26200 SW 132nd Pl

Homestead, FL 33032 · single_family · Pending — under contract · 121 days on market
Asking price$548,900
3 beds 2 baths 1,230 sqft
Suggested offer$439,196$109,704 above the est. market value of $439,196.
View on Realtor.com →
Listed by EDWIN ROMAN · Compass Realty Group
Typesingle_family
Built1987
Price / sqft$446
Est. value (own analysis)$439,196
Rent estimate (own analysis)$2,725/mo
HOANone
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-05-04
Removed date
MLSMiamiMLS #A12012260
Coordinates25.52346, -80.40634
Address26200 SW 132nd Pl
CityHomestead
StateFL
Zip33032
Listing ID5101090983
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33032)

Typical home value (ZHVI)$453,873
Typical rent (ZORI)$2,663/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)

Purchase price$548,900
Down payment (20.0%)$109,780
Loan amount$439,120
Closing costs (5.0%)$27,445
Total cash to close$137,225
Rent (comp-derived)$2,725$32,700
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$32,700
Vacancy rate (assumption) assumption8.0%

$32,700 × 8.0% = $2,616

Effective gross income$2,507$30,084
Property tax (placeholder 1.9% of price)$869$10,429
Insurance (placeholder 0.8% of price)$366$4,391
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$136$1,635
Total operating expenses$1,371$16,455
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$30,084
Total operating expenses derived$16,455

$30,084 − $16,455 = $13,629

Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing)

Monthly Principal & Interest

Standard amortization on the loan amount, at the effective rate and term

Loan amount derived$439,120
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$439,120 amortized at 6.7% over 30 years = $2,822/mo

CapEx reserve (5.0% of GSR)$136$1,635
Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%)$0$0
Cash flow

Monthly Cash Flow

(NOI − Annual Debt Service − Annual CapEx Reserve − Annual PMI) ÷ 12

NOI derived$13,629
Annual debt service derived$33,863
Annual CapEx reserve assumption$1,635
Annual PMI assumption$0

($13,629 − $33,863 − $1,635 − $0) ÷ 12 = -$1,822

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$13,629
Purchase price data$548,900

$13,629 ÷ $548,900 = 2.5%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$21,869
Total cash to close derived$137,225

-$21,869 ÷ $137,225 = -15.9%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$13,629
Annual debt service derived$33,863

$13,629 ÷ $33,863 = 0.40

Rent-to-price (1% rule)

Rent-to-Price (the "1% rule")

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$32,700
Purchase price data$548,900

($32,700 ÷ 12) ÷ $548,900 = 0.5%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$548,900
Gross scheduled rent (annual) comp$32,700

$548,900 ÷ $32,700 = 16.8

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$16,455
Effective gross income derived$30,084

$16,455 ÷ $30,084 = 54.7%

Break-even occupancy

Break-Even Occupancy

(Total OpEx + Annual Debt Service + Annual PMI) ÷ Gross Scheduled Rent

Total operating expenses derived$16,455
Annual debt service derived$33,863
Annual PMI assumption$0
Gross scheduled rent (annual) comp$32,700

($16,455 + $33,863 + $0) ÷ $32,700 = 153.9%

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family321,650$2,995
single_family321,434$3,2952026-08-15
single_family321,235$2,2502026-03-09
single_family311,012$2,3002026-07-31
single_family321,321$3,2002026-08-28
single_family331,612$2,6002026-08-28
single_family321,458$2,6002026-08-20
single_family311,162$2,4992026-08-05
single_family321,144$2,6002026-08-20
single_family311,012$2,2752026-08-20
single_family321,221$2,7002026-04-12
single_family321,444$3,2002026-08-08
single_family321,378$2,800
single_family331,328$3,000
single_family331,530$2,800
single_family321,221$3,700
single_family331,612$2,500
single_family331,514$3,050
single_family311,162$2,4992026-08-19
single_family331,600$2,650
single_family331,514$2,850
single_family331,500$2,650
single_family321,444$3,200
single_family331,530$2,900
single_family331,580$2,900
single_family331,483$2,700
single_family331,548$2,700
single_family331,656$3,100
single_family331,649$3,500
single_family331,334$2,7002026-08-19
single_family331,524$2,6002026-07-01
single_family331,331$2,7502026-08-11
single_family331,331$2,9002026-08-11
single_family321,557$2,6502026-08-31

13143 SW 256th St

Homestead, 33032 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,650
Listed
Days on market

Asking rent: $2,995

View on Zillow →

12827 SW 256th Ter

Homestead, 33032 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,434
Listed2026-08-15
Days on market

Asking rent: $3,295

View on Zillow →

13840 SW 273rd Ter

Homestead, 33032 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,235
Listed2026-03-09
Days on market

Asking rent: $2,250

View on Zillow →

27902 SW 129th Ct

Homestead, 33032 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,012
Listed2026-07-31
Days on market

Asking rent: $2,300

View on Zillow →

12634 SW 256th Ter

Homestead, 33032 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,321
Listed2026-08-28
Days on market

Asking rent: $3,200

View on Zillow →

11833 SW 245th Ter Unit 11833

Homestead, 33032 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,612
Listed2026-08-28
Days on market

Asking rent: $2,600

View on Zillow →

26259 SW 135th Pl

Homestead, 33032 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,458
Listed2026-08-20
Days on market

Asking rent: $2,600

View on Zillow →

27913 SW 131st Ave Unit 27913

Homestead, 33032 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,162
Listed2026-08-05
Days on market

Asking rent: $2,499

View on Zillow →

12205 SW 263rd Ter

Homestead, 33032 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,144
Listed2026-08-20
Days on market

Asking rent: $2,600

View on Zillow →

27922 SW 130th Ct

Homestead, 33032 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,012
Listed2026-08-20
Days on market

Asking rent: $2,275

View on Zillow →

12787 SW 257th St Unit 12787

Homestead, 33032 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,221
Listed2026-04-12
Days on market

Asking rent: $2,700

View on Zillow →

13243 SW 252nd Ln

Homestead, 33032 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,444
Listed2026-08-08
Days on market

Asking rent: $3,200

View on Zillow →

12090 SW 250th Ter # 0

Homestead, 33032 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,378
Listed
Days on market

Asking rent: $2,800

View on Zillow →

12957 SW 232nd Ln # 33032

Homestead, 33032 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,328
Listed
Days on market

Asking rent: $3,000

View on Zillow →

23424 SW 110th Ave

Homestead, 33032 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,530
Listed
Days on market

Asking rent: $2,800

View on Zillow →

25760 SW 127th Pl

Homestead, 33032 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,221
Listed
Days on market

Asking rent: $3,700

View on Zillow →

12950 SW 233rd Ter

Princeton, 33032 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,612
Listed
Days on market

Asking rent: $2,500

View on Zillow →

25532 SW 108th Ave # 0

Homestead, 33032 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,514
Listed
Days on market

Asking rent: $3,050

View on Zillow →

27918 SW 131st Ave

Homestead, 33032 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,162
Listed2026-08-19
Days on market

Asking rent: $2,499

View on Zillow →

11817 SW 246th Ter

Princeton, 33032 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,600
Listed
Days on market

Asking rent: $2,650

View on Zillow →

25556 SW 108th Ave

Homestead, 33032 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,514
Listed
Days on market

Asking rent: $2,850

View on Zillow →

13052 SW 232nd Ln

Princeton, 33032 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,500
Listed
Days on market

Asking rent: $2,650

View on Zillow →

13243 SW 252nd Ln # Fl33032

Homestead, 33032 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,444
Listed
Days on market

Asking rent: $3,200

View on Zillow →

10890 SW 235th St

Princeton, 33032 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,530
Listed
Days on market

Asking rent: $2,900

View on Zillow →

13903 SW 279th Ln # 13903

Homestead, 33032 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,580
Listed
Days on market

Asking rent: $2,900

View on Zillow →

11787 SW 247th Ter

Princeton, 33032 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,483
Listed
Days on market

Asking rent: $2,700

View on Zillow →

12875 SW 243rd Ter

Princeton, 33032 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,548
Listed
Days on market

Asking rent: $2,700

View on Zillow →

23355 SW 113th Psge

Princeton, 33032 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,656
Listed
Days on market

Asking rent: $3,100

View on Zillow →

11387 SW 248th Ter

Princeton, 33032 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,649
Listed
Days on market

Asking rent: $3,500

View on Zillow →

13108 SW 232nd Ln

Princeton, 33032 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,334
Listed2026-08-19
Days on market

Asking rent: $2,700

View on Zillow →

SW 116th Ave

Princeton, 33032 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,524
Listed2026-07-01
Days on market

Asking rent: $2,600

View on Zillow →

13102 SW 232nd Ter

Princeton, 33032 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,331
Listed2026-08-11
Days on market

Asking rent: $2,750

View on Zillow →

23503 SW 129th Ave

Homestead, 33032 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,331
Listed2026-08-11
Days on market

Asking rent: $2,900

View on Zillow →

24833 SW 128th Ct Unit 0

Homestead, 33032 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,557
Listed2026-08-31
Days on market

Asking rent: $2,650

View on Zillow →

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.

AddressTypeBedsBathsLiving sqftSale priceSale date
24911 SW 112th Plsingle_family331,326$378,0002026-08-21
13041 SW 260th Tersingle_family321,275$480,0002026-08-18
12961 SW 268th Stsingle_family321,422$575,0002026-08-13
15280 SW 271st Stsingle_family321,274$660,0002026-08-11
27728 SW 132nd Ctsingle_family321,288$519,0002026-08-07
24930 SW 129th Ctsingle_family321,383$520,0002026-08-04
13205 SW 256th Stsingle_family321,230$560,0002026-07-28
25216 SW 108th Ctsingle_family331,872$470,0002026-07-28
12860 SW 268th Stsingle_family321,740$570,0002026-07-27
12799 SW 257th Stsingle_family321,221$480,0002026-07-24
26220 SW 136th Plsingle_family321,528$415,0002026-07-24
23723 SW 107th Ctsingle_family321,644$530,0002026-07-24
11938 SW 241st Stsingle_family331,726$600,0002026-07-24
26063 SW 138th Ctsingle_family321,152$330,0002026-07-23
23552 SW 107th Plsingle_family321,790$547,5002026-07-22
12972 SW 245th Stsingle_family311,118$390,0002026-07-22
25180 SW 119th Avesingle_family321,684$560,0002026-07-21
10958 SW 247th Tersingle_family331,459$400,0002026-07-17
23813 SW 108th Ctsingle_family321,903$564,0002026-07-13
12742 SW 265th Stsingle_family321,390$490,0002026-07-09
13412 SW 256th Tersingle_family321,298$550,0002026-07-09
25811 SW 132nd Avesingle_family321,318$530,0002026-07-02
24105 SW 124th Avesingle_family322,459$975,0002026-07-02
24401 SW 123rd Avesingle_family321,945$1,000,0002026-07-01
13453 SW 256th Tersingle_family321,343$550,0002026-07-01
26801 SW 144th Ctsingle_family311,015$455,0002026-07-01
25051 SW 129th Ctsingle_family321,786$286,8882026-06-30
12381 SW 264th Stsingle_family321,334$450,0002026-06-30
12854 SW 263rd Tersingle_family321,100$380,0002026-06-26
26215 SW 130th Ctsingle_family321,917$565,0002026-06-26
13050 SW 261st Tersingle_family331,289$470,0002026-06-24
11324 SW 246th Tersingle_family321,554$530,0002026-06-18
25341 SW 129th Ct Unit 917single_family32952$70,0002026-06-18
11837 SW 273rd Lnsingle_family321,459$530,0002026-06-15
13201 SW 276th Tersingle_family321,120$520,0002026-06-15
24923 SW 127th Plsingle_family321,197$498,0002026-06-12
13224 SW 253rd Tersingle_family321,294$505,0002026-06-12
11557 SW 235th Stsingle_family332,573$570,0002026-06-10
11866 SW 253rd Tersingle_family321,684$560,0002026-06-05
13471 SW 278th Tersingle_family321,438$520,0002026-06-05
11800 SW 272nd Tersingle_family321,900$516,0002026-06-04
12800 SW 259th Stsingle_family321,221$500,0002026-06-02
12848 SW 242nd Stsingle_family331,648$480,0002026-05-29
26682 SW 125th Ctsingle_family321,325$375,0002026-05-26
10902 SW 232nd Tersingle_family331,705$445,0002026-05-21
27607 SW 133rd Plsingle_family321,570$605,0002026-05-21
27100 SW 144th Avesingle_family311,281$470,0002026-05-18
13246 SW 276th Lnsingle_family321,157$450,0002026-05-15
12311 SW 264th Stsingle_family321,476$535,0002026-05-14
12055 SW 240th Stsingle_family321,462$1,200,0002026-05-13

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.

AddressTypeBedsBathsSqftAsking priceDays on market
15791 SW 276 Tertownhomes331,381$464,990
12400 SW 248th St Unit 5single_family331,367$429,990
12400 SW 248th St Unit 4single_family331,416$439,990
SW 280th St & 157th Avesingle_family321,599$429,990
SW 124th Ave & SW 248th Sttownhomes331,333$439,990
SW 280th St & 157th Avesingle_family321,416$394,990
15643 SW 280th St Unit 2single_family331,599$429,990
SW 124th Ave & SW 248th Sttownhomes331,333$439,990

10-year hold projection

IRR-0.6%
Equity multiple0.90x
Total return (10yr)$57,723
YearProperty valueNOICash flowLoan balanceEquity
1$565,367$13,629-$21,869$434,359$131,008
2$582,328$14,120-$21,419$429,271$153,057
3$599,798$14,628-$20,953$423,834$175,964
4$617,792$15,153-$20,470$418,023$199,769
5$636,326$15,696-$19,971$411,813$224,512
6$655,415$16,258-$19,455$405,177$250,238
7$675,078$16,839-$18,920$398,085$276,993
8$695,330$17,439-$18,367$390,506$304,824
9$716,190$18,060-$17,795$382,407$333,783
10$737,676$18,702-$17,202$373,751$363,924
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.
All figures are estimates for evaluation purposes only, not investment, tax, legal, or insurance advice. Property tax is estimated from a real matched tax bill or millage rate when available, a placeholder % of price otherwise; insurance is scaled by flood and wind risk where those are known and a flat percentage otherwise — never a real quote. Verify all of them, along with association restrictions and permit status, before committing capital. Rent estimates come from real comps or Zillow’s ZIP index, not appraisals.