2455 SE 23rd Rd
Homestead, FL 33035 · single_family · Ready To Build · 5 days on market
Asking price$559,990
4 beds 2 baths 1,875 sqft
Suggested offer$479,644$80,346 above the est. market value of $479,644.
View on Realtor.com →Listed by Altamira - Granada Collection
Typesingle_family
Built—
Price / sqft$299
Est. value (own analysis)$479,644
Rent estimate (own analysis)$3,250/mo
HOANone
1 / 24
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Statusready_to_build
Listed date2026-08-29
Removed date—
MLSLennar #1875
Coordinates25.44910, -80.43880
Address2455 SE 23rd Rd
CityHomestead
StateFL
Zip33035
Listing ID417000815526
Sourceus-real-estate-listings, cached 2026-08-31
ZIP market snapshot (33035)
Typical home value (ZHVI)$331,237
Typical rent (ZORI)$2,328/mo
Zillow Research's ZHVI (home value index) and ZORI (rent index) for this ZIP, as of 2026-07 — free published data, refreshed monthly, no RentCast quota spent. "Typical value/rent" is a smoothed index, not a literal median of active listings.
Underwriting (buy-and-hold, default assumptions)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $559,990 |
| Down payment (20.0%) | $111,998 |
| Loan amount | $447,992 |
| Closing costs (5.0%) | $28,000 |
| Total cash to close | $139,998 |
| Income | |
| Rent (comp-derived) | $3,250$39,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,990$35,880 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $887$10,640 |
| Insurance (placeholder 0.8% of price) | $373$4,480 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $163$1,950 |
| Total operating expenses | $1,422$17,070 |
| Net operating income (NOI) | |
| Debt service & reserves | |
| Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing) | |
| CapEx reserve (5.0% of GSR) | $163$1,950 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
Same ZIP. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 4 | 3 | 1,928 | $2,425 | — | — | |
| single_family | 4 | 3 | 2,451 | $3,850 | 2026-08-03 | — | |
| single_family | 4 | 3 | 1,928 | $3,100 | 2026-08-01 | — | |
| single_family | 4 | 3 | 2,122 | $3,275 | 2026-07-28 | — | |
| single_family | 4 | 2 | 1,654 | $3,250 | 2026-07-11 | — | |
| single_family | 4 | 3 | 1,870 | $3,300 | 2026-05-06 | — | |
| single_family | 4 | 3 | 2,326 | $3,500 | 2026-06-11 | — | |
| single_family | 4 | 3 | 2,190 | $3,995 | 2026-08-06 | — | |
| single_family | 4 | 3 | 2,002 | $4,250 | 2026-08-18 | — | |
| single_family | 4 | 3 | 1,968 | $3,695 | 2026-05-26 | — | |
| single_family | 4 | 3 | 1,423 | $2,399 | — | — | |
| single_family | 4 | 3 | 1,820 | $3,000 | — | — | |
| single_family | 4 | 3 | 1,883 | $3,000 | — | — | |
| single_family | 4 | 3 | 1,820 | $2,950 | — | — | |
| single_family | 4 | 3 | 1,374 | $2,850 | — | — | |
| single_family | 4 | 4 | 1,850 | $3,250 | 2026-08-14 | — |
Same ZIP & bedroom count. Closed sales from Realtor.com over the last 12 months, matched to this property's type — real transaction prices, not asking prices. Falls back to Miami-Dade County public records (property appraiser tax roll) when Realtor.com has no sales on file for the area.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 6734988932 | single_family | 4 | 3 | 1,928 | $495,000 | 2026-08-24 |
| 2064 SE 19th St | single_family | 4 | 3 | 2,631 | $520,000 | 2026-08-06 |
| 2022 SE 18th St | single_family | 4 | 3 | 2,786 | $525,000 | 2026-08-04 |
| 2243 SE 14th Cir | single_family | 4 | 2 | 2,122 | $560,000 | 2026-07-31 |
| 1731 SE 16th Ave | single_family | 4 | 3 | 2,326 | $510,000 | 2026-07-27 |
| 2001 SE 14th Cir | single_family | 4 | 3 | 2,052 | $599,000 | 2026-07-24 |
| 1752 S Anhinga Ln | single_family | 4 | 2 | 2,050 | $535,000 | 2026-07-23 |
| 1922 SE 22nd Ct | single_family | 4 | 2 | 2,578 | $440,000 | 2026-07-06 |
| 2021 SE 17th Ave | single_family | 4 | 3 | 2,122 | $560,000 | 2026-06-05 |
| 2625 Fairways Dr | single_family | 4 | 3 | 3,274 | $750,000 | 2026-06-05 |
| 1925 SE 17th Ct | single_family | 4 | 3 | 2,783 | $525,000 | 2026-06-04 |
| 2130 SE 16th Ave | single_family | 4 | 3 | 2,069 | $520,000 | 2026-06-03 |
| 2819 Augusta Ln | single_family | 4 | 3 | 2,099 | $500,000 | 2026-05-28 |
| 2762 SE 25th Ct | single_family | 4 | 3 | 2,399 | $591,340 | 2026-05-28 |
| 1483 SE 22nd Ln | single_family | 4 | 3 | 2,122 | $520,000 | 2026-05-22 |
| 2752 SE 24th Ct | single_family | 4 | 3 | 1,875 | $525,000 | 2026-05-22 |
| 2518 SE 15th Pl | single_family | 4 | 3 | 1,423 | $260,000 | 2026-05-19 |
| 1412 SE 27th Ter | single_family | 4 | 3 | 2,451 | $525,000 | 2026-04-20 |
| 1780 SE 19th Ter | single_family | 4 | 3 | 1,958 | $457,000 | 2026-03-13 |
| 1635 SE 20th Ter | single_family | 4 | 3 | 1,874 | $475,500 | 2026-03-12 |
| 2264 SE 30th St | single_family | 4 | 2 | 2,240 | $598,200 | 2026-03-12 |
| 2755 Dunwoodie Pl | single_family | 4 | 3 | 2,118 | $550,000 | 2026-03-12 |
| 1884 SE 19th St | single_family | 4 | 4 | 2,633 | $520,000 | 2026-03-04 |
| 2482 SE 30th St | single_family | 4 | 3 | 2,189 | $571,940 | 2026-02-26 |
| 2821 Augusta Dr | single_family | 4 | 3 | 2,099 | $475,000 | 2026-02-23 |
| 2322 SE 30th St | single_family | 4 | 3 | 2,319 | $697,300 | 2025-12-31 |
| 2362 SE 30th St | single_family | 4 | 3 | 2,319 | $636,300 | 2025-12-30 |
| 1695 N Bluebird Ln | single_family | 4 | 2 | 2,354 | $550,000 | 2025-12-30 |
| 2382 SE 30th St | single_family | 4 | 3 | 2,108 | $556,300 | 2025-12-11 |
| 2383 SE 30th St | single_family | 4 | 3 | 2,108 | $591,200 | 2025-12-05 |
| 2443 SE 30th St | single_family | 4 | 3 | 2,108 | $537,300 | 2025-12-05 |
| 2015 SE 18th Ct | single_family | 4 | 3 | 2,141 | $525,000 | 2025-12-05 |
| 2272 SE 30th St | single_family | 4 | 3 | 2,319 | $636,200 | 2025-12-05 |
| 2288 SE 30th St | single_family | 4 | 3 | 2,319 | $637,500 | 2025-12-04 |
| 2902 Augusta Dr | single_family | 4 | 3 | 2,099 | $499,900 | 2025-12-01 |
| 2448 SE 27th Ter | single_family | 4 | 2 | 2,002 | $543,800 | 2025-11-14 |
| 906 Cardinal Pl | single_family | 4 | 2 | 1,840 | $513,000 | 2025-11-14 |
| 2418 SE 27th Ter | single_family | 4 | 2 | 2,460 | $625,100 | 2025-11-12 |
| 2971 SE 23rd Ave | single_family | 4 | 3 | 2,319 | $607,600 | 2025-11-06 |
| 2532 SE 25th Ct | single_family | 4 | 2 | 2,002 | $528,000 | 2025-11-03 |
| 2217 SE 30th St | single_family | 4 | 3 | 2,189 | $602,640 | 2025-10-30 |
| 2205 SE 30th St | single_family | 4 | 3 | 2,217 | $642,690 | 2025-10-30 |
| 2235 SE 20th Ave | single_family | 4 | 3 | 2,578 | $640,000 | 2025-10-27 |
| 2224 SE 30th St | single_family | 4 | 3 | 2,319 | $697,300 | 2025-10-22 |
| 1940 SE 21st Ct | single_family | 4 | 4 | 3,161 | $560,000 | 2025-10-20 |
| 2448 SE 25th Ct | single_family | 4 | 2 | 2,002 | $542,800 | 2025-10-17 |
| 2216 SE 30th St | single_family | 4 | 3 | 2,265 | $571,500 | 2025-10-10 |
| 2534 SE 25th Ct | single_family | 4 | 2 | 2,002 | $524,000 | 2025-10-07 |
| 2813 Augusta Ln | single_family | 4 | 3 | 2,025 | $595,000 | 2025-10-02 |
| 1830 SE 14th Cir | single_family | 4 | 3 | 2,052 | $520,000 | 2025-09-26 |
Same ZIP. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 2455 SE 23rd Rd | townhomes | 4 | 3 | 2,217 | $684,990 | — |
| 2455 SE 23rd Rd | single_family | 4 | 3 | 1,982 | $660,990 | — |
| 17602 SW 286 St | single_family | 4 | 3 | 2,189 | $712,640 | — |
| 2222 SE 24th Pl Unit 2222 | townhomes | 4 | 3 | 1,846 | $289,900 | — |
| 1567 SE 20th Ave | single_family | 4 | 3 | 1,928 | $469,999 | — |
| 1361 SE 16th Ave | single_family | 4 | 3 | 1,968 | $449,000 | — |
| 2357 SE 23rd Dr Unit 2357 | townhomes | 4 | 3 | 1,846 | $285,000 | — |
| 1971 SE 21st Ct | single_family | 4 | 3 | 2,578 | $625,000 | — |
10-year hold projection
IRR1.7%
Equity multiple1.28x
Total return (10yr)$112,048
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $576,790 | $18,810 | -$17,687 | $443,135 | $133,655 |
| 2 | $594,093 | $19,460 | -$17,086 | $437,944 | $156,149 |
| 3 | $611,916 | $20,131 | -$16,465 | $432,397 | $179,520 |
| 4 | $630,274 | $20,825 | -$15,822 | $426,468 | $203,805 |
| 5 | $649,182 | $21,541 | -$15,158 | $420,133 | $229,049 |
| 6 | $668,657 | $22,282 | -$14,471 | $413,363 | $255,295 |
| 7 | $688,717 | $23,047 | -$13,761 | $406,128 | $282,590 |
| 8 | $709,379 | $23,837 | -$13,028 | $398,395 | $310,983 |
| 9 | $730,660 | $24,654 | -$12,269 | $390,132 | $340,528 |
| 10 | $752,580 | $25,498 | -$11,485 | $381,302 | $371,278 |
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.