homestead FL 33034
Listed
3
Bedrooms
2
Bathrooms
1,195 sqft
Interior
1985
Year built
$375 / mo
HOA
Condominium
Type
About this home
Enjoy comfortable Florida living in this spacious 3-bedroom, 2-bathroom residence featuring beautiful lakefront views and a screened-in balcony, perfect for relaxing and enjoying the peaceful surroundings. The home offers the convenience of an in-unit washer and dryer, along with hurricane shutters for added storm protection. Lakeshore Community offers wonderful amenities, including two heated swimming pools, a basketball court, and a playground. Whether you're relaxing by the lake, enjoying the community amenities, or spending time outdoors, this home offers an excellent opportunity to experience the South Florida lifestyle. Don't miss the opportunity to make this inviting lakefront residence your new home!
Features
- Split Bedroom
- Walk-In Closet(s)
- Exterior Cat Walk
- Screened Balcony
- Lake
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- Okay To Lease 1st Year
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 $2,900–$12,000.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.