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16525 SW 292nd Ter, Homestead FL 33033
About this home
Investor Alert! Prime Development Opportunity! This handyman special sits on an oversized 10,000 sq. ft. lot in one of the area's fastest-growing and most sought-after neighborhoods. The existing 1,300 sq. ft. home features a new roof and impact windows, offering a strong starting point for a renovation or value-add project. Surrounded by beautiful new construction homes, this property is ideally positioned to capitalize on the neighborhood's continued growth and redevelopment. Whether you're looking to renovate, expand, or build new (buyer to verify zoning and development potential), the possibilities are endless. Conveniently located near schools, shopping centers, and South Dade Park, this property combines location, lot size, and investment potential. Opportunities like this are becoming increasingly rare—don't miss your chance to secure a property in an area where values continue to climb. DO'T MISS THIS OPORTUNITY!!!!
Features
- First Floor Entry
- No Additional Rooms
- Room For Pool
- None
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $2,427
- HOA
- None
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, 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. 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.