1270 SE 27th St Unit 106
Homestead, FL 33035 · condos · For Sale · 137 days on market
Asking price$239,000
3 beds 2 baths 1,009 sqft
Suggested offer$190,640$48,360 above the est. market value of $190,640.
View on Realtor.com →Listed by Moe Mossa · Savvy Avenue
Typecondos
Built2003
Price / sqft$237
Est. value (own analysis)$190,640
Rent estimate (own analysis)$2,000/mo
HOA$345/mo
Wind10/10Extreme$Heat10/10ExtremeFlood9/10extreme$Wildfire4/10ModerateAir2/10Minor
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Statusfor_sale
Listed date2026-04-18
Removed date—
MLSBeachesMLS #B26017373
Coordinates25.44466, -80.45938
Address1270 SE 27th St Unit 106
CityHomestead
StateFL
Zip33035
Listing ID5108135560
Sourceus-real-estate-listings, cached 2026-08-28
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 | $239,000 |
| Down payment (20.0%) | $47,800 |
| Loan amount | $191,200 |
| Closing costs (5.0%) | $11,950 |
| Total cash to close | $59,750 |
| Income | |
| Rent (comp-derived) | $2,000$24,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $1,840$22,080 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $378$4,541 |
| Insurance (est. scaled by flood & wind risk) | $351$4,206 |
| HOA dues | $345$4,140 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $100$1,200 |
| Total operating expenses | $1,174$14,087 |
| 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) | $100$1,200 |
| 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 | 3 | 2 | 1,302 | $2,400 | 2026-04-26 | — | |
| condos | 3 | 2 | 1,099 | $1,800 | 2026-09-02 | — | |
| apartment | 3 | 2 | 1,099 | $1,850 | 2026-05-22 | — | |
| condos | 3 | 2 | 1,076 | $1,775 | 2026-07-23 | — | |
| condos | 3 | 2 | 1,060 | $1,850 | 2026-07-02 | — | |
| condos | 3 | 3 | 1,302 | $2,000 | 2026-03-21 | — | |
| condos | 3 | 2 | 1,182 | $1,790 | 2026-06-11 | — | |
| condos | 3 | 2 | 1,024 | $1,850 | 2026-06-23 | — | |
| apartment | 3 | 2 | 1,166 | $2,000 | 2025-02-02 | — | |
| condos | 3 | 2 | 1,076 | $1,900 | 2026-08-11 | — | |
| condos | 3 | 2 | 1,024 | $2,000 | 2026-05-03 | — | |
| condos | 3 | 2 | 1,099 | $2,100 | 2026-08-20 | — | |
| condos | 3 | 2 | 1,182 | $1,900 | 2026-08-14 | — | |
| condos | 3 | 2 | 1,099 | $2,300 | 2026-06-23 | — | |
| condos | 3 | 2 | 1,182 | $1,950 | 2026-07-17 | — | |
| apartment | 3 | 2 | 1,182 | $1,800 | 2026-06-26 | — | |
| condos | 3 | 2 | 1,076 | $1,900 | 2026-06-02 | — | |
| condos | 3 | 2 | 1,060 | $1,900 | 2026-07-15 | — | |
| condos | 3 | 2 | 1,076 | $1,900 | 2026-06-18 | — | |
| condos | 3 | 2 | 1,182 | $1,900 | 2026-07-10 | — | |
| condos | 3 | 2 | 1,099 | $2,175 | 2026-08-14 | — | |
| condos | 3 | 2 | 1,182 | $2,000 | 2026-04-14 | — | |
| condos | 3 | 2 | 1,166 | $2,000 | 2026-08-07 | — | |
| condos | 3 | 2 | 1,024 | $2,000 | 2026-08-10 | — | |
| condos | 3 | 2 | 1,060 | $1,900 | 2026-06-29 | — | |
| condos | 3 | 2 | 1,166 | $2,050 | 2026-07-13 | — | |
| condos | 3 | 2 | 1,060 | $2,000 | 2026-07-10 | — | |
| condos | 3 | 2 | 1,182 | $2,000 | 2026-06-27 | — | |
| condos | 3 | 2 | 1,076 | $2,000 | 2026-04-24 | — | |
| condos | 3 | 2 | 1,182 | $2,300 | 2026-08-05 | — | |
| condos | 3 | 2 | 1,166 | $2,000 | 2026-08-03 | — | |
| condos | 3 | 2 | 1,220 | $2,200 | 2026-03-12 | — | |
| condos | 3 | 2 | 1,166 | $2,300 | 2026-08-04 | — | |
| condos | 3 | 2 | 1,166 | $2,200 | 2026-06-08 | — | |
| condos | 3 | 2 | 1,076 | $2,600 | 2026-06-24 | — | |
| condos | 3 | 2 | 1,125 | $2,400 | 2026-05-20 | — | |
| condos | 3 | 3 | 1,328 | $2,500 | 2026-03-16 | — | |
| condos | 3 | 2 | 1,076 | $2,000 | 2026-08-31 | — | |
| condos | 3 | 2 | 1,099 | $2,100 | 2026-08-31 | — | |
| condos | 3 | 2 | 1,099 | $2,200 | 2026-08-31 | — |
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 |
|---|---|---|---|---|---|---|
| 2359 SE 23rd Dr Unit 2359 | condos | 3 | 3 | 1,458 | $200,000 | 2026-08-28 |
| 2826 SE 16th Pl Unit 103 | condos | 3 | 2 | 1,060 | $174,000 | 2026-08-14 |
| 1301 SE 28th Ln Unit 206-42 | condos | 3 | 2 | 1,024 | $199,900 | 2026-08-12 |
| 2324 SE 23rd Rd Unit 2324 | condos | 3 | 3 | 1,519 | $205,000 | 2026-08-03 |
| 2551 SE 16th Ter Unit 101 | condos | 3 | 2 | 1,166 | $227,000 | 2026-07-31 |
| 2911 SE 13th Ave Unit 101-49 | condos | 3 | 2 | 1,099 | $218,000 | 2026-07-09 |
| 1905 San Remo Cir | condo_townhome_rowhome_coop | 3 | 2 | 1,125 | $320,000 | 2026-04-28 |
| 1658 SE 28th Ct Unit 200 | condos | 3 | 2 | 1,076 | $205,000 | 2026-04-24 |
| 1658 SE 28th Ct Unit 101 | condos | 3 | 2 | 1,166 | $210,000 | 2026-04-15 |
| 1251 SE 29th St Unit 201-26 | condos | 3 | 2 | 1,024 | $195,000 | 2026-03-30 |
| 2049 SE 26th Ln Unit 106 | condos | 3 | 2 | 1,220 | $195,000 | 2026-01-08 |
| 1652 SE 28th St Unit 205 | condos | 3 | 2 | 1,076 | $239,000 | 2025-12-12 |
| 2903 SE 17th Ave Unit 102 | condos | 3 | 2 | 1,166 | $232,500 | 2025-12-11 |
| 1662 SE 27th Dr Unit 202 | condos | 3 | 2 | 1,182 | $185,000 | 2025-12-05 |
| 1270 SE 31st Ct Unit 101-35 | condos | 3 | 2 | 1,099 | $206,000 | 2025-11-24 |
| 2503 SE 19th Pl Unit 102A | condos | 3 | 2 | 1,220 | $210,000 | 2025-11-10 |
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 | single_family | 3 | 2 | 2,161 | $569,990 | — |
| 2455 SE 23rd Road | single_family | 3 | 2 | 1,334 | $414,990 | — |
| 2455 SE 23rd Road | single_family | 3 | 2 | 1,828 | $458,990 | — |
| 2455 SE 23rd Road | single_family | 3 | 2 | 1,668 | $397,990 | — |
| Palm Dr & 167th Av | townhomes | 3 | 2 | 1,651 | $444,990 | — |
| 2815 SE 16th Ave Unit 102 | condos | 3 | 2 | 1,166 | $189,000 | — |
| 1651 SE 31st Ct | townhomes | 3 | 3 | 1,518 | $305,000 | — |
| 1543 SE 25th St Unit 204 | condos | 3 | 2 | 1,182 | $200,000 | — |
10-year hold projection
IRR1.4%
Equity multiple1.23x
Total return (10yr)$45,066
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $246,170 | $7,993 | -$7,952 | $189,127 | $57,043 |
| 2 | $253,555 | $8,303 | -$7,672 | $186,912 | $66,643 |
| 3 | $261,162 | $8,624 | -$7,381 | $184,544 | $76,618 |
| 4 | $268,997 | $8,957 | -$7,080 | $182,014 | $86,983 |
| 5 | $277,067 | $9,301 | -$6,768 | $179,310 | $97,756 |
| 6 | $285,379 | $9,658 | -$6,444 | $176,421 | $108,958 |
| 7 | $293,940 | $10,028 | -$6,108 | $173,333 | $120,607 |
| 8 | $302,758 | $10,410 | -$5,761 | $170,033 | $132,725 |
| 9 | $311,841 | $10,806 | -$5,400 | $166,506 | $145,334 |
| 10 | $321,196 | $11,216 | -$5,027 | $162,738 | $158,458 |
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.