← Back to results

14070 SW 260th St Apt 103

Homestead, FL 33032 · condos · For Sale · 56 days on market
Asking price$349,900
5 beds 3 baths 1,861 sqft
View on Realtor.com →
Listed by Saud Rai (CRS) · Keyes - Homestead
Typecondos
Built2006
Price / sqft$188
Est. value (own analysis)$400,673
Rent estimate (Zillow ZIP avg)$2,663/mo
HOA$333/mo
Wind10/10Extreme$Heat10/10ExtremeFlood8/10severe$Air2/10MinorWildfire1/10Minimal
Photo 1 of 14070 SW 260th St Apt 103Photo 2 of 14070 SW 260th St Apt 103Photo 3 of 14070 SW 260th St Apt 103Photo 4 of 14070 SW 260th St Apt 103Photo 5 of 14070 SW 260th St Apt 103Photo 6 of 14070 SW 260th St Apt 103Photo 7 of 14070 SW 260th St Apt 103Photo 8 of 14070 SW 260th St Apt 103Photo 9 of 14070 SW 260th St Apt 103Photo 10 of 14070 SW 260th St Apt 103Photo 11 of 14070 SW 260th St Apt 103Photo 12 of 14070 SW 260th St Apt 103Photo 13 of 14070 SW 260th St Apt 103Photo 14 of 14070 SW 260th St Apt 103Photo 15 of 14070 SW 260th St Apt 103Photo 16 of 14070 SW 260th St Apt 103Photo 17 of 14070 SW 260th St Apt 103Photo 18 of 14070 SW 260th St Apt 103Photo 19 of 14070 SW 260th St Apt 103Photo 20 of 14070 SW 260th St Apt 103Photo 21 of 14070 SW 260th St Apt 103Photo 22 of 14070 SW 260th St Apt 103Photo 23 of 14070 SW 260th St Apt 103Photo 24 of 14070 SW 260th St Apt 103Photo 25 of 14070 SW 260th St Apt 103Photo 26 of 14070 SW 260th St Apt 103Photo 27 of 14070 SW 260th St Apt 103Photo 28 of 14070 SW 260th St Apt 103Photo 29 of 14070 SW 260th St Apt 103Photo 30 of 14070 SW 260th St Apt 103Photo 31 of 14070 SW 260th St Apt 103Photo 32 of 14070 SW 260th St Apt 103Photo 33 of 14070 SW 260th St Apt 103Photo 34 of 14070 SW 260th St Apt 103Photo 35 of 14070 SW 260th St Apt 103Photo 36 of 14070 SW 260th St Apt 103Photo 37 of 14070 SW 260th St Apt 103Photo 38 of 14070 SW 260th St Apt 103Photo 39 of 14070 SW 260th St Apt 103Photo 40 of 14070 SW 260th St Apt 103Photo 41 of 14070 SW 260th St Apt 103Photo 42 of 14070 SW 260th St Apt 103Photo 43 of 14070 SW 260th St Apt 103Photo 44 of 14070 SW 260th St Apt 103Photo 45 of 14070 SW 260th St Apt 103Photo 46 of 14070 SW 260th St Apt 103Photo 47 of 14070 SW 260th St Apt 103Photo 48 of 14070 SW 260th St Apt 103Photo 49 of 14070 SW 260th St Apt 103Photo 50 of 14070 SW 260th St Apt 103Photo 51 of 14070 SW 260th St Apt 103Photo 52 of 14070 SW 260th St Apt 103Photo 53 of 14070 SW 260th St Apt 103Photo 54 of 14070 SW 260th St Apt 103Photo 55 of 14070 SW 260th St Apt 103Photo 56 of 14070 SW 260th St Apt 103Photo 57 of 14070 SW 260th St Apt 103Photo 58 of 14070 SW 260th St Apt 103Photo 59 of 14070 SW 260th St Apt 103Photo 60 of 14070 SW 260th St Apt 103Photo 61 of 14070 SW 260th St Apt 103Photo 62 of 14070 SW 260th St Apt 103Photo 63 of 14070 SW 260th St Apt 103Photo 64 of 14070 SW 260th St Apt 103Photo 65 of 14070 SW 260th St Apt 103Photo 66 of 14070 SW 260th St Apt 103Photo 67 of 14070 SW 260th St Apt 103
1 / 67
Photo 1 of 14070 SW 260th St Apt 103Photo 2 of 14070 SW 260th St Apt 103Photo 3 of 14070 SW 260th St Apt 103Photo 4 of 14070 SW 260th St Apt 103Photo 5 of 14070 SW 260th St Apt 103Photo 6 of 14070 SW 260th St Apt 103Photo 7 of 14070 SW 260th St Apt 103Photo 8 of 14070 SW 260th St Apt 103Photo 9 of 14070 SW 260th St Apt 103Photo 10 of 14070 SW 260th St Apt 103Photo 11 of 14070 SW 260th St Apt 103Photo 12 of 14070 SW 260th St Apt 103Photo 13 of 14070 SW 260th St Apt 103Photo 14 of 14070 SW 260th St Apt 103Photo 15 of 14070 SW 260th St Apt 103Photo 16 of 14070 SW 260th St Apt 103Photo 17 of 14070 SW 260th St Apt 103Photo 18 of 14070 SW 260th St Apt 103Photo 19 of 14070 SW 260th St Apt 103Photo 20 of 14070 SW 260th St Apt 103Photo 21 of 14070 SW 260th St Apt 103Photo 22 of 14070 SW 260th St Apt 103Photo 23 of 14070 SW 260th St Apt 103Photo 24 of 14070 SW 260th St Apt 103Photo 25 of 14070 SW 260th St Apt 103Photo 26 of 14070 SW 260th St Apt 103Photo 27 of 14070 SW 260th St Apt 103Photo 28 of 14070 SW 260th St Apt 103Photo 29 of 14070 SW 260th St Apt 103Photo 30 of 14070 SW 260th St Apt 103Photo 31 of 14070 SW 260th St Apt 103Photo 32 of 14070 SW 260th St Apt 103Photo 33 of 14070 SW 260th St Apt 103Photo 34 of 14070 SW 260th St Apt 103Photo 35 of 14070 SW 260th St Apt 103Photo 36 of 14070 SW 260th St Apt 103Photo 37 of 14070 SW 260th St Apt 103Photo 38 of 14070 SW 260th St Apt 103Photo 39 of 14070 SW 260th St Apt 103Photo 40 of 14070 SW 260th St Apt 103Photo 41 of 14070 SW 260th St Apt 103Photo 42 of 14070 SW 260th St Apt 103Photo 43 of 14070 SW 260th St Apt 103Photo 44 of 14070 SW 260th St Apt 103Photo 45 of 14070 SW 260th St Apt 103Photo 46 of 14070 SW 260th St Apt 103Photo 47 of 14070 SW 260th St Apt 103Photo 48 of 14070 SW 260th St Apt 103Photo 49 of 14070 SW 260th St Apt 103Photo 50 of 14070 SW 260th St Apt 103Photo 51 of 14070 SW 260th St Apt 103Photo 52 of 14070 SW 260th St Apt 103Photo 53 of 14070 SW 260th St Apt 103Photo 54 of 14070 SW 260th St Apt 103Photo 55 of 14070 SW 260th St Apt 103Photo 56 of 14070 SW 260th St Apt 103Photo 57 of 14070 SW 260th St Apt 103Photo 58 of 14070 SW 260th St Apt 103Photo 59 of 14070 SW 260th St Apt 103Photo 60 of 14070 SW 260th St Apt 103Photo 61 of 14070 SW 260th St Apt 103Photo 62 of 14070 SW 260th St Apt 103Photo 63 of 14070 SW 260th St Apt 103Photo 64 of 14070 SW 260th St Apt 103Photo 65 of 14070 SW 260th St Apt 103Photo 66 of 14070 SW 260th St Apt 103Photo 67 of 14070 SW 260th St Apt 103
1 / 67
Street view
View full map & nearby schools →

Neighborhood

Show every detail
Statusfor_sale
Listed date2026-07-09
Removed date—
MLSMiamiMLS #A12043888
Coordinates25.52447, -80.41930
Address14070 SW 260th St Apt 103
CityHomestead
StateFL
Zip33032
Listing ID5276781345
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$349,900
Down payment (20.0%)$69,980
Loan amount$279,920
Closing costs (5.0%)$17,495
Total cash to close$87,475
Income
Rent (ZIP avg, ZORI — not bedroom-specific)$2,663$31,956
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$31,956
Vacancy rate (assumption) assumption8.0%

$31,956 × 8.0% = $2,557

Effective gross income$2,450$29,400
Operating expenses
Property tax (placeholder 1.9% of price)$554$6,648
Insurance (est. scaled by flood & wind risk)$455$5,458
HOA dues$333$3,996
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$133$1,598
Total operating expenses$1,475$17,700
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$29,400
Total operating expenses derived$17,700

$29,400 − $17,700 = $11,699

Debt service & reserves
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$279,920
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$279,920 amortized at 6.7% over 30 years = $1,799/mo

CapEx reserve (5.0% of GSR)$133$1,598
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$11,699
Annual debt service derived$21,586
Annual CapEx reserve assumption$1,598
Annual PMI assumption$0

($11,699 − $21,586 − $1,598 − $0) ÷ 12 = -$957

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$11,699
Purchase price data$349,900

$11,699 ÷ $349,900 = 3.3%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$11,485
Total cash to close derived$87,475

-$11,485 ÷ $87,475 = -13.1%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$11,699
Annual debt service derived$21,586

$11,699 ÷ $21,586 = 0.54

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$31,956
Purchase price data$349,900

($31,956 ÷ 12) ÷ $349,900 = 0.8%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$349,900
Gross scheduled rent (annual) comp$31,956

$349,900 ÷ $31,956 = 10.9

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$17,700
Effective gross income derived$29,400

$17,700 ÷ $29,400 = 60.2%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$17,700
Annual debt service derived$21,586
Annual PMI assumption$0
Gross scheduled rent (annual) comp$31,956

($17,700 + $21,586 + $0) ÷ $31,956 = 122.9%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
condos532,640$4,4502026-06-01—

24242 SW 119th Pl Unit 0

Homestead, 33032 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,640
Listed2026-06-01
Days on market—

Asking rent: $4,450

View on Zillow →

Widened to any bedroom count in ZIP. 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
14840 Naranja Lakes Blvd Unit C1Lcondos221,075$140,0002026-08-27
14830 Naranja Lakes Blvd Unit A1Mcondos221,075$138,0002026-07-27
14850 Naranja Lakes Blvd Unit B1Kcondos221,075$135,0002026-07-10
12480 SW 248th St Unit 1condos321,333$391,8902026-04-08
14840 Naranja Lakes Blvd Unit C4Lcondos221,075$131,0002026-03-31
14054 SW 260th St Apt 104condos331,657$315,0002026-02-26
12426 SW 248th St Unit 4condos331,286$385,0002026-02-25
12102 SW 268th Lncondo_townhome_rowhome_coop331,330$385,4402026-02-19
11084 SW 237th Lncondo_townhome_rowhome_coop321,216$352,0002026-02-09
23731 SW 110th Avecondo_townhome_rowhome_coop221,130$335,0002025-12-11
12148 SW 268th Lncondo_townhome_rowhome_coop331,330$393,3632025-11-28
14840 Naranja Lakes Blvd Unit C1Jcondos221,075$150,0002025-11-25
11525 SW 248th Tercondo_townhome_rowhome_coop331,659$398,0002025-11-06
14840 Naranja Lakes Blvd Unit C3Rcondos221,075$205,0002025-09-08

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.

AddressTypeBedsBathsSqftAsking priceDays on market
11731 SW 234th Stsingle_family533,340$750,000—
14319 SW 274th Waysingle_family531,850$439,999—
11938 SW 253rd Tersingle_family542,846$750,000—
12761 SW 256th Stsingle_family551,248$575,000—
13347 SW 274 St Unit 13347townhomes53—$605,000—
24241 SW 113th Psgesingle_family533,399$648,000—
11944 SW 240th Stsingle_family532,418$775,000—
11855 SW 250th Tersingle_family532,896$669,000—

10-year hold projection

IRR1.5%
Equity multiple1.24x
Total return (10yr)$66,976
YearProperty valueNOICash flowLoan balanceEquity
1$360,397$11,699-$11,485$276,885$83,512
2$371,209$12,139-$11,085$273,642$97,567
3$382,345$12,594-$10,671$270,176$112,170
4$393,816$13,065-$10,242$266,472$127,344
5$405,630$13,552-$9,798$262,513$143,117
6$417,799$14,056-$9,338$258,283$159,516
7$430,333$14,578-$8,861$253,762$176,571
8$443,243$15,118-$8,368$248,931$194,312
9$456,540$15,677-$7,856$243,768$212,772
10$470,236$16,255-$7,327$238,250$231,986
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.