12080 SW 268th St Unit 28
Homestead, FL 33032 · condos · For Sale · 91 days on market
Asking price$287,000
2 beds 3 baths 1,314 sqft
Suggested offer$171,126$115,874 above the est. market value of $171,126.
View on Realtor.com →Listed by Leslie Perez Mendizabal · Keyes - Sunset
Typecondos
Built2005
Price / sqft$218
Est. value (own analysis)$171,126
Rent estimate (own analysis)$2,320/mo
HOA$260/mo
Wind10/10Extreme$Heat10/10ExtremeFlood9/10extreme$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-06-03
Removed date—
MLSMiamiMLS #A12029864
Coordinates25.51678, -80.38699
Address12080 SW 268th St Unit 28
CityHomestead
StateFL
Zip33032
Listing ID5106625052
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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $287,000 |
| Down payment (20.0%) | $57,400 |
| Loan amount | $229,600 |
| Closing costs (5.0%) | $14,350 |
| Total cash to close | $71,750 |
| Income | |
| Rent (comp-derived) | $2,320$27,840 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,134$25,613 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $454$5,453 |
| Insurance (est. scaled by flood & wind risk) | $421$5,051 |
| HOA dues | $260$3,120 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $116$1,392 |
| Total operating expenses | $1,251$15,016 |
| 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) | $116$1,392 |
| 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 |
|---|---|---|---|---|---|---|---|
| apartment | 2 | 2 | 1,000 | $2,002 | 2025-09-19 | — | |
| condos | 2 | 2 | 1,075 | $1,595 | 2026-05-21 | — | |
| apartment | 2 | 2 | 1,327 | $1,950 | 2026-08-04 | — | |
| condos | 2 | 2 | 1,075 | $1,550 | 2026-07-31 | — | |
| apartment | 2 | 1 | 1,736 | $1,750 | 2026-07-06 | — | |
| condos | 2 | 2 | 1,075 | $1,650 | 2026-08-19 | — | |
| apartment | 2 | 1 | 1,104 | $1,650 | 2026-08-04 | — | |
| condos | 2 | 2 | 1,075 | $1,800 | 2026-06-03 | — | |
| condos | 2 | 2 | 1,075 | $1,950 | 2026-06-17 | — | |
| condos | 2 | 2 | 1,075 | $1,650 | 2026-05-21 | — | |
| condos | 2 | 2 | 1,075 | $1,500 | 2026-01-20 | — | |
| condos | 2 | 2 | 1,075 | $1,800 | 2026-07-23 | — | |
| condos | 2 | 2 | 1,075 | $1,895 | 2024-11-11 | — | |
| apartment | 2 | 1 | 1,104 | $1,650 | 2026-08-04 | — | |
| condos | 2 | 2 | 1,174 | $2,300 | 2026-08-17 | — | |
| condos | 2 | 2 | 1,075 | $1,850 | 2026-08-09 | — | |
| condos | 2 | 2 | 1,075 | $1,800 | 2026-08-07 | — | |
| condos | 2 | 2 | 1,075 | $1,800 | 2026-06-11 | — | |
| condos | 2 | 3 | 1,422 | $2,575 | 2026-06-19 | — | |
| apartment | 2 | 2 | 1,175 | $2,556 | 2026-06-17 | — | |
| apartment | 2 | 2 | 1,175 | $2,556 | 2026-06-18 | — | |
| apartment | 2 | 2 | 1,176 | $2,556 | 2025-11-06 | — | |
| apartment | 2 | 1 | 1,075 | $1,550 | 2026-06-20 | — | |
| apartment | 2 | 2 | 900 | $2,014 | — | — | |
| condos | 2 | 2 | 901 | $2,300 | — | — | |
| apartment | 2 | 2 | 900 | $2,069 | — | — | |
| apartment | 2 | 2 | 900 | $2,014 | — | — | |
| condos | 2 | 2 | 888 | $2,351 | — | — | |
| condos | 2 | 2 | 888 | $2,346 | — | — | |
| condos | 2 | 2 | 901 | $2,340 | — | — | |
| condos | 2 | 2 | 888 | $2,341 | — | — | |
| condos | 2 | 2 | 901 | $2,310 | — | — | |
| apartment | 2 | 2 | 900 | $2,014 | — | — | |
| apartment | 2 | 2 | 1,026 | $2,465 | — | — | |
| apartment | 2 | 2 | 1,026 | $2,445 | — | — | |
| apartment | 2 | 2 | 1,026 | $2,485 | — | — | |
| apartment | 2 | 2 | 1,175 | $2,599 | — | — | |
| apartment | 2 | 2 | 1,175 | $2,599 | — | — | |
| apartment | 2 | 2 | 1,034 | $2,360 | — | — | |
| apartment | 2 | 2 | 1,176 | $2,465 | — | — | |
| condos | 2 | 2 | 942 | $2,225 | — | — | |
| condos | 2 | 2 | 901 | $2,320 | — | — | |
| condos | 2 | 2 | 914 | $2,380 | — | — | |
| condos | 2 | 2 | 901 | $2,320 | — | — | |
| condos | 2 | 2 | 920 | $2,283 | — | — | |
| condos | 2 | 2 | 901 | $2,310 | — | — | |
| condos | 2 | 2 | 914 | $2,390 | — | — | |
| condos | 2 | 2 | 945 | $2,473 | — | — | |
| condos | 2 | 2 | 920 | $2,388 | — | — | |
| condos | 2 | 2 | 942 | $2,290 | — | — | |
| condos | 2 | 2 | 858 | $2,305 | — | — | |
| condos | 2 | 2 | 950 | $2,399 | — | — | |
| condos | 2 | 2 | 920 | $2,293 | — | — | |
| condos | 2 | 2 | 888 | $2,356 | — | — | |
| condos | 2 | 2 | 858 | $2,285 | — | — | |
| condos | 2 | 2 | 901 | $2,340 | — | — | |
| condos | 2 | 2 | 920 | $2,273 | — | — | |
| condos | 2 | 2 | 858 | $2,295 | — | — | |
| condos | 2 | 2 | 901 | $2,300 | — | — | |
| condos | 2 | 2 | 901 | $2,340 | — | — | |
| condos | 2 | 2 | 914 | $2,400 | — | — | |
| condos | 2 | 2 | 858 | $2,285 | — | — | |
| condos | 2 | 2 | 858 | $2,325 | — | — | |
| condos | 2 | 2 | 858 | $2,305 | — | — | |
| condos | 2 | 2 | 965 | $2,450 | — | — | |
| condos | 2 | 2 | 901 | $2,320 | — | — | |
| condos | 2 | 2 | 965 | $2,470 | — | — | |
| condos | 2 | 2 | 888 | $2,361 | — | — | |
| condos | 2 | 2 | 888 | $2,361 | — | — | |
| condos | 2 | 2 | 888 | $2,436 | — | — | |
| apartment | 2 | 2 | 909 | $2,435 | — | — | |
| apartment | 2 | 2 | 1,176 | $2,465 | — | — | |
| apartment | 2 | 2 | 1,034 | $2,554 | — | — | |
| apartment | 2 | 2 | 1,176 | $2,465 | — | — | |
| apartment | 2 | 2 | 1,175 | $2,599 | — | — | |
| apartment | 2 | 2 | 1,034 | $2,786 | — | — | |
| condos | 2 | 3 | 1,314 | $2,375 | 2026-09-01 | — |
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 |
|---|---|---|---|---|---|---|
| 14840 Naranja Lakes Blvd Unit C1L | condos | 2 | 2 | 1,075 | $140,000 | 2026-08-27 |
| 14830 Naranja Lakes Blvd Unit A1M | condos | 2 | 2 | 1,075 | $138,000 | 2026-07-27 |
| 14850 Naranja Lakes Blvd Unit B1K | condos | 2 | 2 | 1,075 | $135,000 | 2026-07-10 |
| 14840 Naranja Lakes Blvd Unit C4L | condos | 2 | 2 | 1,075 | $131,000 | 2026-03-31 |
| 23731 SW 110th Ave | condo_townhome_rowhome_coop | 2 | 2 | 1,130 | $335,000 | 2025-12-11 |
| 14840 Naranja Lakes Blvd Unit C1J | condos | 2 | 2 | 1,075 | $150,000 | 2025-11-25 |
| 14840 Naranja Lakes Blvd Unit C3R | condos | 2 | 2 | 1,075 | $205,000 | 2025-09-08 |
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 |
|---|---|---|---|---|---|---|
| 14830 Naranja Lakes Blvd Unit A1N | condos | 2 | 2 | 1,075 | $154,900 | — |
| 14840 Naranja Lakes Blvd Unit C1L | condos | 2 | 2 | 1,075 | $144,900 | — |
| 14830 Naranja Lakes Blvd Unit A3A | condos | 2 | 2 | 1,075 | $164,900 | — |
| 14850 Naranja Lakes Blvd Unit B1G | condos | 2 | 2 | 1,075 | $157,000 | — |
| 14850 Naranja Lakes Blvd Unit B3A | condos | 2 | 2 | 1,075 | $145,900 | — |
| 23600 SW 122nd Ave | single_family | 2 | 1 | — | $625,000 | — |
| condos | 2 | 2 | 1,075 | $215,000 | — | |
| 14211 SW 272nd Ln | townhomes | 2 | 3 | 1,408 | $339,000 | — |
10-year hold projection
IRR2.4%
Equity multiple1.39x
Total return (10yr)$65,621
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $295,610 | $10,597 | -$8,501 | $227,111 | $68,499 |
| 2 | $304,478 | $10,990 | -$8,143 | $224,450 | $80,028 |
| 3 | $313,613 | $11,396 | -$7,772 | $221,607 | $92,005 |
| 4 | $323,021 | $11,817 | -$7,388 | $218,569 | $104,452 |
| 5 | $332,712 | $12,252 | -$6,990 | $215,322 | $117,389 |
| 6 | $342,693 | $12,703 | -$6,578 | $211,852 | $130,841 |
| 7 | $352,974 | $13,169 | -$6,151 | $208,144 | $144,829 |
| 8 | $363,563 | $13,651 | -$5,709 | $204,182 | $159,381 |
| 9 | $374,470 | $14,150 | -$5,252 | $199,947 | $174,523 |
| 10 | $385,704 | $14,666 | -$4,778 | $195,421 | $190,283 |
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.