16900 SW 296th St
Homestead, FL 33030 · single_family · For Sale · 17 days on market
Asking price$949,900
4 beds 4 baths 2,678 sqft
Suggested offer$849,473$100,427 above the est. market value of $849,473.
View on Realtor.com →Listed by Saud Rai (CRS) · Keyes - Homestead
Typesingle_family
Built2006
Price / sqft$355
Est. value (own analysis)$849,473
Rent estimate (own analysis)$4,300/mo
HOANone
1 / 82
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Statusfor_sale
Listed date2026-08-17
Removed date—
MLSMiamiMLS #A12068789
Coordinates25.49155, -80.46541
Address16900 SW 296th St
CityHomestead
StateFL
Zip33030
Listing ID5675289088
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33030)
Typical home value (ZHVI)$521,479
Typical rent (ZORI)$2,465/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 | $949,900 |
| Down payment (20.0%) | $189,980 |
| Loan amount | $759,920 |
| Closing costs (5.0%) | $47,495 |
| Total cash to close | $237,475 |
| Income | |
| Rent (comp-derived) | $4,300$51,600 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,956$47,472 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,504$18,048 |
| Insurance (placeholder 0.8% of price) | $633$7,599 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $215$2,580 |
| Total operating expenses | $2,352$28,227 |
| 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) | $215$2,580 |
| 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 | 2,190 | $3,375 | — | — | |
| single_family | 4 | 3 | 2,212 | $3,375 | 2026-06-10 | — | |
| single_family | 4 | 2 | 2,251 | $3,335 | 2026-05-31 | — | |
| single_family | 4 | 2 | 1,791 | $3,300 | 2026-07-22 | — | |
| single_family | 4 | 4 | 2,946 | $6,500 | 2026-03-29 | — | |
| single_family | 4 | 2 | 1,947 | $3,100 | 2026-07-06 | — | |
| single_family | 4 | 2 | 2,508 | $4,500 | 2026-08-20 | — | |
| single_family | 4 | 2 | 2,708 | $10,000 | 2025-10-22 | — | |
| single_family | 4 | 2 | 2,150 | $4,150 | 2026-09-01 | — | |
| single_family | 4 | 3 | 2,572 | $4,300 | 2025-10-06 | — | |
| single_family | 4 | 3 | 2,400 | $4,600 | 2026-05-09 | — | |
| single_family | 4 | 2 | 2,336 | $6,000 | 2026-08-05 | — | |
| single_family | 4 | 2 | 2,226 | $5,500 | 2026-05-18 | — | |
| single_family | 4 | 3 | 1,802 | $4,300 | — | — |
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 |
|---|---|---|---|---|---|---|
| 20464 SW 325th St | single_family | 4 | 3 | 2,366 | $795,000 | 2026-08-25 |
| 31115 SW 217th Ave | single_family | 4 | 4 | 4,610 | $1,450,000 | 2026-08-19 |
| 30452 SW 194th Ct | single_family | 4 | 2 | 2,052 | $512,000 | 2026-08-12 |
| 1650 NW 14th Ter | single_family | 4 | 2 | 1,834 | $712,500 | 2026-08-07 |
| 17344 SW 303rd St | single_family | 4 | 2 | 1,820 | $635,000 | 2026-08-03 |
| 341 NW 15th St | single_family | 4 | 2 | 1,652 | $620,000 | 2026-07-31 |
| 30602 SW 193rd Ct | single_family | 4 | 2 | 1,790 | $721,000 | 2026-07-31 |
| 31717 SW 189th Ct | single_family | 4 | 4 | 2,572 | $674,990 | 2026-07-30 |
| 29352 SW 178th Ave | single_family | 4 | 3 | 2,603 | $830,000 | 2026-07-29 |
| 121 NE 18th St | single_family | 4 | 3 | 2,071 | $560,000 | 2026-07-29 |
| 19382 SW 293rd St | single_family | 4 | 3 | 2,866 | $985,000 | 2026-07-29 |
| 224 NW 19th St | single_family | 4 | 2 | 1,956 | $615,000 | 2026-07-27 |
| 29400 SW 179th Ave | single_family | 4 | 2 | 4,053 | $955,000 | 2026-07-23 |
| 19022 SW 318th Ter | single_family | 4 | 2 | 1,791 | $500,000 | 2026-07-09 |
| 32302 SW 204th Ct | single_family | 4 | 3 | 2,248 | $760,000 | 2026-07-08 |
| 16741 SW 282nd St | single_family | 4 | 3 | 3,373 | $1,043,000 | 2026-07-06 |
| 19305 SW 312th St | single_family | 4 | 2 | 3,270 | $999,000 | 2026-06-26 |
| 32151 SW 196th Ave | single_family | 4 | 2 | 2,143 | $695,000 | 2026-06-26 |
| 16932 SW 291st St | single_family | 4 | 3 | 2,412 | $700,000 | 2026-06-26 |
| 18200 SW 296th St | single_family | 4 | 4 | 2,013 | $1,225,000 | 2026-06-26 |
| 1604 NW 20th St | single_family | 4 | 2 | 2,000 | $630,000 | 2026-06-24 |
| 16721 SW 298th Ter | single_family | 4 | 3 | 1,461 | $500,000 | 2026-06-23 |
| 17484 SW 284th St | single_family | 4 | 3 | 2,374 | $706,300 | 2026-06-18 |
| 19504 SW 324th St | single_family | 4 | 4 | 1,885 | $740,000 | 2026-06-17 |
| 32204 SW 205th Ave | single_family | 4 | 2 | 2,366 | $800,000 | 2026-06-17 |
| 31300 SW 192nd Ave | single_family | 4 | 2 | 2,672 | $740,000 | 2026-06-08 |
| 17490 SW 288th St | single_family | 4 | 3 | 3,009 | $910,000 | 2026-06-04 |
| 16800 SW 296th St | single_family | 4 | 2 | 1,695 | $683,000 | 2026-05-27 |
| 29377 SW 178th Ct | single_family | 4 | 3 | 2,603 | $790,000 | 2026-05-27 |
| 32240 SW 199th Ave | single_family | 4 | 3 | 1,458 | $635,000 | 2026-05-25 |
| 16955 SW 288th St | single_family | 4 | 4 | 4,230 | $1,150,000 | 2026-05-18 |
| 18900 SW 313th St | single_family | 4 | 3 | 1,771 | $530,000 | 2026-05-11 |
| 1701 NW 13th Ave | single_family | 4 | 2 | 1,347 | $525,000 | 2026-05-11 |
| 85 NW 21st St | single_family | 4 | 2 | 2,655 | $636,000 | 2026-05-08 |
| 29220 SW 187th Ave | single_family | 4 | 2 | 2,046 | $649,000 | 2026-05-07 |
| 1442 NW 20th St | single_family | 4 | 2 | 1,756 | $705,000 | 2026-04-27 |
| 29725 SW 168th Ct | single_family | 4 | 2 | 1,664 | $695,000 | 2026-04-27 |
| 19006 SW 307th St | single_family | 4 | 3 | 2,571 | $820,000 | 2026-04-27 |
| 18902 SW 316th St | single_family | 4 | 4 | — | $647,990 | 2026-04-24 |
| 17402 SW 285th St | single_family | 4 | 3 | 2,374 | $707,500 | 2026-04-22 |
| 222 NW 14th St | single_family | 4 | 3 | 1,548 | $572,000 | 2026-04-21 |
| 16911 SW 301st Ter | single_family | 4 | 2 | 1,450 | $465,000 | 2026-04-20 |
| 220 NE 12th Ave Lot 6 | single_family | 4 | 2 | 1,848 | $260,000 | 2026-04-20 |
| 973 NW 8th St | single_family | 4 | 3 | 1,620 | $575,000 | 2026-04-15 |
| 17420 SW 284th St | single_family | 4 | 3 | 2,374 | $690,000 | 2026-04-13 |
| 28863 SW 186th Ave | single_family | 4 | 4 | 2,880 | $875,000 | 2026-04-10 |
| 17403 SW 285th St | single_family | 4 | 3 | 2,374 | $705,500 | 2026-04-09 |
| 32301 SW 202nd Pl | single_family | 4 | 3 | 2,339 | $750,000 | 2026-04-08 |
| 6052550995 | single_family | 4 | 2 | 1,250 | $480,000 | 2026-04-08 |
| 31171 SW 193rd Ave | single_family | 4 | 4 | 2,689 | $720,000 | 2026-04-06 |
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 |
|---|---|---|---|---|---|---|
| 28544 SW 176th Ave. | single_family | 4 | 3 | 2,648 | $805,990 | — |
| SW 288 St & 177th Ave | single_family | 4 | 3 | 3,108 | $789,990 | — |
| 31353 SW 192 Ave | townhomes | 4 | 4 | 2,356 | $518,850 | — |
| 18856 SW 314th St | single_family | 4 | 3 | 2,072 | $540,640 | — |
| 17568 SW 286 St | single_family | 4 | 3 | 3,108 | $790,640 | — |
| SW 288 St & 177th Ave | single_family | 4 | 3 | 2,648 | $853,990 | — |
| 31415 SW 192 Ave | townhomes | 4 | 3 | 2,345 | $515,690 | — |
| 31413 SW 192 Ave | townhomes | 4 | 3 | 2,356 | $518,850 | — |
10-year hold projection
IRR-1.8%
Equity multiple0.70x
Total return (10yr)$52,864
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $978,397 | $19,245 | -$41,937 | $751,681 | $226,716 |
| 2 | $1,007,749 | $19,963 | -$41,283 | $742,876 | $264,873 |
| 3 | $1,037,981 | $20,707 | -$40,605 | $733,466 | $304,515 |
| 4 | $1,069,121 | $21,476 | -$39,904 | $723,410 | $345,711 |
| 5 | $1,101,194 | $22,272 | -$39,177 | $712,664 | $388,531 |
| 6 | $1,134,230 | $23,096 | -$38,424 | $701,180 | $433,051 |
| 7 | $1,168,257 | $23,949 | -$37,644 | $688,907 | $479,351 |
| 8 | $1,203,305 | $24,831 | -$36,837 | $675,791 | $527,514 |
| 9 | $1,239,404 | $25,744 | -$36,001 | $661,774 | $577,630 |
| 10 | $1,276,586 | $26,688 | -$35,135 | $646,795 | $629,791 |
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.